Frederick, OK
Population 3,460 · Oklahoma
About Frederick, OK
Frederick is a small town located in Oklahoma with a population of 3,460 residents according to the latest US Census Bureau American Community Survey data. The median household income is $45,459 per year, which is 40% below the national median of $75,149. The median age of 36.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Frederick features a median home value of $67,100, which is 73% below the national median of $244,900. This makes Frederick one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $703, 40% below the national average of $1,163/month. Of the 1,912 total housing units, 75% are owner-occupied (980 units) and 25% are renter-occupied (334 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Frederick shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 18.8%, above the national average of 12.4%. Workers in Frederick have an average one-way commute time of 22.9 minutes.
Education & Demographics
15.4% of Frederick 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 30.9% White, 5.5% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 3.8% of the population being foreign-born.
Cost of Living in Frederick, OK
Compared to national averages, Frederick has a median household income of $45,459 (40% below the national median of $75,149). Home values average $67,100, which is 73% below the national median. Monthly rent at $703 is 40% below the US average of $1,163. Within Oklahoma, Frederick's income is 19% below the state average of $56,382, and home values are 44% below the state median of $119,992.
Why Live in Frederick, OK?
Frederick offers affordable housing with a median home value of $67,100, below the US average of $244,900, and rent that’s lower than the national average at $703/month, and a strong job market with an unemployment rate of just 3.2%. Additionally, the city features short commute times averaging just 22.9 minutes.
Potential considerations include median household income ($45,459) that falls below the national average. However, Frederick’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Frederick has a population of 3,460 with a median age of 36.4 years. Compare Frederick with other cities to see how it stacks up, or explore all cities in Oklahoma.
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Demographics
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Economy & Education
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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 Frederick
What is the population of Frederick, OK?
The population of Frederick, OK is 3,460 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 Frederick?
The median household income in Frederick, OK is $45,459 per year, which is 40% below the national median of $75,149.
What is the median home value in Frederick?
The median home value in Frederick, OK is $67,100, which is 73% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Frederick?
The median monthly rent in Frederick, OK is $703, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Frederick?
The unemployment rate in Frederick, OK is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Frederick, OK a good place to live?
Frederick offers a moderate cost of living, affordable housing, and a strong job market. With a population of 3,460 and a median age of 36.4, the city appeals to a broad range of residents.
How educated is Frederick, OK?
15.4% of residents in Frederick 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 Frederick?
Key cost-of-living indicators for Frederick, OK: median home value is $67,100 (73% below national), median rent is $703/month, and median household income is $45,459. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Frederick?
The poverty rate in Frederick, OK is 18.8%, 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 Frederick, OK?
Frederick's population is 30.9% White, 5.5% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 10.0% two or more races. 3.8% of residents are foreign-born.