Peggs, OK
Population 949 · Oklahoma
About Peggs, OK
Peggs is a small community located in Oklahoma with a population of 949 residents according to the latest US Census Bureau American Community Survey data. The median household income is $40,859 per year, which is 46% below the national median of $75,149. The median age of 41.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Peggs features a median home value of $67,500, which is 72% below the national median of $244,900. This makes Peggs one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $536, 54% below the national average of $1,163/month. Of the 323 total housing units, 86% are owner-occupied (260 units) and 14% are renter-occupied (41 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Peggs 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 35.3%, above the national average of 12.4%. Workers in Peggs have an average one-way commute time of 28 minutes.
Education & Demographics
14.9% of Peggs 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 0.8% White, 29.1% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 0.7% of the population being foreign-born.
How Peggs Ranks in Oklahoma
Cost of Living in Peggs, OK
Compared to national averages, Peggs has a median household income of $40,859 (46% below the national median of $75,149). Home values average $67,500, which is 72% below the national median. Monthly rent at $536 is 54% below the US average of $1,163. Within Oklahoma, Peggs's income is 28% below the state average of $56,382, and home values are 44% below the state median of $119,992.
Why Live in Peggs, OK?
Peggs offers affordable housing with a median home value of $67,500, below the US average of $244,900, and rent that’s lower than the national average at $536/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($40,859) that falls below the national average. However, Peggs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Peggs has a population of 949 with a median age of 41.6 years. Compare Peggs 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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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Peggs
What is the population of Peggs, OK?
The population of Peggs, OK is 949 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 Peggs?
The median household income in Peggs, OK is $40,859 per year, which is 46% below the national median of $75,149.
What is the median home value in Peggs?
The median home value in Peggs, OK is $67,500, which is 72% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Peggs?
The median monthly rent in Peggs, OK is $536, which is 54% below the national average of $1,163/month.
What is the unemployment rate in Peggs?
The unemployment rate in Peggs, 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 Peggs, OK a good place to live?
Peggs offers a moderate cost of living, affordable housing, and a strong job market. With a population of 949 and a median age of 41.6, the city appeals to a broad range of residents.
How educated is Peggs, OK?
14.9% of residents in Peggs 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 Peggs?
Key cost-of-living indicators for Peggs, OK: median home value is $67,500 (72% below national), median rent is $536/month, and median household income is $40,859. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Peggs?
The poverty rate in Peggs, OK is 35.3%, 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 Peggs, OK?
Peggs's population is 0.8% White, 29.1% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 2.2% two or more races. 0.7% of residents are foreign-born.