Living in Yale, Oklahoma

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

Yale has 998 residents with a median age of 36.9. The median household income is $42,750 (34% lower than the Oklahoma median), the median home value is $82,400, the median rent is $788/month.

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

Yale at a glance

Population
998
Median age
36.9State: 37
Median household income
$42,750State: $65,039
Median home value
$82,400State: $199,800
Median rent
$788/moState: $1,014
Homeowners
52.2%
Bachelor's degree or higher
12.9%
Average commute
29 min

Is Yale a good place to live?

Pros: Home values 59% lower than the state median.

Cons: Median household income 34% lower than the Oklahoma median; an average commute of 29 minutes; unemployment of 5.6%; a poverty rate of 27.7%.

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

Cost of living in Yale

Housing is the biggest part of the cost of living. In Yale the median home value is $82,400, 75% lower than the U.S. median. Renters pay a median of $788 per month, which is 22.8% of household income. Homeowners with a mortgage pay $1,108 a month in housing costs.

Median home value

Yale$82,400
Oklahoma$199,800
United States$332,700

Median monthly rent

Yale$788
Oklahoma$1,014
United States$1,413

Yale median household income

The median household income in Yale is $42,750 and the income per person is $22,546. 27.7% of residents live below the poverty line (Oklahoma: 15.3%).

Median household income

Yale$42,750
Oklahoma$65,039
United States$80,734

Housing in Yale: homes for sale and rent

Housing units
541
Owner-occupied
52.2%
Renter-occupied
47.8%
Vacant
21.4%Includes seasonal homes
Median year built
1971
Average household size
2.35

Yale demographics

Population
998
Median age
36.9
Under 18
22.5%
65 and older
17.2%
Households
425
Foreign-born
0.9%
Veterans
6%Adults 18+

Race and ethnicity

White82.1%
Hispanic or Latino11.7%
Black0%
Asian3.6%

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

Education in Yale

12.9% of adults 25 and older in Yale have a bachelor's degree or higher (Oklahoma: 28.3%), and 3.8% have a graduate or professional degree.

Bachelor's degree or higher

Yale12.9%
Oklahoma28.3%
United States35.7%

Jobs and commute in Yale

Unemployment rate
5.6%State: 5%
Average commute
29 minState: 22 min
Work from home
2.5%
Drive alone
79.1%
Public transit
0%
Walk to work
5.2%
Homes with broadband
79.1%

Yale vs nearby towns

TownPopulationMedian incomeHome valueRent
Yale998$42,750$82,400$788
Oilton921$30,982$82,400$600
Jennings346$35,833$82,100$589
Ingalls229$68,750——
Cushing8,367$44,136$114,500$798
Drumright2,361$45,580$85,600$472
Hallett132$36,458$67,500$1,083
Ripley259$41,250$81,700$725
Glencoe516$49,821$90,600$789

More for people moving to Yale

Yale ZIP code ›Weather and climate ›

Living in Yale: FAQ

What is the median household income in Yale, OK?

The median household income in Yale is $42,750, 34% 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 Yale?

The median home value in Yale is $82,400, compared with $199,800 in Oklahoma.

How much is rent in Yale?

The median gross rent in Yale is $788 per month, about 22.8% of household income.

Is Yale, OK a good place to live?

Pluses: home values 59% lower than the state median. Minuses: median household income 34% lower than the Oklahoma median; an average commute of 29 minutes; unemployment of 5.6%; a poverty rate of 27.7%.

What is the median age in Yale?

The median age in Yale is 36.9 years (Oklahoma: 37).

How long is the commute in Yale?

The average commute to work in Yale is 29 minutes; 2.5% of workers work from home.

What is the unemployment rate in Yale?

The unemployment rate in Yale is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Yale?

12.9% of adults in Yale 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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