Grand Lake Towne, OK
Population 249 · Oklahoma
About Grand Lake Towne, OK
Grand Lake Towne is a small community located in Oklahoma with a population of 249 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 71.8 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 Grand Lake Towne features a median home value of $274,300, which is 12% above the national median of $244,900. This positions Grand Lake Towne in a moderately priced market relative to the rest of the country. Median monthly rent is $1,125, 3% below the national average of $1,163/month. Of the 90 total housing units, 90% are owner-occupied (56 units) and 10% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grand Lake Towne shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 45.4%, above the national average of 12.4%. Workers in Grand Lake Towne have an average one-way commute time of 32.1 minutes.
Education & Demographics
6.8% of Grand Lake Towne 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 2.0% White, 5.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.2% of the population being foreign-born.
Cost of Living in Grand Lake Towne, OK
Compared to national averages, Grand Lake Towne has a median household income of $0 (100% below the national median of $75,149). Home values average $274,300, which is 12% above the national median. Monthly rent at $1,125 is 3% below the US average of $1,163. Within Oklahoma, Grand Lake Towne's income is 100% below the state average of $56,382, and home values are 129% above the state median of $119,992.
Why Live in Grand Lake Towne, OK?
Grand Lake Towne offers rent that’s lower than the national average at $1,125/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($0) that falls below the national average. However, Grand Lake Towne’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grand Lake Towne has a population of 249 with a median age of 71.8 years. Compare Grand Lake Towne 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 Grand Lake Towne
What is the population of Grand Lake Towne, OK?
The population of Grand Lake Towne, OK is 249 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 Grand Lake Towne?
The median household income in Grand Lake Towne, OK is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Grand Lake Towne?
The median home value in Grand Lake Towne, OK is $274,300, which is 12% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grand Lake Towne?
The median monthly rent in Grand Lake Towne, OK is $1,125, which is 3% below the national average of $1,163/month.
What is the unemployment rate in Grand Lake Towne?
The unemployment rate in Grand Lake Towne, OK is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grand Lake Towne, OK a good place to live?
Grand Lake Towne offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 249 and a median age of 71.8, the city appeals to established professionals and retirees.
How educated is Grand Lake Towne, OK?
6.8% of residents in Grand Lake Towne 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 Grand Lake Towne?
Key cost-of-living indicators for Grand Lake Towne, OK: median home value is $274,300 (12% above national), median rent is $1,125/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Grand Lake Towne?
The poverty rate in Grand Lake Towne, OK is 45.4%, 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 Grand Lake Towne, OK?
Grand Lake Towne's population is 2.0% White, 5.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.2% of residents are foreign-born.