Lake Aluma, OK
Population 64 · Oklahoma
About Lake Aluma, OK
Lake Aluma is a small community located in Oklahoma with a population of 64 residents according to the latest US Census Bureau American Community Survey data. The median household income is $250,001 per year, which is 233% above the national median of $75,149. The median age of 69.8 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 Lake Aluma features a median home value of $1,052,100, which is 330% above the national median of $244,900. This places Lake Aluma in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 32 total housing units, 100% are owner-occupied (29 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Aluma shows an unemployment rate of 10.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.3%, above the national average of 12.4%. Workers in Lake Aluma have an average one-way commute time of 19.1 minutes, one of the shorter commutes in the region.
Education & Demographics
77.6% of Lake Aluma residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 4.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.6% of the population being foreign-born.
How Lake Aluma Ranks in Oklahoma
Cost of Living in Lake Aluma, OK
Compared to national averages, Lake Aluma has a median household income of $250,001 (233% above the national median of $75,149). Home values average $1,052,100, which is 330% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Oklahoma, Lake Aluma's income is 343% above the state average of $56,382, and home values are 777% above the state median of $119,992.
Why Live in Lake Aluma, OK?
Lake Aluma offers a strong local economy with a median household income of $250,001, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 77.6% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 19.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,052,100. However, Lake Aluma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Aluma has a population of 64 with a median age of 69.8 years. Compare Lake Aluma 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 Lake Aluma
What is the population of Lake Aluma, OK?
The population of Lake Aluma, OK is 64 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 Lake Aluma?
The median household income in Lake Aluma, OK is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Lake Aluma?
The median home value in Lake Aluma, OK is $1,052,100, which is 330% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Aluma?
The median monthly rent in Lake Aluma, OK is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Aluma?
The unemployment rate in Lake Aluma, OK is 10.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Aluma, OK a good place to live?
Lake Aluma offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 64 and a median age of 69.8, the city appeals to established professionals and retirees.
How educated is Lake Aluma, OK?
77.6% of residents in Lake Aluma aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lake Aluma?
Key cost-of-living indicators for Lake Aluma, OK: median home value is $1,052,100 (330% above national), median rent is $0/month, and median household income is $250,001. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Lake Aluma?
The poverty rate in Lake Aluma, OK is 20.3%, 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 Lake Aluma, OK?
Lake Aluma's population is 0.0% White, 4.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.6% of residents are foreign-born.