Living in Lake Aluma, Oklahoma
Cost of living, income, home prices, rent and demographics of Lake Aluma · Census data 2020–2024
Lake Aluma has 105 residents with a median age of 53.1. The median household income is $250,001 (284% higher than the Oklahoma median), the median home value is $1,163,500.
Lake Aluma is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lake Aluma at a glance
- Population
- 105
- Median age
- 53.1State: 37
- Median household income
- $250,001State: $65,039
- Median home value
- $1,163,500State: $199,800
- Homeowners
- 100%
- Bachelor's degree or higher
- 69.1%
- Average commute
- 18 min
Is Lake Aluma a good place to live?
Pros: Median household income 284% higher than the Oklahoma median; an average commute of 18 minutes; a poverty rate of 14.3%.
Cons: Home values 482% higher than the state median; unemployment of 8.7%.
The weather is best in April–May and September–October.
Cost of living in Lake Aluma
Housing is the biggest part of the cost of living. In Lake Aluma the median home value is $1,163,500, 250% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $4,001 a month in housing costs.
Lake Aluma median household income
The median household income in Lake Aluma is $250,001 and the income per person is $139,898. 14.3% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Lake Aluma: homes for sale and rent
- Housing units
- 48
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 14.6%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.56
Lake Aluma demographics
- Population
- 105
- Median age
- 53.1
- Under 18
- 21%
- 65 and older
- 37.1%
- Households
- 41
- Foreign-born
- 1.9%
- Veterans
- 8.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Aluma ›
Education in Lake Aluma
69.1% of adults 25 and older in Lake Aluma have a bachelor's degree or higher (Oklahoma: 28.3%), and 45.7% have a graduate or professional degree.
Jobs and commute in Lake Aluma
- Unemployment rate
- 8.7%State: 5%
- Average commute
- 18 minState: 22 min
- Work from home
- 14.6%
- Drive alone
- 85.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95.1%
Lake Aluma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Aluma | 105 | $250,001 | $1,163,500 | — |
| Forest Park | 949 | $103,929 | $289,000 | — |
| Spencer | 3,928 | $59,861 | $157,000 | — |
| Nichols Hills | 3,843 | $207,567 | $818,500 | $2,130 |
| Del City | 21,494 | $46,925 | $126,800 | $1,054 |
| Oklahoma City | 697,125 | $68,656 | $231,300 | $1,130 |
| Midwest City | 58,297 | $57,520 | $164,500 | $1,091 |
| The Village | 9,447 | $77,108 | $211,800 | $1,403 |
| Nicoma Park | 2,566 | $62,447 | $162,100 | $1,012 |
More for people moving to Lake Aluma
Lake Aluma ZIP code ›Weather and climate ›Living in Lake Aluma: FAQ
What is the median household income in Lake Aluma, OK?
The median household income in Lake Aluma is $250,001, 284% 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 Lake Aluma?
The median home value in Lake Aluma is $1,163,500, compared with $199,800 in Oklahoma.
Is Lake Aluma, OK a good place to live?
Pluses: median household income 284% higher than the Oklahoma median; an average commute of 18 minutes; a poverty rate of 14.3%. Minuses: home values 482% higher than the state median; unemployment of 8.7%.
What is the median age in Lake Aluma?
The median age in Lake Aluma is 53.1 years (Oklahoma: 37).
How long is the commute in Lake Aluma?
The average commute to work in Lake Aluma is 18 minutes; 14.6% of workers work from home.
What is the unemployment rate in Lake Aluma?
The unemployment rate in Lake Aluma is 8.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Aluma?
69.1% of adults in Lake Aluma 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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