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Oklahoma · Census place 47350

Medicine Park town, OK

Quick answer

Medicine Park town has 344 residents, ranking #435 of 846 places in Oklahoma. Median household income is $106,750, the median home is worth $326,800 and median gross rent runs $1,188 a month.

Population
344Medicine Park town residents
Median household income
$106,750Past 12 months, inflation adjusted
Median home value
$326,800Owner-occupied units
Median gross rent
$1,188Rent plus utilities, monthly
Median age
49 yrsAll residents
Homeownership rate
88.3%Owner-occupied households

What the numbers mean in Medicine Park town

Housing cost measured against local earnings.

A household earning the Medicine Park town median would spend about 13.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.7% of residents and 88.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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