Cost of Living in Woodward County, Oklahoma
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Woodward County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Woodward County, Oklahoma
Woodward stays slightly below national burden
Woodward County's rent-to-income ratio of 15.6% is below the implicit national standard, offering renters reasonable affordability. Though the median household income of $65,060 trails the national median of $74,755, housing costs remain proportionally manageable.
Well-positioned among Oklahoma counties
At 15.6%, Woodward County's rent-to-income ratio sits below Oklahoma's state average of 17.0%, ranking among the state's more affordable markets. The median rent of $847 is modestly above the state median of $814, but incomes and overall costs align favorably.
Woodward ties for regional affordability leadership
Woodward County's 15.6% rent-to-income ratio is second-best in the region, trailing only Washita (15.0%) and beating Washington (17.7%), Wagoner (16.1%), and Woods (19.1%). It offers a strong middle ground between Washita's rock-bottom costs and the more challenged markets.
Balanced costs for renters and buyers alike
Median gross rent is $847 monthly, while homeowners average $873—nearly identical affordability for both groups. With a median household income of $65,060 annually ($5,421 monthly), housing consumes roughly 15.6% of earnings, one of the better ratios in the region.
Woodward balances affordability with stability
Woodward County offers strong value for relocators seeking both affordability and stability, with median home values near $178,000 and competitive rent-to-income ratios. If Washita feels too remote or you prefer larger towns, Woodward delivers comparable affordability with likely better amenities and employment options.
Affordability Calculator
See how your income compares to housing costs in Woodward County
Rent Burden
15.6%
of gross income
Max Housing (28% Rule)
$1,518
per month
Owner Cost Burden
16.1%
of gross income
You can likely afford the median home in Woodward County
Median home value is $178,000. Estimated monthly cost: $1,421 vs. your max of $1,518.
Rent Affordability Guide
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.