Forest Park, OK Profile: Facts & Data

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Forest Park, Oklahoma - Basic Facts

The Town of Forest Park had a population of 1,052 as of July 1, 2023. Forest Park ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Oklahoma. See peer rankings below.

The primary coordinate point for Forest Park is located at latitude 35.5042 and longitude -97.4462 in Oklahoma County. The formal boundaries for the Town of Forest Park encompass a land area of 1.83 sq. miles and a water area of 0 sq. miles. Oklahoma County is in the Central time zone (GMT -6).

The Town of Forest Park 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 Town of Forest Park is located within Oklahoma City Southeast Division of Oklahoma County.


Jump to... (On This Page!)
  1. Forest Park 2023 Demographic Data
  2. Growth Rates for Forest Park (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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Forest Park, OK Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,052 (100%)
Population in Households 1,052 (100.0%)
Population in Families 867 (82.4%)
Population in Group Quarters1 0
Population Density 574
Diversity Index2 64
 
 

INCOME

Median Household Income $75,438
Average Household Income $93,262
% of Income for Mortgage4 23%
Per Capita Income $39,007
Wealth Index5 106
Socioeconomic Status Index6 Moderate (51.8)
 

HOUSING

Total HU (Housing Units) 476 (100%)
Owner Occupied HU 377 (79.2%)
Renter Occupied HU 63 (13.2%)
Vacant Housing Units 36 ( 7.6%)
Median Home Value $289,527
Average Home Value $348,806
Housing Affordability Index3 107
 

HOUSEHOLDS

Total Households 440
Average Household Size 2.39
Family Households 294
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 0.09% -0.13%
Households 0.00% -0.05%
Families   -0.14%
Median Household Income   1.56%
Per Capita Income   2.52%
Owner Occupied HU   0.11%

Forest Park, OK - Peer Comparisons by Rank and Percentile

The table below compares Forest Park 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 # 216 75th
Population Density # 294 65th
Median Household Income # 83 90th
Housing Affordability Index # 305 36th
Per Capita Income # 96 89th
Diversity Index # 162 81st

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

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