Grandfield, OK
Population 944 · Oklahoma
About Grandfield, OK
Grandfield is a small community located in Oklahoma with a population of 944 residents according to the latest US Census Bureau American Community Survey data. The median household income is $31,648 per year, which is 58% below the national median of $75,149. The median age of 39.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Grandfield features a median home value of $49,000, which is 80% below the national median of $244,900. This makes Grandfield one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $438, 62% below the national average of $1,163/month. Of the 513 total housing units, 70% are owner-occupied (279 units) and 30% are renter-occupied (118 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grandfield shows an unemployment rate of 10.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.2%, above the national average of 12.4%. Workers in Grandfield have an average one-way commute time of 23.8 minutes.
Education & Demographics
11.2% of Grandfield 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 24.0% White, 12.9% Hispanic or Latino, 0.4% Black or African American, and 4.4% Asian residents, with 8.3% of the population being foreign-born.
How Grandfield Ranks in Oklahoma
Cost of Living in Grandfield, OK
Compared to national averages, Grandfield has a median household income of $31,648 (58% below the national median of $75,149). Home values average $49,000, which is 80% below the national median. Monthly rent at $438 is 62% below the US average of $1,163. Within Oklahoma, Grandfield's income is 44% below the state average of $56,382, and home values are 59% below the state median of $119,992.
Why Live in Grandfield, OK?
Grandfield offers affordable housing with a median home value of $49,000, below the US average of $244,900, and rent that’s lower than the national average at $438/month, and short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($31,648) that falls below the national average. However, Grandfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grandfield has a population of 944 with a median age of 39.7 years. Compare Grandfield 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 Grandfield
What is the population of Grandfield, OK?
The population of Grandfield, OK is 944 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 Grandfield?
The median household income in Grandfield, OK is $31,648 per year, which is 58% below the national median of $75,149.
What is the median home value in Grandfield?
The median home value in Grandfield, OK is $49,000, which is 80% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grandfield?
The median monthly rent in Grandfield, OK is $438, which is 62% below the national average of $1,163/month.
What is the unemployment rate in Grandfield?
The unemployment rate in Grandfield, OK is 10.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Grandfield, OK a good place to live?
Grandfield offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 944 and a median age of 39.7, the city appeals to a broad range of residents.
How educated is Grandfield, OK?
11.2% of residents in Grandfield 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 Grandfield?
Key cost-of-living indicators for Grandfield, OK: median home value is $49,000 (80% below national), median rent is $438/month, and median household income is $31,648. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grandfield?
The poverty rate in Grandfield, OK is 18.2%, 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 Grandfield, OK?
Grandfield's population is 24.0% White, 12.9% Hispanic or Latino, 0.4% Black or African American, 4.4% Asian, and 3.9% two or more races. 8.3% of residents are foreign-born.