Reagan, OK
Population 41 · Oklahoma
About Reagan, OK
Reagan is a small community located in Oklahoma with a population of 41 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 53.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Reagan features a median home value of $112,500, which is 54% below the national median of $244,900. This makes Reagan one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 25 total housing units, 61% are owner-occupied (14 units) and 39% are renter-occupied (9 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Reagan shows an unemployment rate of 15.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Reagan have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
13.3% of Reagan 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 2.4% White, 31.7% 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 Reagan, OK
Compared to national averages, Reagan has a median household income of $0 (100% below the national median of $75,149). Home values average $112,500, which is 54% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Oklahoma, Reagan's income is 100% below the state average of $56,382, and home values are 6% below the state median of $119,992.
Why Live in Reagan, OK?
Reagan offers affordable housing with a median home value of $112,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 9.8%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Reagan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Reagan has a population of 41 with a median age of 53.8 years. Compare Reagan with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Reagan
Cities in Oklahoma with a similar population size.
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.
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Frequently Asked Questions about Reagan
What is the population of Reagan, OK?
The population of Reagan, OK is 41 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 Reagan?
The median household income in Reagan, OK is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Reagan?
The median home value in Reagan, OK is $112,500, which is 54% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Reagan?
The median monthly rent in Reagan, OK is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Reagan?
The unemployment rate in Reagan, OK is 15.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Reagan, OK a good place to live?
Reagan offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 41 and a median age of 53.8, the city appeals to established professionals and retirees.
How educated is Reagan, OK?
13.3% of residents in Reagan 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 Reagan?
Key cost-of-living indicators for Reagan, OK: median home value is $112,500 (54% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Reagan?
The poverty rate in Reagan, OK is 9.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Reagan, OK?
Reagan's population is 2.4% White, 31.7% 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.