Living in Terral, Oklahoma

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

Terral has 231 residents with a median age of 52.2. The median household income is $34,750 (47% lower than the Oklahoma median), the median home value is $57,700, the median rent is $455/month.

Terral is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Terral at a glance

Population
231
Median age
52.2State: 37
Median household income
$34,750State: $65,039
Median home value
$57,700State: $199,800
Median rent
$455/moState: $1,014
Homeowners
61.5%
Bachelor's degree or higher
8.7%
Average commute
30 min

Is Terral a good place to live?

Pros: Home values 71% lower than the state median.

Cons: Median household income 47% lower than the Oklahoma median; an average commute of 30 minutes; unemployment of 14.3%; a poverty rate of 26.4%.

The weather is best in March to May and October.

Cost of living in Terral

Housing is the biggest part of the cost of living. In Terral the median home value is $57,700, 83% lower than the U.S. median. Renters pay a median of $455 per month, which is 22.5% of household income. Homeowners with a mortgage pay $667 a month in housing costs.

Median home value

Terral$57,700
Oklahoma$199,800
United States$332,700

Median monthly rent

Terral$455
Oklahoma$1,014
United States$1,413

Terral median household income

The median household income in Terral is $34,750 and the income per person is $24,318. 26.4% of residents live below the poverty line (Oklahoma: 15.3%).

Median household income

Terral$34,750
Oklahoma$65,039
United States$80,734

Housing in Terral: homes for sale and rent

Housing units
165
Owner-occupied
61.5%
Renter-occupied
38.5%
Vacant
33.9%Includes seasonal homes
Median year built
1957
Average household size
2.12

33.9% of homes are vacant most of the year, a sign that Terral has many vacation and second homes.

Terral demographics

Population
231
Median age
52.2
Under 18
18.2%
65 and older
27.3%
Households
109
Foreign-born
3%
Veterans
9%Adults 18+

Race and ethnicity

White77.1%
Hispanic or Latino11.3%
Black0%
Asian0%

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

Education in Terral

8.7% of adults 25 and older in Terral have a bachelor's degree or higher (Oklahoma: 28.3%), and 4.9% have a graduate or professional degree.

Bachelor's degree or higher

Terral8.7%
Oklahoma28.3%
United States35.7%

Jobs and commute in Terral

Unemployment rate
14.3%State: 5%
Average commute
30 minState: 22 min
Work from home
4.5%
Drive alone
78.8%
Public transit
0%
Walk to work
3%
Homes with broadband
61.5%

Terral vs nearby towns

TownPopulationMedian incomeHome valueRent
Terral231$34,750$57,700$455
Ringgold174$34,750$87,100—
Ryan795$53,092$48,400$500
Nocona3,144$42,731$122,400$736
Henrietta3,167$66,630$145,600$790
Nocona Hills687$66,500$231,300—
Petrolia416$63,750$95,600$942
Bellevue359$51,750$83,300$1,063
Byers393$63,333$112,100—

More for people moving to Terral

Terral ZIP code ›Weather and climate ›

Living in Terral: FAQ

What is the median household income in Terral, OK?

The median household income in Terral is $34,750, 47% 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 Terral?

The median home value in Terral is $57,700, compared with $199,800 in Oklahoma.

How much is rent in Terral?

The median gross rent in Terral is $455 per month, about 22.5% of household income.

Is Terral, OK a good place to live?

Pluses: home values 71% lower than the state median. Minuses: median household income 47% lower than the Oklahoma median; an average commute of 30 minutes; unemployment of 14.3%; a poverty rate of 26.4%.

What is the median age in Terral?

The median age in Terral is 52.2 years (Oklahoma: 37).

How long is the commute in Terral?

The average commute to work in Terral is 30 minutes; 4.5% of workers work from home.

What is the unemployment rate in Terral?

The unemployment rate in Terral is 14.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Terral?

8.7% of adults in Terral 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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