Living in Minco, Oklahoma

Cost of living, income, home prices, rent and demographics of Minco · Census data 2020–2024

Minco has 1,607 residents with a median age of 36.1. The median household income is $61,000 (6% lower than the Oklahoma median), the median home value is $145,900, the median rent is $493/month.

Minco at a glance

Population
1,607
Median age
36.1State: 37
Median household income
$61,000State: $65,039
Median home value
$145,900State: $199,800
Median rent
$493/moState: $1,014
Homeowners
60.5%
Bachelor's degree or higher
17.4%
Average commute
24 min

Is Minco a good place to live?

Pros: Home values 27% lower than the state median; unemployment of 4.8%; a poverty rate of 11.3%.

Cons: Median household income 6% lower than the Oklahoma median; an average commute of 24 minutes.

The weather is best in April–May and September–October.

Cost of living in Minco

Housing is the biggest part of the cost of living. In Minco the median home value is $145,900, 56% lower than the U.S. median. Renters pay a median of $493 per month, which is 18.1% of household income. Homeowners with a mortgage pay $1,360 a month in housing costs.

Median home value

Minco$145,900
Oklahoma$199,800
United States$332,700

Median monthly rent

Minco$493
Oklahoma$1,014
United States$1,413

Minco median household income

The median household income in Minco is $61,000 and the income per person is $32,873. 11.3% of residents live below the poverty line (Oklahoma: 15.3%).

Median household income

Minco$61,000
Oklahoma$65,039
United States$80,734

Housing in Minco: homes for sale and rent

Housing units
721
Owner-occupied
60.5%
Renter-occupied
39.5%
Vacant
11.5%Includes seasonal homes
Median year built
1973
Average household size
2.45

Minco demographics

Population
1,607
Median age
36.1
Under 18
24.1%
65 and older
17.9%
Households
638
Foreign-born
2.5%
Veterans
5.3%Adults 18+

Race and ethnicity

White81.6%
Hispanic or Latino11%
Black0.2%
Asian0.2%

Hispanic or Latino can be of any race. Population history of Minco ›

Education in Minco

17.4% of adults 25 and older in Minco have a bachelor's degree or higher (Oklahoma: 28.3%), and 4.2% have a graduate or professional degree.

Bachelor's degree or higher

Minco17.4%
Oklahoma28.3%
United States35.7%

Jobs and commute in Minco

Unemployment rate
4.8%State: 5%
Average commute
24 minState: 22 min
Work from home
12.9%
Drive alone
72.7%
Public transit
0%
Walk to work
1.8%
Homes with broadband
76.5%

Minco vs nearby towns

TownPopulationMedian incomeHome valueRent
Minco1,607$61,000$145,900$493
Union City1,722$105,833$298,400$1,102
Pocasset181$49,167$96,000$725
Tuttle8,040$103,994$320,500$1,016
Amber445$55,313$116,100$1,100
Bridge Creek356$98,750$275,000$1,048
Mustang22,192$87,844$239,200$1,287
El Reno18,557$56,219$165,900$968
Cedar Lake421$32,917$77,000$788

More for people moving to Minco

Minco ZIP code ›Weather and climate ›

Living in Minco: FAQ

What is the median household income in Minco, OK?

The median household income in Minco is $61,000, 6% 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 Minco?

The median home value in Minco is $145,900, compared with $199,800 in Oklahoma.

How much is rent in Minco?

The median gross rent in Minco is $493 per month, about 18.1% of household income.

Is Minco, OK a good place to live?

Pluses: home values 27% lower than the state median; unemployment of 4.8%; a poverty rate of 11.3%. Minuses: median household income 6% lower than the Oklahoma median; an average commute of 24 minutes.

What is the median age in Minco?

The median age in Minco is 36.1 years (Oklahoma: 37).

How long is the commute in Minco?

The average commute to work in Minco is 24 minutes; 12.9% of workers work from home.

What is the unemployment rate in Minco?

The unemployment rate in Minco is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Minco?

17.4% of adults in Minco 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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