Arkoma, OK
Population 2,001 · Oklahoma
About Arkoma, OK
Arkoma is a small town located in Oklahoma with a population of 2,001 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,236 per year, which is 48% below the national median of $75,149. The median age of 34.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Arkoma features a median home value of $67,300, which is 73% below the national median of $244,900. This makes Arkoma one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $677, 42% below the national average of $1,163/month. Of the 813 total housing units, 60% are owner-occupied (431 units) and 40% are renter-occupied (288 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Arkoma shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 27.5%, above the national average of 12.4%. Workers in Arkoma have an average one-way commute time of 16.3 minutes, one of the shorter commutes in the region.
Education & Demographics
10.0% of Arkoma residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 3.4% White, 12.0% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Arkoma, OK
Compared to national averages, Arkoma has a median household income of $39,236 (48% below the national median of $75,149). Home values average $67,300, which is 73% below the national median. Monthly rent at $677 is 42% below the US average of $1,163. Within Oklahoma, Arkoma's income is 30% below the state average of $56,382, and home values are 44% below the state median of $119,992.
Why Live in Arkoma, OK?
Arkoma offers affordable housing with a median home value of $67,300, below the US average of $244,900, and rent that’s lower than the national average at $677/month, and short commute times averaging just 16.3 minutes.
Potential considerations include median household income ($39,236) that falls below the national average. However, Arkoma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Arkoma has a population of 2,001 with a median age of 34.5 years. Compare Arkoma with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Arkoma
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lexington | 2,002 | $46,094 | $84,500 | Compare |
| Prague | 1,999 | $46,944 | $115,600 | Compare |
| Chouteau | 2,005 | $51,081 | $171,900 | Compare |
| Newkirk | 2,024 | $53,125 | $99,000 | Compare |
| Krebs | 2,031 | $48,452 | $102,800 | Compare |
| Oakhurst | 1,970 | $61,500 | $147,700 | Compare |
| Burns Flat | 1,954 | $41,974 | $105,100 | Compare |
| Coalgate | 1,919 | $37,716 | $83,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oklahoma
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Arkoma With Other Cities
Frequently Asked Questions about Arkoma
What is the population of Arkoma, OK?
The population of Arkoma, OK is 2,001 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Oklahoma.
What is the median household income in Arkoma?
The median household income in Arkoma, OK is $39,236 per year, which is 48% below the national median of $75,149.
What is the median home value in Arkoma?
The median home value in Arkoma, OK is $67,300, which is 73% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Arkoma?
The median monthly rent in Arkoma, OK is $677, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Arkoma?
The unemployment rate in Arkoma, OK is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Arkoma, OK a good place to live?
Arkoma offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,001 and a median age of 34.5, the city appeals to young professionals and families.
How educated is Arkoma, OK?
10.0% of residents in Arkoma aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Arkoma?
Key cost-of-living indicators for Arkoma, OK: median home value is $67,300 (73% below national), median rent is $677/month, and median household income is $39,236. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Arkoma?
The poverty rate in Arkoma, OK is 27.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Arkoma, OK?
Arkoma's population is 3.4% White, 12.0% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 0.5% two or more races. 0.7% of residents are foreign-born.