ZIP Code 73542 -- Frederick, OK

Tillman | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 1.9x, housing here is relatively affordable compared to the recommended 3-5x benchmark.

Quick Overview

Population
4,092
Unknown
Median Income
$49,734
Home Value
$96,300
Median Rent
$762
Median Age
38.50
Diversity Index
69.40
High
Cost of Living
46.0
significantly below average
Unemployment
6.7%

About ZIP Code 73542

ZIP code 73542 in Frederick, Oklahoma is a unknown area with a population of 4,092. The median household income is $49,734, which is This is 34% below the national median of $75,000.. The median home value is $96,300, representing a price-to-income ratio of 1.9x . The cost of living is significantly below average with an index of 46.0 (the national average is 100). Residents have a median age of 38.50 years. Approximately 17.6% of adults hold a bachelor's degree or higher. This ZIP code is located in Tillman, OK.

Population & Age

Total Population
4,092
Median Age
38.50
Male Population
2,008
49.1%
Female Population
2,084
50.9%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
69.40 High
White
61.8%
Black or African American
9.1%
Hispanic or Latino
30.2%
Asian
0.5%
Native American
2.3%
Pacific Islander
0.0%
Two or More Races
16.8%
Other Race
9.5%

Racial Composition

Income & Economy

Median Household Income
$49,734
Mean Household Income
$66,971
Per Capita Income
$26,762
Below Poverty Line
23.0%

This is 34% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$96,300
Median Rent
$762
Total Housing Units
2,236
Occupied Units
1,535
Vacant Units
701
31.4% vacancy
Median Year Built
1964
Owner Occupied
70.6%
Renter Occupied
29.5%
Price-to-Income Ratio 1.9x

Affordable housing market

Ownership vs Rental

Owner 70.6% Renter 29.5%

Education

High School Diploma or Higher 79.5%
Bachelor's Degree or Higher 17.6%
Graduate or Professional Degree 4.8%

Employment & Commuting

Civilian Labor Force
1,724
Employment Rate
93.3%
Unemployment Rate
6.7%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
76.0%
Carpool
9.0%
Public Transit
0.6%
Work from Home
4.5%

Cost of Living Index

46.0
significantly below average

The cost of living in ZIP code 73542 is 54.0% below the national average of 100.

0 National Avg (100) 200

Compare 73542 with:

Compare 73542 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Tillman

ZIP Code City Population Median Income
73546 Grandfield 1,127 $33,846
73570 Tipton 970 $66,528
73530 Davidson 340 $43,036
73555 Manitou 239 $66,250
73553 Loveland 19 $48,750
73551 Hollister 11 N/A

Frequently Asked Questions about ZIP Code 73542

ZIP code 73542 (Frederick, OK) has a total population of 4,092 according to the 2024 American Community Survey. The median age is 38.50 years.

The median household income in ZIP code 73542 is $49,734 per year, based on 2024 Census Bureau data. This is 34% below the national median of $75,000.

ZIP code 73542 is primarily located in Frederick, Oklahoma (OK). It falls within Tillman County.

The median home value in ZIP code 73542 is $96,300, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $762.

The median age in ZIP code 73542 is 38.50 years, compared to the national median of 38.9 years. This makes the area younger than the national average.

ZIP code 73542 has a cost of living index of 46.04 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 73542, 17.63% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 4.82% hold a graduate or professional degree.

The unemployment rate in ZIP code 73542 is 6.67%, which is above the national average of 3.6%. About 4.49% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.