Cost of Living in Grady County, Oklahoma
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Grady County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Grady County ranks #2,575 of 3,144 counties for affordability (bottom 18%)
Data Story
About Cost of Living in Grady County, Oklahoma
Grady's affordability shines nationally
Grady County boasts a rent-to-income ratio of just 13.8%—well below the national average of 17.0%—giving renters genuine breathing room in their budgets. With a median household income of $75,730, Grady actually exceeds the national median of $74,755, creating a rare affordability advantage in rural Oklahoma.
Oklahoma's most affordable county explored
Grady County's 13.8% rent-to-income ratio ranks among the best in Oklahoma, significantly outpacing the state average of 17.0%. The combination of strong local incomes and moderate rents of $874 positions Grady as a standout for affordability seekers within the state.
Higher income, lower burden than peers
Grady County's $75,730 median income substantially exceeds neighboring Garvin County ($57,127) and Grant County ($61,824), while its $874 rent remains competitive. This income advantage translates to the lowest rent-to-income ratio in its regional cluster, making it the clear affordability winner.
Renters and owners both benefit here
Grady County renters pay $874 monthly on $75,730 annual incomes (13.8% burden), while homeowners allocate $919 monthly to ownership (14.5% of income). Median home values of $187,900 remain relatively modest, and the strong income base supports both rental and ownership pathways.
Grady offers rare rural affordability sweet spot
Remote workers and families seeking rural living with above-average affordability should seriously consider Grady County, where incomes exceed national benchmarks and rent burdens stay manageable. You'll find both rental flexibility and ownership opportunity here at costs well below national and regional peers.
Cost of Living Advisory: Grady County
Affordability Verdict
Grady County offers affordable rental housing at a median of $874/month — about 13.8% of the typical household income here.
Rent vs. Own
Renters in Grady County pay $874/month on average, compared to $919/month for homeowners. This market favors renters by about 5%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,960/year. For owner costs at the 28% rule, the required income is roughly $39,386/year. With a median household income of $75,730, most households can comfortably afford rent here. Notably, 23.0% of renter households in Grady County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Beckham County where rent averages $821/month, Grady County is approximately 6% more expensive.
Affordability Calculator
See how your income compares to housing costs in Grady County
Rent Burden
13.8%
of gross income
Max Housing (28% Rule)
$1,767
per month
Owner Cost Burden
14.6%
of gross income
You can likely afford the median home in Grady County
Median home value is $187,900. Estimated monthly cost: $1,500 vs. your max of $1,767.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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