Hennessey, OK
Population 2,603 · Oklahoma
About Hennessey, OK
Hennessey is a small town located in Oklahoma with a population of 2,603 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,185 per year, which is 28% below the national median of $75,149. The median age of 33.7 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 Hennessey features a median home value of $165,900, which is 32% below the national median of $244,900. This positions Hennessey in a moderately priced market relative to the rest of the country. Median monthly rent is $907, 22% below the national average of $1,163/month. Of the 1,134 total housing units, 64% are owner-occupied (583 units) and 36% are renter-occupied (328 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Hennessey 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 15.0%, above the national average of 12.4%. Workers in Hennessey have an average one-way commute time of 17.7 minutes, one of the shorter commutes in the region.
Education & Demographics
19.1% of Hennessey 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 39.2% White, 2.2% Hispanic or Latino, 0.0% Black or African American, and 2.7% Asian residents, with 16.5% of the population being foreign-born.
Cost of Living in Hennessey, OK
Compared to national averages, Hennessey has a median household income of $54,185 (28% below the national median of $75,149). Home values average $165,900, which is 32% below the national median. Monthly rent at $907 is 22% below the US average of $1,163. Within Oklahoma, Hennessey's income is 4% below the state average of $56,382, and home values are 38% above the state median of $119,992.
Why Live in Hennessey, OK?
Hennessey offers affordable housing with a median home value of $165,900, below the US average of $244,900, and rent that’s lower than the national average at $907/month, and a strong job market with an unemployment rate of just 3.2%. Additionally, the city features short commute times averaging just 17.7 minutes.
Potential considerations include median household income ($54,185) that falls below the national average. However, Hennessey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hennessey has a population of 2,603 with a median age of 33.7 years. Compare Hennessey with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Hennessey
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Watonga | 2,633 | $50,765 | $101,900 | Compare |
| Healdton | 2,635 | $50,338 | $58,800 | Compare |
| Nicoma Park | 2,512 | $66,250 | $145,400 | Compare |
| Fairview | 2,699 | $52,500 | $105,700 | Compare |
| Stigler | 2,702 | $40,917 | $135,000 | Compare |
| Jay | 2,724 | $36,411 | $105,400 | Compare |
| New Cordell | 2,743 | $70,780 | $102,000 | Compare |
| Mangum | 2,759 | $56,875 | $90,200 | 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 Hennessey With Other Cities
Frequently Asked Questions about Hennessey
What is the population of Hennessey, OK?
The population of Hennessey, OK is 2,603 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 Hennessey?
The median household income in Hennessey, OK is $54,185 per year, which is 28% below the national median of $75,149.
What is the median home value in Hennessey?
The median home value in Hennessey, OK is $165,900, which is 32% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hennessey?
The median monthly rent in Hennessey, OK is $907, which is 22% below the national average of $1,163/month.
What is the unemployment rate in Hennessey?
The unemployment rate in Hennessey, 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 Hennessey, OK a good place to live?
Hennessey offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,603 and a median age of 33.7, the city appeals to young professionals and families.
How educated is Hennessey, OK?
19.1% of residents in Hennessey 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 Hennessey?
Key cost-of-living indicators for Hennessey, OK: median home value is $165,900 (32% below national), median rent is $907/month, and median household income is $54,185. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hennessey?
The poverty rate in Hennessey, OK is 15.0%, 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 Hennessey, OK?
Hennessey's population is 39.2% White, 2.2% Hispanic or Latino, 0.0% Black or African American, 2.7% Asian, and 0.0% two or more races. 16.5% of residents are foreign-born.