Mustang, OK
Population 21,290 · Oklahoma
About Mustang, OK
Mustang is a mid-sized city located in Oklahoma with a population of 21,290 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,262 per year, which is 17% above the national median of $75,149. The median age of 39.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Mustang features a median home value of $227,800, which is 7% below the national median of $244,900. This positions Mustang in a moderately priced market relative to the rest of the country. Median monthly rent is $1,243, 7% above the national average of $1,163/month. Of the 8,097 total housing units, 78% are owner-occupied (5,938 units) and 22% are renter-occupied (1,715 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mustang shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 7.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mustang have an average one-way commute time of 28 minutes.
Education & Demographics
25.4% of Mustang 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 8.3% White, 7.2% Hispanic or Latino, 0.6% Black or African American, and 2.4% Asian residents, with 3.8% of the population being foreign-born.
How Mustang Ranks in Oklahoma
Cost of Living in Mustang, OK
Compared to national averages, Mustang has a median household income of $88,262 (17% above the national median of $75,149). Home values average $227,800, which is 7% below the national median. Monthly rent at $1,243 is 7% above the US average of $1,163. Within Oklahoma, Mustang's income is 57% above the state average of $56,382, and home values are 90% above the state median of $119,992.
Why Live in Mustang, OK?
Mustang offers a strong local economy with a median household income of $88,262, well above the national average, and affordable housing with a median home value of $227,800, below the US average of $244,900, and a low poverty rate of 7.1%, better than the national average.
Mustang has a population of 21,290 with a median age of 39.3 years. Compare Mustang with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Mustang
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Del City | 21,561 | $48,895 | $112,800 | Compare |
| Bethany | 20,606 | $55,063 | $161,500 | Compare |
| Sapulpa | 22,268 | $61,644 | $158,300 | Compare |
| Sand Springs | 19,973 | $73,400 | $186,700 | Compare |
| Claremore | 19,921 | $57,120 | $172,500 | Compare |
| Duncan | 22,872 | $57,020 | $125,800 | Compare |
| Durant | 19,209 | $44,753 | $155,800 | Compare |
| Altus | 18,670 | $55,550 | $124,800 | 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 Mustang With Other Cities
Frequently Asked Questions about Mustang
What is the population of Mustang, OK?
The population of Mustang, OK is 21,290 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Oklahoma.
What is the median household income in Mustang?
The median household income in Mustang, OK is $88,262 per year, which is 17% above the national median of $75,149.
What is the median home value in Mustang?
The median home value in Mustang, OK is $227,800, which is 7% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mustang?
The median monthly rent in Mustang, OK is $1,243, which is 7% above the national average of $1,163/month.
What is the unemployment rate in Mustang?
The unemployment rate in Mustang, OK is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mustang, OK a good place to live?
Mustang offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 21,290 and a median age of 39.3, the city appeals to a broad range of residents.
How educated is Mustang, OK?
25.4% of residents in Mustang 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 Mustang?
Key cost-of-living indicators for Mustang, OK: median home value is $227,800 (7% below national), median rent is $1,243/month, and median household income is $88,262. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mustang?
The poverty rate in Mustang, OK is 7.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mustang, OK?
Mustang's population is 8.3% White, 7.2% Hispanic or Latino, 0.6% Black or African American, 2.4% Asian, and 3.2% two or more races. 3.8% of residents are foreign-born.