Cole, OK
Population 856 · Oklahoma
About Cole, OK
Cole is a small community located in Oklahoma with a population of 856 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,000 per year, which is 9% above the national median of $75,149. The median age of 32.5 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 Cole features a median home value of $233,800, which is 5% below the national median of $244,900. This positions Cole in a moderately priced market relative to the rest of the country. Median monthly rent is $886, 24% below the national average of $1,163/month. Of the 309 total housing units, 91% are owner-occupied (270 units) and 9% are renter-occupied (26 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cole shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cole have an average one-way commute time of 28.7 minutes.
Education & Demographics
31.2% of Cole residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.1% White, 16.0% Hispanic or Latino, 0.0% Black or African American, and 0.7% Asian residents, with 2.7% of the population being foreign-born.
Cost of Living in Cole, OK
Compared to national averages, Cole has a median household income of $82,000 (9% above the national median of $75,149). Home values average $233,800, which is 5% below the national median. Monthly rent at $886 is 24% below the US average of $1,163. Within Oklahoma, Cole's income is 45% above the state average of $56,382, and home values are 95% above the state median of $119,992.
Why Live in Cole, OK?
Cole offers a strong local economy with a median household income of $82,000, well above the national average, and affordable housing with a median home value of $233,800, below the US average of $244,900, and rent that’s lower than the national average at $886/month. Additionally, the city features a strong job market with an unemployment rate of just 2.6%, and a low poverty rate of 8.8%, better than the national average.
Cole has a population of 856 with a median age of 32.5 years. Compare Cole 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 Cole
What is the population of Cole, OK?
The population of Cole, OK is 856 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 Cole?
The median household income in Cole, OK is $82,000 per year, which is 9% above the national median of $75,149.
What is the median home value in Cole?
The median home value in Cole, OK is $233,800, which is 5% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cole?
The median monthly rent in Cole, OK is $886, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Cole?
The unemployment rate in Cole, OK is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cole, OK a good place to live?
Cole offers above-average incomes, affordable housing, and a strong job market. With a population of 856 and a median age of 32.5, the city appeals to young professionals and families.
How educated is Cole, OK?
31.2% of residents in Cole 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 Cole?
Key cost-of-living indicators for Cole, OK: median home value is $233,800 (5% below national), median rent is $886/month, and median household income is $82,000. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cole?
The poverty rate in Cole, OK is 8.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cole, OK?
Cole's population is 1.1% White, 16.0% Hispanic or Latino, 0.0% Black or African American, 0.7% Asian, and 0.0% two or more races. 2.7% of residents are foreign-born.