What percentage of people rent in Red Oak, OK?
30.6% (±7.7 points) of the occupied homes in Red Oak, OK are rented (2020–2024 American Community Survey).
That is 66 renting households against 150 that own their home.
In Red Oak, the share of households that rent went from 34.2% in 2015–2019 to 30.6% in 2020–2024 (−3.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 30.6% (±7.7 points)
- Renting households
- 66 (±19)
- Median renter income
- $17,500 (±$13,339)
Who rents and who owns in Red Oak
| Red Oak | Latimer County | Oklahoma | United States | |
|---|---|---|---|---|
| Renter-occupied share | 30.6% (±7.7 points) | 27.6% (±2.7 points) | 34.2% (±0.2 points) | 34.8% |
| Renting households | 66 (±19) | 1,078 (±109) | 534,552 (±3,633) | 45,017,354 |
| Owning households | 150 (±32) | 2,823 (±134) | 1,027,837 (±4,261) | 84,210,142 |
| Average renter household size | 2.4 (±0.7) | 2.2 (±0.2) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.4) | 2.4 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $17,500 (±$13,339) | $26,156 (±$2,632) | $42,664 (±$446) | $52,966 |
| Median owner household income | $36,759 (±$2,196) | $51,474 (±$5,288) | $81,932 (±$637) | $100,009 |
In Red Oak, the renter share is not measurably different from Latimer County (27.6%).
It is not measurably different from Oklahoma (34.2%).
It is not measurably different from the national figure (34.8%).
Statewide, it ranks 251 of 609.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Red Oak has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 34.2% (±7.7 points) | 30.6% (±7.7 points) | −3.6 percentage points | Not a measurable change |
| Median gross rent | $535 (±$60) | $713 (±$127) | +33.3% | No measurable change after inflation |
| Median household income | $32,813 (±$5,694) | $35,463 (±$3,554) | +8.1% | 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.
Households that rent in places near Red Oak
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Red Oak | — | 30.6% (±7.7 points) | — |
| Le Flore | 7.0 mi | 40.0% (±13.5 points) | Not measurably different |
| Fanshawe | 9.6 mi | 13.3% (±6.8 points) | Lower |
| Wilburton | 13 mi | 36.6% (±6.7 points) | Not measurably different |
| Talihina | 14 mi | 39.8% (±13.4 points) | Not measurably different |
| Kinta | 15 mi | 29.2% (±12.3 points) | Not measurably different |
| McCurtain | 15 mi | 14.5% (±7.7 points) | Lower |
| Albion | 20 mi | 16.7% (±19.1 points) | Not measurably different |
| Quinton | 20 mi | 35.5% (±8.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Fanshawe, OK (13.3%), McCurtain, OK (14.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Red Oak
How many renters are there in Red Oak?
Red Oak has an estimated 66 (±19) renting households, 30.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Red Oak?
In Red Oak, the share of households that rent went from 34.2% in 2015–2019 to 30.6% in 2020–2024 (−3.6 percentage points), not a measurable change.
How big are renting households in Red Oak?
A renting household in Red Oak has 2.4 people on average, against 2.5 in an owned home.
How much do renters earn in Red Oak?
The median renting household in Red Oak, OK has an income of $17,500 (±$13,339) a year, against $36,759 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Red Oak town, Oklahoma
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Red Oak town, Oklahoma
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Red Oak town, Oklahoma
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Red Oak town, Oklahoma
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Red Oak town, 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 Red Oak town, Oklahoma (place:62550, in state:40).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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
- Housing in Red Oak at a glance
- Income and affordability in Red Oak
- Home values in Red Oak
- Homeowner costs in Red Oak
- Property taxes in Red Oak
- Types of homes in Red Oak
- Bedrooms in Red Oak
- Age of homes in Red Oak
- Heating fuel in Red Oak
- How long people stay in Red Oak
- Oklahoma landlord and tenant rules
- Housing across Latimer County
- Oklahoma places ranked by share of renters
- Housing data for every place in Oklahoma