Cost of Living in Craig 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 Craig County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Craig County ranks #762 of 3,142 counties for affordability (top 24%)
Sourced county brief
Craig County Median Owner Costs Below State Unweighted Mean
The median selected monthly owner cost for all owner-occupied units in Craig County was estimated at $635. This figure is $120 below the Oklahoma unweighted county mean of $755. The official GRAPI (ACS B25071), which represents median gross rent as a percentage of household income, was 26.7%, differing from the Oklahoma unweighted county mean of 26.6% by 0.1 percentage points. Median gross rent was $810 per month, positioned below the state unweighted county mean of $839. The median home value in the county was $150,500, while the state unweighted county mean was $152,013. Additionally, median renter-household income was $35,069. These statistics are based on ACS 2020-2024 5-Year Estimates. 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: Craig County
Affordability Verdict
ACS B25071 estimates median gross rent at 26.7% of renter household income in Craig 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 $810 per month; median selected monthly owner costs are $635. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $32,400 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. Craig County's $810 median is 3.5% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Craig County
Rent Burden
18.7%
of gross income
Max Housing (28% Rule)
$1,212
per month
Owner Cost Burden
14.7%
of gross income
You can likely afford the median home in Craig County
Median home value is $150,500. Estimated monthly cost: $1,201 vs. your max of $1,212.
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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