Dewey, OK
Population 3,388 · Oklahoma
About Dewey, OK
Dewey is a small town located in Oklahoma with a population of 3,388 residents according to the latest US Census Bureau American Community Survey data. The median household income is $42,940 per year, which is 43% below the national median of $75,149. The median age of 49.3 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 Dewey features a median home value of $117,600, which is 52% below the national median of $244,900. This makes Dewey one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $939, 19% below the national average of $1,163/month. Of the 1,594 total housing units, 60% are owner-occupied (765 units) and 40% are renter-occupied (512 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Dewey shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 26.5%, above the national average of 12.4%. Workers in Dewey have an average one-way commute time of 24.6 minutes.
Education & Demographics
14.1% of Dewey 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 3.5% White, 25.7% Hispanic or Latino, 0.0% Black or African American, and 3.3% Asian residents, with 2.8% of the population being foreign-born.
How Dewey Ranks in Oklahoma
Cost of Living in Dewey, OK
Compared to national averages, Dewey has a median household income of $42,940 (43% below the national median of $75,149). Home values average $117,600, which is 52% below the national median. Monthly rent at $939 is 19% below the US average of $1,163. Within Oklahoma, Dewey's income is 24% below the state average of $56,382, and home values are 2% below the state median of $119,992.
Why Live in Dewey, OK?
Dewey offers affordable housing with a median home value of $117,600, below the US average of $244,900, and rent that’s lower than the national average at $939/month, and a strong job market with an unemployment rate of just 1.6%. Additionally, the city features short commute times averaging just 24.6 minutes.
Potential considerations include median household income ($42,940) that falls below the national average. However, Dewey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Dewey has a population of 3,388 with a median age of 49.3 years. Compare Dewey with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Dewey
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hobart | 3,378 | $28,906 | $63,500 | Compare |
| Frederick | 3,460 | $45,459 | $67,100 | Compare |
| Hominy | 3,299 | $34,928 | $74,800 | Compare |
| Muldrow | 3,292 | $46,667 | $108,700 | Compare |
| Mannford | 3,278 | $59,831 | $165,900 | Compare |
| Nowata | 3,522 | $39,853 | $84,200 | Compare |
| Roland | 3,527 | $50,563 | $130,300 | Compare |
| Perkins | 3,229 | $43,913 | $169,700 | 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 Dewey With Other Cities
Frequently Asked Questions about Dewey
What is the population of Dewey, OK?
The population of Dewey, OK is 3,388 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 Dewey?
The median household income in Dewey, OK is $42,940 per year, which is 43% below the national median of $75,149.
What is the median home value in Dewey?
The median home value in Dewey, OK is $117,600, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Dewey?
The median monthly rent in Dewey, OK is $939, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Dewey?
The unemployment rate in Dewey, OK is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Dewey, OK a good place to live?
Dewey offers a moderate cost of living, affordable housing, and a strong job market. With a population of 3,388 and a median age of 49.3, the city appeals to established professionals and retirees.
How educated is Dewey, OK?
14.1% of residents in Dewey 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 Dewey?
Key cost-of-living indicators for Dewey, OK: median home value is $117,600 (52% below national), median rent is $939/month, and median household income is $42,940. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Dewey?
The poverty rate in Dewey, OK is 26.5%, 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 Dewey, OK?
Dewey's population is 3.5% White, 25.7% Hispanic or Latino, 0.0% Black or African American, 3.3% Asian, and 0.3% two or more races. 2.8% of residents are foreign-born.