Cost of Living in Caddo County, Oklahoma
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Caddo County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Caddo County ranks #404 of 3,142 counties for affordability (top 13%)
Sourced county brief
Caddo County Median Owner Costs Estimated at $592
In Caddo County, Oklahoma, the median selected monthly owner cost for all owner-occupied units was estimated at $592 per month during the 2020-2024 ACS 5-year period. This cost is $163 below the Oklahoma state unweighted county mean of $755. The county's official median gross rent as a percentage of household income (GRAPI) is 24.0%, which is 2.6 percentage points lower than the state unweighted county mean official GRAPI of 26.6%. The median gross rent in the county was recorded at $734 per month, compared to a state unweighted county mean of $839. Median home values were estimated at $115,700, which is $36,313 lower than the state unweighted county mean of $152,013. The median renter-household income for the period was $36,783. These figures provide a reproducible snapshot of the housing landscape in Caddo County. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Caddo County
Affordability Verdict
ACS B25071 estimates median gross rent at 24.0% of renter household income in Caddo County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $734 per month; median selected monthly owner costs are $592. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $29,360 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Oklahoma unweighted mean of county median rents is $839 per month. Caddo County's $734 median is 12.5% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Caddo County
Rent Burden
15.9%
of gross income
Max Housing (28% Rule)
$1,292
per month
Owner Cost Burden
12.8%
of gross income
You can likely afford the median home in Caddo County
Median home value is $115,700. Estimated monthly cost: $924 vs. your max of $1,292.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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