Elk City, OK Profile: Facts & Data

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.

Elk City, OK Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	11,232 (100%)
Population in Households	11,133 (99.1%)
Population in Families	8,591 (76.5%)
Population in Group Quarters¹	99 ( 0.9%)
Population Density	701
Diversity Index²	54


INCOME
Median Household Income	$49,885
Average Household Income	$69,473
% of Income for Mortgage⁴	24%
Per Capita Income	$28,441
Wealth Index⁵	48
Socioeconomic Status Index⁶	Moderate (45.6)

HOUSING
Total HU (Housing Units)	5,976 (100%)
Owner Occupied HU	2,799 (46.8%)
Renter Occupied HU	1,797 (30.1%)
Vacant Housing Units	1,380 (23.1%)
Median Home Value	$191,933
Average Home Value	$216,676
Housing Affordability Index³	102

HOUSEHOLDS
Total Households	4,596
Average Household Size	2.42
Family Households	2,896
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
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.

Elk City, OK - Peer Comparisons by Rank and Percentile

The table below compares Elk City to the other 846 incorporated cities, towns and CDPs in Oklahoma by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.68%	-0.59%
Households	-0.14%	-0.19%
Families		-0.17%
Median Household Income		3.00%
Per Capita Income		3.17%
Owner Occupied HU		-0.27%

Variable Description	Rank	Percentile
Total Population	# 42	95th
Population Density	# 219	74th
Median Household Income	# 595	30th
Housing Affordability Index	# 311	37th
Per Capita Income	# 496	41st
Diversity Index	# 439	48th

Elk City, OK Profile: Facts & Data

Elk City, Oklahoma - Basic Facts

Elk City, OK Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Elk City, OK - Peer Comparisons by Rank and Percentile

Elk City, OK - Most Popular Things to Do

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