Canute, OK
Population 588 · Oklahoma
About Canute, OK
Canute is a small community located in Oklahoma with a population of 588 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,714 per year, which is 19% below the national median of $75,149. The median age of 36 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Canute features a median home value of $110,000, which is 55% below the national median of $244,900. This makes Canute one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 230 total housing units, 83% are owner-occupied (154 units) and 17% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Canute shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 20.9%, above the national average of 12.4%. Workers in Canute have an average one-way commute time of 19.5 minutes, one of the shorter commutes in the region.
Education & Demographics
16.9% of Canute 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 15.5% White, 3.1% Hispanic or Latino, 0.0% Black or African American, and 4.8% Asian residents, with 3.7% of the population being foreign-born.
Cost of Living in Canute, OK
Compared to national averages, Canute has a median household income of $60,714 (19% below the national median of $75,149). Home values average $110,000, which is 55% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Oklahoma, Canute's income is 8% above the state average of $56,382, and home values are 8% below the state median of $119,992.
Why Live in Canute, OK?
Canute offers affordable housing with a median home value of $110,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 19.5 minutes.
Potential considerations include median household income ($60,714) that falls below the national average. However, Canute’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Canute has a population of 588 with a median age of 36 years. Compare Canute with other cities to see how it stacks up, or explore all cities in Oklahoma.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Canute
What is the population of Canute, OK?
The population of Canute, OK is 588 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Oklahoma.
What is the median household income in Canute?
The median household income in Canute, OK is $60,714 per year, which is 19% below the national median of $75,149.
What is the median home value in Canute?
The median home value in Canute, OK is $110,000, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Canute?
The median monthly rent in Canute, OK is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Canute?
The unemployment rate in Canute, OK is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Canute, OK a good place to live?
Canute offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 588 and a median age of 36, the city appeals to a broad range of residents.
How educated is Canute, OK?
16.9% of residents in Canute 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 Canute?
Key cost-of-living indicators for Canute, OK: median home value is $110,000 (55% below national), median rent is $0/month, and median household income is $60,714. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Canute?
The poverty rate in Canute, OK is 20.9%, 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 Canute, OK?
Canute's population is 15.5% White, 3.1% Hispanic or Latino, 0.0% Black or African American, 4.8% Asian, and 0.0% two or more races. 3.7% of residents are foreign-born.