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Cost of Living in Lawton, OK

Population 90,595 · Census ACS 2020–2024 5-year estimates

Median rent$967
Median home value$142,100
Median household income$54,433

The median rent in Lawton, OK is $967/month, 5% lower than the Oklahoma median and 32% lower than the U.S. median. The median home value is $142,100, 57% lower than the national median. Households earn a median of $54,433 a year, 16% lower than the state median.

Affordability

Rent as a share of median income: 21.3%
Income needed for median rent (30% rule): $38,680/yr
Home price-to-income ratio: 2.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $719/mo

Run your own numbers: mortgage calculator · hourly to salary

Lawton vs. Oklahoma vs. U.S.

LawtonOklahomaU.S.
Median rent$967$1,014$1,413
Median home value$142,100$199,800$332,700
Median household income$54,433$65,039$80,734
Homeownership rate44.8%65.8%65.2%
Bachelor's degree or higher22.5%28.3%35.7%
Poverty rate21.1%15.3%12.5%
Unemployment rate8.1%5.0%5.2%
Work from home12.0%9.4%15.1%
Median age32.337.038.9

FAQ

What is the average rent in Lawton, OK?

The median gross rent in Lawton, OK is $967 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Lawton, OK?

Using the common 30% rule, renting a median-priced home takes about $38,680 a year in gross income.

Is Lawton, OK expensive to live in?

Rent there is 32% lower than the U.S. median, and the median home costs about 2.6 times the median household income.

Other cities in Oklahoma

Oklahoma City, OKRent $1,130 · Income $68,656Tulsa, OKRent $1,052 · Income $59,838Norman, OKRent $1,090 · Income $67,704Broken Arrow, OKRent $1,320 · Income $86,765Edmond, OKRent $1,344 · Income $103,183Moore, OKRent $1,340 · Income $80,420

Cities with a similar cost of living

Rockford, ILRent $985 · Income $54,752Michigan City, INRent $967 · Income $53,089Las Cruces, NMRent $974 · Income $55,422Evansville, INRent $975 · Income $53,387Lansing, MIRent $993 · Income $54,382Clovis, NMRent $988 · Income $54,820

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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