Elk City, OK Profile: Facts & Data

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Elk City, Oklahoma - Basic Facts

The City of Elk City had a population of 11,486 as of July 1, 2023. Elk City ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Oklahoma. See peer rankings below.

The primary coordinate point for Elk City is located at latitude 35.412 and longitude -99.4043 in Beckham County. The formal boundaries for the City of Elk City encompass a land area of 16.23 sq. miles and a water area of 0.22 sq. miles. Beckham County is in the Central time zone (GMT -6).

The City of Elk City has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Oklahoma is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Elk City is located within Elk City Division of Beckham County.


Jump to... (On This Page!)
  1. Elk City 2023 Demographic Data
  2. Growth Rates for Elk City (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Oklahoma Research Tools (Easy Tools & Current Data)
  3. Oklahoma Data Comparison Tool - 2023 Demographics
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Elk City, OK Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 11,486 (100%)
Population in Households 11,388 (99.1%)
Population in Families 9,172 (79.9%)
Population in Group Quarters1 98 ( 0.9%)
Population Density 721
Diversity Index2 54
 
 

INCOME

Median Household Income $48,192
Average Household Income $70,603
% of Income for Mortgage4 22%
Per Capita Income $28,641
Wealth Index5 54
Socioeconomic Status Index6 Low (44.3)
 

HOUSING

Total HU (Housing Units) 5,994 (100%)
Owner Occupied HU 2,959 (49.4%)
Renter Occupied HU 1,698 (28.3%)
Vacant Housing Units 1,337 (22.3%)
Median Home Value $179,545
Average Home Value $203,988
Housing Affordability Index3 110
 

HOUSEHOLDS

Total Households 4,657
Average Household Size 2.45
Family Households 2,995
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.20% -0.32%
Households 0.22% -0.03%
Families   -0.13%
Median Household Income   2.15%
Per Capita Income   2.48%
Owner Occupied HU   0.00%

Elk City, OK - Peer Comparisons by Rank and Percentile

The table below compares Elk City to the other 845 incorporated cities, towns and CDPs in Oklahoma by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 41 95th
Population Density # 213 75th
Median Household Income # 517 39th
Housing Affordability Index # 319 38th
Per Capita Income # 397 53rd
Diversity Index # 423 50th

Additional comparisons and rankings can be made with a VERY EASY TO USE Oklahoma Census Data Comparison Tool.

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