Indianola, OK
Population 158 · Oklahoma
About Indianola, OK
Indianola is a small community located in Oklahoma with a population of 158 residents according to the latest US Census Bureau American Community Survey data. The median household income is $38,333 per year, which is 49% below the national median of $75,149. The median age of 29.3 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 Indianola features a median home value of $80,000, which is 67% below the national median of $244,900. This makes Indianola one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 65 total housing units, 90% are owner-occupied (54 units) and 10% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Indianola shows an unemployment rate of 10.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 26.6%, above the national average of 12.4%. Workers in Indianola have an average one-way commute time of 23.8 minutes.
Education & Demographics
8.1% of Indianola 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 0.6% White, 26.6% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Indianola, OK
Compared to national averages, Indianola has a median household income of $38,333 (49% below the national median of $75,149). Home values average $80,000, which is 67% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Oklahoma, Indianola's income is 32% below the state average of $56,382, and home values are 33% below the state median of $119,992.
Why Live in Indianola, OK?
Indianola offers affordable housing with a median home value of $80,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($38,333) that falls below the national average. However, Indianola’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Indianola has a population of 158 with a median age of 29.3 years. Compare Indianola 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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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Indianola
What is the population of Indianola, OK?
The population of Indianola, OK is 158 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 Indianola?
The median household income in Indianola, OK is $38,333 per year, which is 49% below the national median of $75,149.
What is the median home value in Indianola?
The median home value in Indianola, OK is $80,000, which is 67% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Indianola?
The median monthly rent in Indianola, OK is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Indianola?
The unemployment rate in Indianola, OK is 10.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Indianola, OK a good place to live?
Indianola offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 158 and a median age of 29.3, the city appeals to young professionals and families.
How educated is Indianola, OK?
8.1% of residents in Indianola 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 Indianola?
Key cost-of-living indicators for Indianola, OK: median home value is $80,000 (67% below national), median rent is $0/month, and median household income is $38,333. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Indianola?
The poverty rate in Indianola, OK is 26.6%, 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 Indianola, OK?
Indianola's population is 0.6% White, 26.6% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.0% two or more races. 0.6% of residents are foreign-born.