Living in Laverne, Oklahoma
Cost of living, income, home prices, rent and demographics of Laverne · Census data 2020–2024
Laverne has 904 residents with a median age of 41.3. The median household income is $60,694 (7% lower than the Oklahoma median), the median home value is $115,600, the median rent is $886/month.
Laverne is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Laverne at a glance
- Population
- 904
- Median age
- 41.3State: 37
- Median household income
- $60,694State: $65,039
- Median home value
- $115,600State: $199,800
- Median rent
- $886/moState: $1,014
- Homeowners
- 76.4%
- Bachelor's degree or higher
- 39.2%
- Average commute
- 19 min
Is Laverne a good place to live?
Pros: Home values 42% lower than the state median; an average commute of 19 minutes; unemployment of 4.8%.
Cons: Median household income 7% lower than the Oklahoma median; a poverty rate of 27.3%.
The weather is best in April–May and September–October.
Cost of living in Laverne
Housing is the biggest part of the cost of living. In Laverne the median home value is $115,600, 65% lower than the U.S. median. Renters pay a median of $886 per month, which is 17.5% of household income. Homeowners with a mortgage pay $1,287 a month in housing costs.
Laverne median household income
The median household income in Laverne is $60,694 and the income per person is $30,732. 27.3% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Laverne: homes for sale and rent
- Housing units
- 528
- Owner-occupied
- 76.4%
- Renter-occupied
- 23.6%
- Vacant
- 26.1%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.32
Laverne demographics
- Population
- 904
- Median age
- 41.3
- Under 18
- 26.1%
- 65 and older
- 12.7%
- Households
- 390
- Foreign-born
- 30.6%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Laverne ›
Education in Laverne
39.2% of adults 25 and older in Laverne have a bachelor's degree or higher (Oklahoma: 28.3%), and 7.7% have a graduate or professional degree.
Jobs and commute in Laverne
- Unemployment rate
- 4.8%State: 5%
- Average commute
- 19 minState: 22 min
- Work from home
- 0%
- Drive alone
- 94.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 91.8%
Laverne vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Laverne | 904 | $60,694 | $115,600 | $886 |
| Buffalo | 1,092 | $72,065 | $88,300 | $696 |
| Fort Supply | 274 | $63,000 | $125,900 | $722 |
| Follett | 305 | $88,438 | $97,500 | — |
| Fargo | 307 | $70,114 | $67,500 | $663 |
| Gage | 397 | $43,750 | $56,900 | $826 |
| Darrouzett | 270 | $67,500 | $88,000 | $585 |
| Shattuck | 1,212 | $54,868 | $119,400 | $892 |
| Woodward | 11,882 | $54,463 | $157,800 | $839 |
More for people moving to Laverne
Laverne ZIP code ›Weather and climate ›Living in Laverne: FAQ
What is the median household income in Laverne, OK?
The median household income in Laverne is $60,694, 7% lower 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 Laverne?
The median home value in Laverne is $115,600, compared with $199,800 in Oklahoma.
How much is rent in Laverne?
The median gross rent in Laverne is $886 per month, about 17.5% of household income.
Is Laverne, OK a good place to live?
Pluses: home values 42% lower than the state median; an average commute of 19 minutes; unemployment of 4.8%. Minuses: median household income 7% lower than the Oklahoma median; a poverty rate of 27.3%.
What is the median age in Laverne?
The median age in Laverne is 41.3 years (Oklahoma: 37).
How long is the commute in Laverne?
The average commute to work in Laverne is 19 minutes; 0% of workers work from home.
What is the unemployment rate in Laverne?
The unemployment rate in Laverne is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Laverne?
39.2% of adults in Laverne 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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