Laverne, OK
Population 1,050 · Oklahoma
About Laverne, OK
Laverne is a small town located in Oklahoma with a population of 1,050 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,250 per year, which is 25% below the national median of $75,149. The median age of 37.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Laverne features a median home value of $109,400, which is 55% below the national median of $244,900. This makes Laverne one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $850, 27% below the national average of $1,163/month. Of the 590 total housing units, 72% are owner-occupied (276 units) and 28% are renter-occupied (107 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Laverne shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 25.4%, above the national average of 12.4%. Workers in Laverne have an average one-way commute time of 21.3 minutes.
Education & Demographics
40.6% of Laverne residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 30.6% White, 2.0% Hispanic or Latino, 0.0% Black or African American, and 7.6% Asian residents, with 27.6% of the population being foreign-born.
How Laverne Ranks in Oklahoma
Cost of Living in Laverne, OK
Compared to national averages, Laverne has a median household income of $56,250 (25% below the national median of $75,149). Home values average $109,400, which is 55% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Oklahoma, Laverne's income is 0% below the state average of $56,382, and home values are 9% below the state median of $119,992.
Why Live in Laverne, OK?
Laverne offers affordable housing with a median home value of $109,400, below the US average of $244,900, and rent that’s lower than the national average at $850/month, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features a well-educated community where 40.6% of residents hold a bachelor’s degree or higher, and short commute times averaging just 21.3 minutes.
Potential considerations include median household income ($56,250) that falls below the national average. However, Laverne’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Laverne has a population of 1,050 with a median age of 37.3 years. Compare Laverne with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Laverne
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Yale | 1,054 | $38,462 | $84,700 | Compare |
| Apache | 1,062 | $49,022 | $85,400 | Compare |
| Sperry | 1,033 | $44,028 | $104,200 | Compare |
| Mounds | 1,031 | $38,750 | $158,300 | Compare |
| Burneyville | 1,030 | $71,063 | $154,200 | Compare |
| Waukomis | 1,070 | $59,323 | $123,300 | Compare |
| Caddo | 1,075 | $49,250 | $118,100 | Compare |
| Oakland | 1,076 | $57,768 | $84,600 | 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 Laverne With Other Cities
Frequently Asked Questions about Laverne
What is the population of Laverne, OK?
The population of Laverne, OK is 1,050 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 Laverne?
The median household income in Laverne, OK is $56,250 per year, which is 25% below the national median of $75,149.
What is the median home value in Laverne?
The median home value in Laverne, OK is $109,400, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Laverne?
The median monthly rent in Laverne, OK is $850, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Laverne?
The unemployment rate in Laverne, OK is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Laverne, OK a good place to live?
Laverne offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,050 and a median age of 37.3, the city appeals to a broad range of residents.
How educated is Laverne, OK?
40.6% of residents in Laverne 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 Laverne?
Key cost-of-living indicators for Laverne, OK: median home value is $109,400 (55% below national), median rent is $850/month, and median household income is $56,250. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Laverne?
The poverty rate in Laverne, OK is 25.4%, 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 Laverne, OK?
Laverne's population is 30.6% White, 2.0% Hispanic or Latino, 0.0% Black or African American, 7.6% Asian, and 0.0% two or more races. 27.6% of residents are foreign-born.