Eldorado, OK
Population 393 · Oklahoma
About Eldorado, OK
Eldorado is a small community located in Oklahoma with a population of 393 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,833 per year, which is 32% below the national median of $75,149. The median age of 27.3 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 Eldorado features a median home value of $32,700, which is 87% below the national median of $244,900. This makes Eldorado one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $482, 59% below the national average of $1,163/month. Of the 213 total housing units, 86% are owner-occupied (110 units) and 14% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Eldorado shows an unemployment rate of 1.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 34.1%, above the national average of 12.4%. Workers in Eldorado have an average one-way commute time of 20.5 minutes.
Education & Demographics
11.3% of Eldorado 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 27.5% White, 6.9% Hispanic or Latino, 0.0% Black or African American, and 5.3% Asian residents, with 13.2% of the population being foreign-born.
How Eldorado Ranks in Oklahoma
Cost of Living in Eldorado, OK
Compared to national averages, Eldorado has a median household income of $50,833 (32% below the national median of $75,149). Home values average $32,700, which is 87% below the national median. Monthly rent at $482 is 59% below the US average of $1,163. Within Oklahoma, Eldorado's income is 10% below the state average of $56,382, and home values are 73% below the state median of $119,992.
Why Live in Eldorado, OK?
Eldorado offers affordable housing with a median home value of $32,700, below the US average of $244,900, and rent that’s lower than the national average at $482/month, and a strong job market with an unemployment rate of just 1.1%. Additionally, the city features short commute times averaging just 20.5 minutes.
Potential considerations include median household income ($50,833) that falls below the national average. However, Eldorado’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eldorado has a population of 393 with a median age of 27.3 years. Compare Eldorado with other cities to see how it stacks up, or explore all cities in Oklahoma.
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Cities in Oklahoma with a similar population size.
Demographics
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Economy & Education
Housing
Other Cities in Oklahoma
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Eldorado
What is the population of Eldorado, OK?
The population of Eldorado, OK is 393 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 Eldorado?
The median household income in Eldorado, OK is $50,833 per year, which is 32% below the national median of $75,149.
What is the median home value in Eldorado?
The median home value in Eldorado, OK is $32,700, which is 87% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Eldorado?
The median monthly rent in Eldorado, OK is $482, which is 59% below the national average of $1,163/month.
What is the unemployment rate in Eldorado?
The unemployment rate in Eldorado, OK is 1.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Eldorado, OK a good place to live?
Eldorado offers a moderate cost of living, affordable housing, and a strong job market. With a population of 393 and a median age of 27.3, the city appeals to young professionals and families.
How educated is Eldorado, OK?
11.3% of residents in Eldorado 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 Eldorado?
Key cost-of-living indicators for Eldorado, OK: median home value is $32,700 (87% below national), median rent is $482/month, and median household income is $50,833. The home-value-to-income ratio is 0.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Eldorado?
The poverty rate in Eldorado, OK is 34.1%, 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 Eldorado, OK?
Eldorado's population is 27.5% White, 6.9% Hispanic or Latino, 0.0% Black or African American, 5.3% Asian, and 1.3% two or more races. 13.2% of residents are foreign-born.