Love County, Oklahoma
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Love County Compares
Detailed Income Statistics
Income Advisory: Love County
Income Verdict
Love County has a median household income of $62,940 and per capita income of $31,136 — a gap of $31,804, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $903/month and a median household income of $62,940, rent consumes approximately 17.2% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $62,940, residents of Love County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $31,136 is in line with national norms for individual earners.
Neighbor Context
Love County earns approximately 8% above the Oklahoma state median household income of $58,273, positioning it favorably within the state.
Data Story
About Household Income in Love County, Oklahoma
Love falls short of national median
Love County's median household income of $62,940 trails the U.S. median by $11,815, placing it in the lower-middle range nationally. This 16% gap is consistent with rural Oklahoma's economic position.
Above-average for Oklahoma
Love ranks above Oklahoma's median with household income $4,667 higher than the state average of $58,273. Its per capita income of $31,136 modestly outpaces the state's $30,609, reflecting moderate earning strength.
Middle tier among region
Love's $62,940 falls between Lincoln ($59,425) and Major ($69,229), making it a solid mid-range earner in the area. It outpaces Marshall County ($56,495) but lags Logan ($82,735) and McClain ($84,778).
Rent costs creep higher here
At 17.2%, Love's rent-to-income ratio approaches the upper edge of affordability, suggesting tighter budgets for renters. With median home values at $167,500, homeownership remains within reach but requires careful financial planning.
Strategic saving builds security
Love County residents should prioritize building emergency reserves given moderately tight affordability ratios. Explore employer retirement benefits, low-cost index funds, and gradual home equity building to strengthen financial foundations.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Love County median
County median: $62,940 per year
vs. County Median
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vs. State Average
+8%
vs. National Median
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Income Adequacy
Your monthly income ($5,245) vs. median rent ($903/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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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.