Steely Hollow, OK
Population 371 · Oklahoma
About Steely Hollow, OK
Steely Hollow is a small community located in Oklahoma with a population of 371 residents according to the latest US Census Bureau American Community Survey data. The median household income is $105,146 per year, which is 40% above the national median of $75,149. The median age of 53.3 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 Steely Hollow features a median home value of $0, which is 100% below the national median of $244,900. This makes Steely Hollow one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $883, 24% below the national average of $1,163/month. Of the 176 total housing units, 54% are owner-occupied (94 units) and 46% are renter-occupied (79 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Steely Hollow shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Steely Hollow have an average one-way commute time of 25.7 minutes.
Education & Demographics
68.8% of Steely Hollow residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 42.6% Hispanic or Latino, 0.0% Black or African American, and 4.9% Asian residents, with 26.4% of the population being foreign-born.
How Steely Hollow Ranks in Oklahoma
Cost of Living in Steely Hollow, OK
Compared to national averages, Steely Hollow has a median household income of $105,146 (40% above the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $883 is 24% below the US average of $1,163. Within Oklahoma, Steely Hollow's income is 86% above the state average of $56,382, and home values are 100% below the state median of $119,992.
Why Live in Steely Hollow, OK?
Steely Hollow offers a strong local economy with a median household income of $105,146, well above the national average, and affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $883/month. Additionally, the city features a strong job market with an unemployment rate of just 2.1%, and a well-educated community where 68.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.6%, better than the national average.
Steely Hollow has a population of 371 with a median age of 53.3 years. Compare Steely Hollow 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 Steely Hollow
What is the population of Steely Hollow, OK?
The population of Steely Hollow, OK is 371 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 Steely Hollow?
The median household income in Steely Hollow, OK is $105,146 per year, which is 40% above the national median of $75,149.
What is the median home value in Steely Hollow?
The median home value in Steely Hollow, OK is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Steely Hollow?
The median monthly rent in Steely Hollow, OK is $883, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Steely Hollow?
The unemployment rate in Steely Hollow, OK is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Steely Hollow, OK a good place to live?
Steely Hollow offers above-average incomes, affordable housing, and a strong job market. With a population of 371 and a median age of 53.3, the city appeals to established professionals and retirees.
How educated is Steely Hollow, OK?
68.8% of residents in Steely Hollow aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Steely Hollow?
Key cost-of-living indicators for Steely Hollow, OK: median home value is $0 (100% below national), median rent is $883/month, and median household income is $105,146. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Steely Hollow?
The poverty rate in Steely Hollow, OK is 1.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Steely Hollow, OK?
Steely Hollow's population is 0.0% White, 42.6% Hispanic or Latino, 0.0% Black or African American, 4.9% Asian, and 14.3% two or more races. 26.4% of residents are foreign-born.