Cedar Lake, OK
Population 378 · Oklahoma
About Cedar Lake, OK
Cedar Lake is a small community located in Oklahoma with a population of 378 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,083 per year, which is 51% below the national median of $75,149. The median age of 53.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Cedar Lake features a median home value of $77,000, which is 69% below the national median of $244,900. This makes Cedar Lake one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $744, 36% below the national average of $1,163/month. Of the 383 total housing units, 82% are owner-occupied (122 units) and 18% are renter-occupied (26 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cedar Lake shows an unemployment rate of 10.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.8%, above the national average of 12.4%. Workers in Cedar Lake have an average one-way commute time of 45.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
12.1% of Cedar Lake 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 5.3% White, 4.5% Hispanic or Latino, 0.0% Black or African American, and 1.6% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Cedar Lake, OK
Compared to national averages, Cedar Lake has a median household income of $37,083 (51% below the national median of $75,149). Home values average $77,000, which is 69% below the national median. Monthly rent at $744 is 36% below the US average of $1,163. Within Oklahoma, Cedar Lake's income is 34% below the state average of $56,382, and home values are 36% below the state median of $119,992.
Why Live in Cedar Lake, OK?
Cedar Lake offers affordable housing with a median home value of $77,000, below the US average of $244,900, and rent that’s lower than the national average at $744/month.
Potential considerations include median household income ($37,083) that falls below the national average. However, Cedar Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cedar Lake has a population of 378 with a median age of 53.6 years. Compare Cedar Lake 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 Cedar Lake
What is the population of Cedar Lake, OK?
The population of Cedar Lake, OK is 378 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 Cedar Lake?
The median household income in Cedar Lake, OK is $37,083 per year, which is 51% below the national median of $75,149.
What is the median home value in Cedar Lake?
The median home value in Cedar Lake, OK is $77,000, which is 69% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cedar Lake?
The median monthly rent in Cedar Lake, OK is $744, which is 36% below the national average of $1,163/month.
What is the unemployment rate in Cedar Lake?
The unemployment rate in Cedar Lake, OK is 10.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cedar Lake, OK a good place to live?
Cedar Lake offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 378 and a median age of 53.6, the city appeals to established professionals and retirees.
How educated is Cedar Lake, OK?
12.1% of residents in Cedar Lake 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 Cedar Lake?
Key cost-of-living indicators for Cedar Lake, OK: median home value is $77,000 (69% below national), median rent is $744/month, and median household income is $37,083. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cedar Lake?
The poverty rate in Cedar Lake, OK is 20.8%, 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 Cedar Lake, OK?
Cedar Lake's population is 5.3% White, 4.5% Hispanic or Latino, 0.0% Black or African American, 1.6% Asian, and 0.0% two or more races. 0.8% of residents are foreign-born.