Leonard, OK
Population 194 · Oklahoma
About Leonard, OK
Leonard is a small community located in Oklahoma with a population of 194 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,583 per year, which is 47% below the national median of $75,149. The median age of 41.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Leonard features a median home value of $312,800, which is 28% above the national median of $244,900. This positions Leonard in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 91 total housing units, 90% are owner-occupied (82 units) and 10% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Leonard shows an unemployment rate of 25.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Leonard have an average one-way commute time of 34.2 minutes.
Education & Demographics
20.3% of Leonard 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 0.0% White, 21.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Leonard, OK
Compared to national averages, Leonard has a median household income of $39,583 (47% below the national median of $75,149). Home values average $312,800, which is 28% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Oklahoma, Leonard's income is 30% below the state average of $56,382, and home values are 161% above the state median of $119,992.
Why Live in Leonard, OK?
Leonard offers rent that’s lower than the national average at $0/month, and a low poverty rate of 0.0%, better than the national average.
Potential considerations include median household income ($39,583) that falls below the national average. However, Leonard’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Leonard has a population of 194 with a median age of 41.4 years. Compare Leonard 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 Leonard
What is the population of Leonard, OK?
The population of Leonard, OK is 194 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 Leonard?
The median household income in Leonard, OK is $39,583 per year, which is 47% below the national median of $75,149.
What is the median home value in Leonard?
The median home value in Leonard, OK is $312,800, which is 28% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Leonard?
The median monthly rent in Leonard, OK is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Leonard?
The unemployment rate in Leonard, OK is 25.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Leonard, OK a good place to live?
Leonard offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 194 and a median age of 41.4, the city appeals to a broad range of residents.
How educated is Leonard, OK?
20.3% of residents in Leonard 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 Leonard?
Key cost-of-living indicators for Leonard, OK: median home value is $312,800 (28% above national), median rent is $0/month, and median household income is $39,583. The home-value-to-income ratio is 7.9x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Leonard?
The poverty rate in Leonard, OK is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Leonard, OK?
Leonard's population is 0.0% White, 21.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.