Lane, OK
Population 322 · Oklahoma
About Lane, OK
Lane is a small community located in Oklahoma with a population of 322 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,938 per year, which is 6% below the national median of $75,149. The median age of 56.5 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 Lane features a median home value of $86,900, which is 65% below the national median of $244,900. This makes Lane one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $744, 36% below the national average of $1,163/month. Of the 210 total housing units, 86% are owner-occupied (136 units) and 14% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lane 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 12.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lane have an average one-way commute time of 15.2 minutes, one of the shorter commutes in the region.
Education & Demographics
16.0% of Lane 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 4.7% White, 23.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Lane, OK
Compared to national averages, Lane has a median household income of $70,938 (6% below the national median of $75,149). Home values average $86,900, which is 65% below the national median. Monthly rent at $744 is 36% below the US average of $1,163. Within Oklahoma, Lane's income is 26% above the state average of $56,382, and home values are 28% below the state median of $119,992.
Why Live in Lane, OK?
Lane offers affordable housing with a median home value of $86,900, below the US average of $244,900, and rent that’s lower than the national average at $744/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 12.1%, better than the national average, and short commute times averaging just 15.2 minutes.
Potential considerations include median household income ($70,938) that falls below the national average. However, Lane’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lane has a population of 322 with a median age of 56.5 years. Compare Lane 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 Lane
What is the population of Lane, OK?
The population of Lane, OK is 322 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 Lane?
The median household income in Lane, OK is $70,938 per year, which is 6% below the national median of $75,149.
What is the median home value in Lane?
The median home value in Lane, OK is $86,900, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lane?
The median monthly rent in Lane, OK is $744, which is 36% below the national average of $1,163/month.
What is the unemployment rate in Lane?
The unemployment rate in Lane, 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 Lane, OK a good place to live?
Lane offers a moderate cost of living, affordable housing, and a strong job market. With a population of 322 and a median age of 56.5, the city appeals to established professionals and retirees.
How educated is Lane, OK?
16.0% of residents in Lane 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 Lane?
Key cost-of-living indicators for Lane, OK: median home value is $86,900 (65% below national), median rent is $744/month, and median household income is $70,938. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lane?
The poverty rate in Lane, OK is 12.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lane, OK?
Lane's population is 4.7% White, 23.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.5% of residents are foreign-born.