New Cordell, OK
Population 2,743 · Oklahoma
About New Cordell, OK
New Cordell is a small town located in Oklahoma with a population of 2,743 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,780 per year, which is 6% below the national median of $75,149. The median age of 39.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in New Cordell features a median home value of $102,000, which is 58% below the national median of $244,900. This makes New Cordell one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $748, 36% below the national average of $1,163/month. Of the 1,271 total housing units, 75% are owner-occupied (751 units) and 25% are renter-occupied (251 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Cordell shows an unemployment rate of 4.8%, which is near the national rate of 3.7%. The poverty rate stands at 8.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Cordell have an average one-way commute time of 21.7 minutes.
Education & Demographics
13.7% of New Cordell 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 6.0% White, 2.8% 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 New Cordell, OK
Compared to national averages, New Cordell has a median household income of $70,780 (6% below the national median of $75,149). Home values average $102,000, which is 58% below the national median. Monthly rent at $748 is 36% below the US average of $1,163. Within Oklahoma, New Cordell's income is 26% above the state average of $56,382, and home values are 15% below the state median of $119,992.
Why Live in New Cordell, OK?
New Cordell offers affordable housing with a median home value of $102,000, below the US average of $244,900, and rent that’s lower than the national average at $748/month, and a low poverty rate of 8.1%, better than the national average. Additionally, the city features short commute times averaging just 21.7 minutes.
Potential considerations include median household income ($70,780) that falls below the national average. However, New Cordell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Cordell has a population of 2,743 with a median age of 39.7 years. Compare New Cordell with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near New Cordell
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mangum | 2,759 | $56,875 | $90,200 | Compare |
| Jay | 2,724 | $36,411 | $105,400 | Compare |
| Stroud | 2,771 | $54,519 | $120,000 | Compare |
| Eufaula | 2,783 | $38,594 | $180,300 | Compare |
| Stigler | 2,702 | $40,917 | $135,000 | Compare |
| Fairview | 2,699 | $52,500 | $105,700 | Compare |
| Davis | 2,805 | $53,147 | $111,800 | Compare |
| Longtown | 2,836 | $57,655 | $178,400 | 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 New Cordell With Other Cities
Frequently Asked Questions about New Cordell
What is the population of New Cordell, OK?
The population of New Cordell, OK is 2,743 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 New Cordell?
The median household income in New Cordell, OK is $70,780 per year, which is 6% below the national median of $75,149.
What is the median home value in New Cordell?
The median home value in New Cordell, OK is $102,000, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Cordell?
The median monthly rent in New Cordell, OK is $748, which is 36% below the national average of $1,163/month.
What is the unemployment rate in New Cordell?
The unemployment rate in New Cordell, OK is 4.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is New Cordell, OK a good place to live?
New Cordell offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,743 and a median age of 39.7, the city appeals to a broad range of residents.
How educated is New Cordell, OK?
13.7% of residents in New Cordell 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 New Cordell?
Key cost-of-living indicators for New Cordell, OK: median home value is $102,000 (58% below national), median rent is $748/month, and median household income is $70,780. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Cordell?
The poverty rate in New Cordell, OK is 8.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is New Cordell, OK?
New Cordell's population is 6.0% White, 2.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.0% two or more races. 0.0% of residents are foreign-born.