Cost of Living in Love 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 Love County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Love County ranks #1,649 of 3,142 counties for affordability (bottom 48%)
Sourced county brief
Renter Median Income in Love County Is $50,114
Love County reports a renter-household median income of $50,114, based on the U.S. Census Bureau ACS 2020-2024 5-Year Estimates. The official GRAPI, defined as the median gross rent as a percentage of household income, is 23.2%, which is 3.4 percentage points lower than the Oklahoma unweighted county mean official GRAPI of 26.6%. The median gross rent in the county is $939 per month, exceeding the state unweighted county mean of $839. For those in owner-occupied units, the median selected monthly owner costs are $781, compared to the state unweighted mean of $755. The median home value in Love County was estimated at $171,000, while the state unweighted county mean is $152,013. This summary utilizes reported medians to characterize the financial snapshot of the county's housing landscape. 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: Love County
Affordability Verdict
ACS B25071 estimates median gross rent at 23.2% of renter household income in Love 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 $939 per month; median selected monthly owner costs are $781. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $37,560 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. Love County's $939 median is 11.9% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Love County
Rent Burden
16.9%
of gross income
Max Housing (28% Rule)
$1,554
per month
Owner Cost Burden
14.1%
of gross income
You can likely afford the median home in Love County
Median home value is $171,000. Estimated monthly cost: $1,365 vs. your max of $1,554.
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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