Commerce, OK Profile: Facts & Data

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Commerce, Oklahoma - Basic Facts

The City of Commerce had a population of 2,283 as of July 1, 2019. Commerce ranks in the upper quartile for Population Density and 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 Commerce is located at latitude 36.9334 and longitude -94.873 in Ottawa County. The formal boundaries for the City of Commerce encompass a land area of 0.83 sq. miles and a water area of 0 sq. miles. Ottawa County is in the Central time zone (GMT -6). The elevation is 810 feet.

The City of Commerce (GNIS ID: 2410210) 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 Commerce is located within Miami Division of Ottawa County.

Alternate Unofficial Names for Commerce: North Miami.

Jump to... (On This Page!)
  1. Commerce 2019 Demographic Data
  2. Growth Rates for Commerce (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 - 2019 Demographics

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Commerce, OK Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Commerce, OK Housing Affordability Index is 266
State of Oklahoma Housing Affordability Index is 166
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.

WEALTH INDEX

Commerce, OK Wealth Index is 28
State of Oklahoma Wealth Index is 74
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Oklahoma COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 2,283 (100%)
Population in Households 2,217 (97.1%)
Population in Families 1,818 (79.6%)
Population in Group Quarters1 66 ( 2.9%)
Population Density 2,736
Diversity Index2 78
 

INCOME

Median Household Income $29,746
Average Household Income $37,779
Per Capita Income $13,796
Wealth Index4 28

HOUSING

Total Housing Units 968 (100%)
Owner Occupied HU 519 (53.6%)
Renter Occupied HU 295 (30.5%)
Vacant Housing Units 154 (15.9%)
Median Home Value $60,172
Housing Affordability Index3 266
 

HOUSEHOLDS

Total Households 814
Average Household Size 2.72
Family Households 545
Average Family Size 3
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 race 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 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.86% -0.9%
Households -1.03% -1.0%
Families -1.4% -1.09%
Median Household Income   1.03%
Per Capita Income   1.63%

Commerce, OK - Peer Comparisons by Rank and Percentile

The table below compares Commerce to the other 743 incorporated cities, towns and CDPs in Oklahoma by rank and percentile using July 1, 2019 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 # 141 81st
Population Density # 9 99th
Diversity Index # 10 99th
Median Household Income # 713 4th
Per Capita Income # 729 2nd

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

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