Living in Faxon, Oklahoma
Cost of living, income, home prices, rent and demographics of Faxon · Census data 2020–2024
Faxon has 86 residents with a median age of 40. The median household income is $86,250 (33% higher than the Oklahoma median), the median home value is $125,000, the median rent is $540/month.
Faxon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Faxon at a glance
- Population
- 86
- Median age
- 40State: 37
- Median household income
- $86,250State: $65,039
- Median home value
- $125,000State: $199,800
- Median rent
- $540/moState: $1,014
- Homeowners
- 78.9%
- Bachelor's degree or higher
- 14.1%
- Average commute
- 30 min
Is Faxon a good place to live?
Pros: Median household income 33% higher than the Oklahoma median; home values 37% lower than the state median; a poverty rate of 7%.
Cons: An average commute of 30 minutes.
The weather is best in April–May and September–October.
Cost of living in Faxon
Housing is the biggest part of the cost of living. In Faxon the median home value is $125,000, 62% lower than the U.S. median. Renters pay a median of $540 per month, which is 12.5% of household income. Homeowners with a mortgage pay $1,094 a month in housing costs.
Faxon median household income
The median household income in Faxon is $86,250 and the income per person is $31,794. 7% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Faxon: homes for sale and rent
- Housing units
- 49
- Owner-occupied
- 78.9%
- Renter-occupied
- 21.1%
- Vacant
- 22.4%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.26
Faxon demographics
- Population
- 86
- Median age
- 40
- Under 18
- 20.9%
- 65 and older
- 17.4%
- Households
- 38
- Foreign-born
- 0%
- Veterans
- 23.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Faxon ›
Education in Faxon
14.1% of adults 25 and older in Faxon have a bachelor's degree or higher (Oklahoma: 28.3%), and 6.3% have a graduate or professional degree.
Jobs and commute in Faxon
- Unemployment rate
- 0%State: 5%
- Average commute
- 30 minState: 22 min
- Work from home
- 10.3%
- Drive alone
- 64.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 94.7%
Faxon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Faxon | 86 | $86,250 | $125,000 | $540 |
| Chattanooga | 406 | $53,438 | $113,700 | $819 |
| Geronimo | 1,155 | $73,611 | $93,500 | $1,132 |
| Cache | 3,074 | $65,536 | $162,700 | $820 |
| Lawton | 90,595 | $54,433 | $142,100 | $967 |
| Walters | 2,091 | $54,425 | $126,900 | $719 |
| Indiahoma | 297 | $59,688 | $58,400 | $900 |
| Grandfield | 940 | $29,811 | $49,700 | $625 |
| Devol | 146 | $37,115 | $84,200 | — |
More for people moving to Faxon
Faxon ZIP code ›Weather and climate ›Living in Faxon: FAQ
What is the median household income in Faxon, OK?
The median household income in Faxon is $86,250, 33% higher than the Oklahoma median of $65,039 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Faxon?
The median home value in Faxon is $125,000, compared with $199,800 in Oklahoma.
How much is rent in Faxon?
The median gross rent in Faxon is $540 per month, about 12.5% of household income.
Is Faxon, OK a good place to live?
Pluses: median household income 33% higher than the Oklahoma median; home values 37% lower than the state median; a poverty rate of 7%. Minuses: an average commute of 30 minutes.
What is the median age in Faxon?
The median age in Faxon is 40 years (Oklahoma: 37).
How long is the commute in Faxon?
The average commute to work in Faxon is 30 minutes; 10.3% of workers work from home.
What is the unemployment rate in Faxon?
The unemployment rate in Faxon is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Faxon?
14.1% of adults in Faxon have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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