Living in Medicine Park, Oklahoma
Cost of living, income, home prices, rent and demographics of Medicine Park · Census data 2020–2024
Medicine Park has 418 residents with a median age of 47.6. The median household income is $124,000 (91% higher than the Oklahoma median), the median home value is $331,500, the median rent is $1,167/month.
Medicine Park is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Medicine Park at a glance
- Population
- 418
- Median age
- 47.6State: 37
- Median household income
- $124,000State: $65,039
- Median home value
- $331,500State: $199,800
- Median rent
- $1,167/moState: $1,014
- Homeowners
- 95.8%
- Bachelor's degree or higher
- 55.1%
- Average commute
- 25 min
Is Medicine Park a good place to live?
Pros: Median household income 91% higher than the Oklahoma median; unemployment of 3.3%; a poverty rate of 4.8%.
Cons: Home values 66% higher than the state median; an average commute of 25 minutes.
The weather is best in April–May and September–October.
Cost of living in Medicine Park
Housing is the biggest part of the cost of living. In Medicine Park the median home value is $331,500, about the same as the U.S. median. Renters pay a median of $1,167 per month, which is 13.3% of household income. Homeowners with a mortgage pay $2,295 a month in housing costs.
Medicine Park median household income
The median household income in Medicine Park is $124,000 and the income per person is $72,202. 4.8% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Medicine Park: homes for sale and rent
- Housing units
- 331
- Owner-occupied
- 95.8%
- Renter-occupied
- 4.2%
- Vacant
- 42%Includes seasonal homes
- Median year built
- 2003
- Average household size
- 2.18
42% of homes are vacant most of the year, a sign that Medicine Park has many vacation and second homes.
Medicine Park demographics
- Population
- 418
- Median age
- 47.6
- Under 18
- 20.1%
- 65 and older
- 17.5%
- Households
- 192
- Foreign-born
- 3.1%
- Veterans
- 17.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Medicine Park ›
Education in Medicine Park
55.1% of adults 25 and older in Medicine Park have a bachelor's degree or higher (Oklahoma: 28.3%), and 28.1% have a graduate or professional degree.
Jobs and commute in Medicine Park
- Unemployment rate
- 3.3%State: 5%
- Average commute
- 25 minState: 22 min
- Work from home
- 6.1%
- Drive alone
- 85.5%
- Public transit
- 0%
- Walk to work
- 5.6%
- Homes with broadband
- 94.3%
Medicine Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Medicine Park | 418 | $124,000 | $331,500 | $1,167 |
| Lawton | 90,595 | $54,433 | $142,100 | $967 |
| Edgewater Park | 135 | $34,375 | $67,400 | — |
| Cache | 3,074 | $65,536 | $162,700 | $820 |
| Elgin | 3,608 | $96,250 | $260,700 | $1,225 |
| Apache | 1,034 | $59,375 | $86,100 | $702 |
| Fletcher | 1,309 | $71,458 | $148,300 | $968 |
| Indiahoma | 297 | $59,688 | $58,400 | $900 |
| Sterling | 751 | $67,981 | $131,900 | $604 |
More for people moving to Medicine Park
Medicine Park ZIP code ›Weather and climate ›Living in Medicine Park: FAQ
What is the median household income in Medicine Park, OK?
The median household income in Medicine Park is $124,000, 91% 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 Medicine Park?
The median home value in Medicine Park is $331,500, compared with $199,800 in Oklahoma.
How much is rent in Medicine Park?
The median gross rent in Medicine Park is $1,167 per month, about 13.3% of household income.
Is Medicine Park, OK a good place to live?
Pluses: median household income 91% higher than the Oklahoma median; unemployment of 3.3%; a poverty rate of 4.8%. Minuses: home values 66% higher than the state median; an average commute of 25 minutes.
What is the median age in Medicine Park?
The median age in Medicine Park is 47.6 years (Oklahoma: 37).
How long is the commute in Medicine Park?
The average commute to work in Medicine Park is 25 minutes; 6.1% of workers work from home.
What is the unemployment rate in Medicine Park?
The unemployment rate in Medicine Park is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Medicine Park?
55.1% of adults in Medicine Park 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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