What is the median household income in New Cordell, OK?
The median household income in New Cordell, OK is $73,107 (±$9,352) a year (2020–2024 American Community Survey).
Paying the median gross rent of $741 a month would take about $29,600 a year at the common guideline of spending no more than 30% of income on rent.
In New Cordell, the median household income went from $45,227 in 2015–2019 to $73,107 in 2020–2024 (+61.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $73,107 (±$9,352)
- Median renter income
- $38,295 (±$19,432)
- Income to afford median rent
- about $29,600
Income in New Cordell against Washita County, its state and the nation
| New Cordell | Washita County | Oklahoma | United States | |
|---|---|---|---|---|
| Median household income | $73,107 (±$9,352) | $63,501 (±$2,837) | $65,039 (±$439) | $80,734 |
| Median renter household income | $38,295 (±$19,432) | $47,155 (±$7,589) | $42,664 (±$446) | $52,966 |
| Median owner household income | $75,658 (±$7,706) | $66,660 (±$7,164) | $81,932 (±$637) | $100,009 |
| Median gross rent | $741 (±$118) | $815 (±$36) | $1,014 (±$6) | $1,413 |
In New Cordell, median household income is not measurably different from Washita County ($63,501).
It is not measurably different from Oklahoma ($65,039).
It is not measurably different from the national figure ($80,734).
In Washita County, New Cordell ranks 2 of 10 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 98 of 569.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in New Cordell
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $741 a month ($8,892 a year) needs an income of about $29,600 a year.
The median renting household in New Cordell earns $38,295 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $45,227 (±$9,474) | $73,107 (±$9,352) | +61.6% | Up after inflation |
| Median gross rent | $644 (±$231) | $741 (±$118) | +15.1% | No measurable change after inflation |
| Median home value | $79,800 (±$8,092) | $106,600 (±$12,608) | +33.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near New Cordell
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| New Cordell | — | $73,107 (±$9,352) | — |
| Bessie | 6.1 mi | $47,500 (±$26,760) | Not measurably different |
| Dill City | 8.5 mi | $42,625 (±$11,807) | Lower |
| Rocky | 11 mi | $60,000 (±$19,590) | Not measurably different |
| Burns Flat | 11 mi | $45,446 (±$9,953) | Lower |
| Corn | 13 mi | $58,657 (±$2,583) | Lower |
| Sentinel | 14 mi | $120,227 (±$71,857) | Not measurably different |
| Clinton | 15 mi | $58,207 (±$8,852) | Lower |
| Foss | 15 mi | $46,250 (±$43,599) | Not measurably different |
Nearby places with a measurably lower figure: Dill City, OK ($42,625), Burns Flat, OK ($45,446), Corn, OK ($58,657).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Washita County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Sentinel | $120,227 (±$71,857) |
| 2 | New Cordell | $73,107 (±$9,352) |
| 3 | Rocky | $60,000 (±$19,590) |
| 4 | Corn | $58,657 (±$2,583) |
| 5 | Canute | $57,813 (±$7,031) |
| 6 | Bessie | $47,500 (±$26,760) |
| 7 | Foss | $46,250 (±$43,599) |
| 8 | Burns Flat | $45,446 (±$9,953) |
Showing 8 of 10 places in Washita County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in New Cordell
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Questions about New Cordell
What is the median household income in New Cordell?
The median household income in New Cordell is $73,107 (±$9,352) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in New Cordell?
About $29,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $741 a month.
Have incomes in New Cordell kept up with inflation?
In New Cordell, the median household income went from $45,227 in 2015–2019 to $73,107 in 2020–2024 (+61.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in New Cordell?
The median renting household in New Cordell, OK earns $38,295 (±$19,432) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New Cordell city, Oklahoma
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Cordell city, Oklahoma
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Cordell city, Oklahoma
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — New Cordell city, Oklahoma
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Cordell city, Oklahoma
- Median Value (B25077), 2015–2019 ACS 5-year estimates — New Cordell city, Oklahoma
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for New Cordell city, Oklahoma (place:51250, in state:40).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in New Cordell
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- Renters and owners in New Cordell
- Home values in New Cordell
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- Heating fuel in New Cordell
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- Population growth in New Cordell
- How long people stay in New Cordell
- Oklahoma landlord and tenant rules
- Housing across Washita County
- Oklahoma places ranked by median household income
- Housing data for every place in Oklahoma