Red Oak, OK
Population 582 · Oklahoma
About Red Oak, OK
Red Oak is a small community located in Oklahoma with a population of 582 residents according to the latest US Census Bureau American Community Survey data. The median household income is $35,676 per year, which is 53% below the national median of $75,149. The median age of 36.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Red Oak features a median home value of $70,000, which is 71% below the national median of $244,900. This makes Red Oak one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $725, 38% below the national average of $1,163/month. Of the 271 total housing units, 71% are owner-occupied (164 units) and 29% are renter-occupied (68 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Red Oak shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 30.6%, above the national average of 12.4%. Workers in Red Oak have an average one-way commute time of 23.5 minutes.
Education & Demographics
12.3% of Red Oak 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 5.8% White, 30.8% 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 Red Oak, OK
Compared to national averages, Red Oak has a median household income of $35,676 (53% below the national median of $75,149). Home values average $70,000, which is 71% below the national median. Monthly rent at $725 is 38% below the US average of $1,163. Within Oklahoma, Red Oak's income is 37% below the state average of $56,382, and home values are 42% below the state median of $119,992.
Why Live in Red Oak, OK?
Red Oak offers affordable housing with a median home value of $70,000, below the US average of $244,900, and rent that’s lower than the national average at $725/month, and a strong job market with an unemployment rate of just 3.0%. Additionally, the city features short commute times averaging just 23.5 minutes.
Potential considerations include median household income ($35,676) that falls below the national average. However, Red Oak’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Red Oak has a population of 582 with a median age of 36.2 years. Compare Red Oak with other cities to see how it stacks up, or explore all cities in Oklahoma.
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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 Red Oak
What is the population of Red Oak, OK?
The population of Red Oak, OK is 582 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 Red Oak?
The median household income in Red Oak, OK is $35,676 per year, which is 53% below the national median of $75,149.
What is the median home value in Red Oak?
The median home value in Red Oak, OK is $70,000, which is 71% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Red Oak?
The median monthly rent in Red Oak, OK is $725, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Red Oak?
The unemployment rate in Red Oak, OK is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Red Oak, OK a good place to live?
Red Oak offers a moderate cost of living, affordable housing, and a strong job market. With a population of 582 and a median age of 36.2, the city appeals to a broad range of residents.
How educated is Red Oak, OK?
12.3% of residents in Red Oak 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 Red Oak?
Key cost-of-living indicators for Red Oak, OK: median home value is $70,000 (71% below national), median rent is $725/month, and median household income is $35,676. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Red Oak?
The poverty rate in Red Oak, OK is 30.6%, 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 Red Oak, OK?
Red Oak's population is 5.8% White, 30.8% 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.