Wakita, OK
Population 290 · Oklahoma
About Wakita, OK
Wakita is a small community located in Oklahoma with a population of 290 residents according to the latest US Census Bureau American Community Survey data. The median household income is $35,795 per year, which is 52% below the national median of $75,149. The median age of 37.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Wakita features a median home value of $31,700, which is 87% below the national median of $244,900. This makes Wakita one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $611, 47% below the national average of $1,163/month. Of the 158 total housing units, 62% are owner-occupied (48 units) and 38% are renter-occupied (29 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Wakita shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.3%, above the national average of 12.4%. Workers in Wakita have an average one-way commute time of 22.7 minutes.
Education & Demographics
20.3% of Wakita 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 15.5% White, 6.9% Hispanic or Latino, 0.0% Black or African American, and 2.8% Asian residents, with 0.0% of the population being foreign-born.
How Wakita Ranks in Oklahoma
Cost of Living in Wakita, OK
Compared to national averages, Wakita has a median household income of $35,795 (52% below the national median of $75,149). Home values average $31,700, which is 87% below the national median. Monthly rent at $611 is 47% below the US average of $1,163. Within Oklahoma, Wakita's income is 37% below the state average of $56,382, and home values are 74% below the state median of $119,992.
Why Live in Wakita, OK?
Wakita offers affordable housing with a median home value of $31,700, below the US average of $244,900, and rent that’s lower than the national average at $611/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features short commute times averaging just 22.7 minutes.
Potential considerations include median household income ($35,795) that falls below the national average. However, Wakita’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wakita has a population of 290 with a median age of 37.6 years. Compare Wakita with other cities to see how it stacks up, or explore all cities in Oklahoma.
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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 Wakita
What is the population of Wakita, OK?
The population of Wakita, OK is 290 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 Wakita?
The median household income in Wakita, OK is $35,795 per year, which is 52% below the national median of $75,149.
What is the median home value in Wakita?
The median home value in Wakita, OK is $31,700, which is 87% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wakita?
The median monthly rent in Wakita, OK is $611, which is 47% below the national average of $1,163/month.
What is the unemployment rate in Wakita?
The unemployment rate in Wakita, OK is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wakita, OK a good place to live?
Wakita offers a moderate cost of living, affordable housing, and a strong job market. With a population of 290 and a median age of 37.6, the city appeals to a broad range of residents.
How educated is Wakita, OK?
20.3% of residents in Wakita 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 Wakita?
Key cost-of-living indicators for Wakita, OK: median home value is $31,700 (87% below national), median rent is $611/month, and median household income is $35,795. The home-value-to-income ratio is 0.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wakita?
The poverty rate in Wakita, OK is 13.3%, 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 Wakita, OK?
Wakita's population is 15.5% White, 6.9% Hispanic or Latino, 0.0% Black or African American, 2.8% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.