Cost of Living in Kay County, Oklahoma

$830/mo
Median Monthly Rent
$116,800
Median Home Value
2% above state averageUnaffordable

At a Glance

Median Monthly Rent
$830/mo
2% above state average
Median Home Value
$116,800
59% below national
Rent-to-Income Ratio
24.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Kay County Compares

Median monthly rent comparison

Kay County$830/mo
Oklahoma Average$814/mo
National Median$1,163/mo

Detailed Housing Stats

$830/mo
Median Gross Rent
$116,800
Median Home Value
$691/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Kay County, Oklahoma

Kay County rents strain lower-income earners

Kay County's 17.6% rent-to-income ratio is above both Oklahoma's state average of 17.0% and the national benchmark, indicating tighter housing affordability. Though median household income of $56,673 exceeds several neighboring counties, the $830 monthly rent consumes a larger share of earnings than peers.

Kay County above state affordability average

Kay County ranks slightly below Oklahoma's affordability standards with a 17.6% rent-to-income ratio exceeding the 17.0% state average. Median rent of $830/month is the highest among most peer counties in this comparison, straining resident incomes more than the state overall.

Kay County's higher rents in regional view

Kay County's $830 median rent is higher than Jefferson ($588), Johnston ($732), and Jackson ($865) lands between Jackson and Kingfisher, with owner costs at $691/month reflecting the county's steeper affordability challenge. A median home value of $116,800 places it modestly below regional ownership costs.

Kay County's housing consumes earnings

With median income at $56,673, Kay County residents dedicating 17.6% to rent at $830/month face tighter budgets than most peers. Homeowners pay $691/month, representing 14.7% of household income—meaning Kay County residents sacrifice more of their earnings to housing than comparable Oklahoma counties.

Kay County requires careful budget planning

Kay County's housing costs consume a larger share of income than neighboring counties, making it best suited for earners with stable $57,000+ salaries. If you're relocating with limited income flexibility or seeking maximum affordability, consider Jefferson or Jackson County instead.

Affordability Calculator

See how your income compares to housing costs in Kay County

$

Rent Burden

17.6%

of gross income

Max Housing (28% Rule)

$1,322

per month

Owner Cost Burden

14.6%

of gross income

You can likely afford the median home in Kay County

Median home value is $116,800. Estimated monthly cost: $932 vs. your max of $1,322.

Rent Affordability Guide

Your rent-to-income ratio17.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Kay County, Oklahoma?
Kay County, Oklahoma has a median monthly rent of $830/mo and a median home value of $116,800. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Kay County?
The median gross rent in Kay County is $830/mo. This is 2% above state average for Oklahoma.
Is Kay County affordable?
Kay County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Kay County's rent compare to the state average?
Kay County's median rent of $830/mo is 2% above state average of $814/mo for Oklahoma.
What is the median home value in Kay County?
The median home value in Kay County, Oklahoma is $116,800. This is 59% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.