Living in Forgan, Oklahoma
Cost of living, income, home prices, rent and demographics of Forgan · Census data 2020–2024
Forgan has 359 residents with a median age of 49.3. The median household income is $70,114 (8% higher than the Oklahoma median), the median home value is $60,500, the median rent is $564/month.
Forgan is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Forgan at a glance
- Population
- 359
- Median age
- 49.3State: 37
- Median household income
- $70,114State: $65,039
- Median home value
- $60,500State: $199,800
- Median rent
- $564/moState: $1,014
- Homeowners
- 86.7%
- Bachelor's degree or higher
- 3.7%
- Average commute
- 13 min
Is Forgan a good place to live?
Pros: Median household income 8% higher than the Oklahoma median; home values 70% lower than the state median; an average commute of 13 minutes; unemployment of 4.7%; a poverty rate of 2.8%.
The weather is best in April–May and September–October.
Cost of living in Forgan
Housing is the biggest part of the cost of living. In Forgan the median home value is $60,500, 82% lower than the U.S. median. Renters pay a median of $564 per month, which is 14.3% of household income. Homeowners with a mortgage pay $975 a month in housing costs.
Forgan median household income
The median household income in Forgan is $70,114 and the income per person is $28,458. 2.8% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Forgan: homes for sale and rent
- Housing units
- 152
- Owner-occupied
- 86.7%
- Renter-occupied
- 13.3%
- Vacant
- 30.9%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 3.42
30.9% of homes are vacant most of the year, a sign that Forgan has many vacation and second homes.
Forgan demographics
- Population
- 359
- Median age
- 49.3
- Under 18
- 11.1%
- 65 and older
- 20.6%
- Households
- 105
- Foreign-born
- 7.2%
- Veterans
- 0.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Forgan ›
Education in Forgan
3.7% of adults 25 and older in Forgan have a bachelor's degree or higher (Oklahoma: 28.3%), and 0.7% have a graduate or professional degree.
Jobs and commute in Forgan
- Unemployment rate
- 4.7%State: 5%
- Average commute
- 13 minState: 22 min
- Work from home
- 0%
- Drive alone
- 93%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 77.1%
Forgan vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Forgan | 359 | $70,114 | $60,500 | $564 |
| Beaver | 1,586 | $56,078 | $154,000 | $749 |
| Little Ponderosa | 374 | $72,625 | $218,100 | — |
| Turpin | 441 | $25,938 | $85,800 | $885 |
| Kismet | 414 | $60,197 | $109,000 | $932 |
| Liberal | 19,316 | $63,706 | $137,100 | $900 |
| Plains | 1,171 | $71,136 | $151,400 | $778 |
| Meade | 1,341 | $75,321 | $121,700 | $759 |
| Tyrone | 1,082 | $2,499 | $55,400 | $633 |
More for people moving to Forgan
Forgan ZIP code ›Weather and climate ›Living in Forgan: FAQ
What is the median household income in Forgan, OK?
The median household income in Forgan is $70,114, 8% 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 Forgan?
The median home value in Forgan is $60,500, compared with $199,800 in Oklahoma.
How much is rent in Forgan?
The median gross rent in Forgan is $564 per month, about 14.3% of household income.
Is Forgan, OK a good place to live?
Pluses: median household income 8% higher than the Oklahoma median; home values 70% lower than the state median; an average commute of 13 minutes; unemployment of 4.7%; a poverty rate of 2.8%.
What is the median age in Forgan?
The median age in Forgan is 49.3 years (Oklahoma: 37).
How long is the commute in Forgan?
The average commute to work in Forgan is 13 minutes; 0% of workers work from home.
What is the unemployment rate in Forgan?
The unemployment rate in Forgan is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Forgan?
3.7% of adults in Forgan 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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