Beckham County, Oklahoma
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Beckham County Compares
Detailed Income Statistics
Income Advisory: Beckham County
Income Verdict
Beckham County has a median household income of $52,323 and per capita income of $26,675 — a gap of $25,648, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $821/month and a median household income of $52,323, rent consumes approximately 18.8% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $52,323, residents of Beckham County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $26,675 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Beckham County earns approximately 10.2% below the Oklahoma state median household income of $58,273.
Data Story
About Household Income in Beckham County, Oklahoma
Beckham's income lags nationally
Beckham County's median household income of $52,323 is 30% below the U.S. median of $74,755. This gap is consistent with rural western Oklahoma counties facing limited economic diversification.
Below state average for Oklahoma
At $52,323, Beckham's median household income trails Oklahoma's state average of $58,273 by 10%. The county ranks in the lower-middle tier among Oklahoma's 77 counties by household earnings.
Beckham faces affordability pressure
Beckham's $52,323 income is comparable to Atoka ($52,034) and Caddo ($52,817), but notably lags Beaver ($64,266) and Blaine ($59,304). This clustering reflects the economic divide between panhandle and western/southern counties.
Housing costs strain budgets
Beckham's rent-to-income ratio of 18.8% is the highest among these eight counties, indicating housing expenses consume a larger share of household income. Median home values of $153,400 further stress affordability relative to median income.
Strategic planning crucial in Beckham
With median income of $52,323 and elevated housing costs, Beckham families must prioritize budgeting and debt reduction before investing. Focus on building an emergency fund and paying down high-interest debt to free up capital for wealth building.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $52,323 per year
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.