1st Advantage MortgageIn Grant County, Oklahoma, the typical household earns $60,758 a year and the typical rent is $853. A loan makes sense only if its total cost beats your alternatives and the payment fits your budget. Check the lender's Oklahoma license first.
On this page
- Grant County, OK: the basics
- How much Grant County households make
- The Grant County job picture
- Renting and owning in Grant County
- Cities, towns and CDPs in Grant County
- Neighboring counties at a glance
- Budget math at the Grant County median
- Grant County households compared
- Reading the Grant County data as a borrower
- Oklahoma rules that apply in Grant County
- Before you sign
- More guides for Grant County
- Frequently asked questions
Grant County, OK: the basics
Roughly 4,131 residents live in Grant County, Oklahoma, 72nd by population among the state's 77 counties and county equivalents. Spread over 1,001 square miles, that works out to roughly 4.1 residents per square mile. Under the July 2023 OMB definitions, Grant County is not part of any metropolitan area. Medford is the biggest of its 9 Census places, at roughly 1,016 people (25% of the county total). Because Grant County is small, the survey's margins of error are wide; treat the numbers as approximate.
How much Grant County households make
At $60,758, the typical Grant County household income is 7% below the median U.S. county ($65,681). That places it 34th among Oklahoma's 77 county-level areas.
| Yearly household income | Grant County | Gap to Oklahoma |
|---|---|---|
| Under $35,000 | 31.0% | +4.7 pts |
| $35,000 to $99,999 | 40.8% | -2.4 pts |
| $100,000 to $199,999 | 22.8% | -0.5 pts |
| $200,000 or more | 5.5% | -1.8 pts |
The spread is wide: 28% of Grant County households make $100,000 or more, and 31% make less than $35,000. The poverty rate is 17.5%, 2 points higher than the state's 15.3%. Income inequality, measured by the Gini index, comes to 0.456 here. None of these numbers decides a Grant County application. Lenders weigh your own documented income against your own debts.
The Grant County job picture
Education and health care employs 21% of working residents, the largest share; transportation, warehousing and utilities is next with 12%. Compared with Oklahoma, the county leans toward agriculture, forestry and mining (11% against 4%). ACS puts five-year average unemployment at 4.3% in Grant County. Long commutes are common here: 16% of workers spend 45 minutes or longer getting to work. 3.9% of households have no vehicle.
| Industry | Share of Grant County workers | vs Oklahoma |
|---|---|---|
| Education and health care | 21.3% | -2.0 pts |
| Transportation, warehousing and utilities | 11.8% | +5.7 pts |
| Agriculture, forestry and mining | 11.3% | +7.6 pts |
| Retail trade | 9.3% | -2.5 pts |
| Public administration | 8.5% | +2.2 pts |
| Finance, insurance and real estate | 7.0% | +1.5 pts |
Where long drives are the norm, a car repair is one of the most common surprise bills. A small repair fund can keep a breakdown from turning into a loan.
Renting and owning in Grant County
A typical Grant County rental runs $853 a month including utilities, which is 16% below Oklahoma. Rent takes 30% or more of income for 25% of renter households here. Home values center on $105,700, or 1.7 years of median income. The ownership rate is 76%. The median home was built in 1967, so roofs, wiring and heating systems are a common source of repair bills.
| Measure | Grant County | Oklahoma | Median U.S. county |
|---|---|---|---|
| Median gross rent | $853/mo | $1,014/mo | $877/mo |
| Median home value | $105,700 | $199,800 | $185,300 |
| Owners | 76% | 66% | 75% |
| Rent-burdened renters | 25% | 46% | 45% |
| Burdened owners | 14% | 24% | n/a |
| Mobile homes | 7.6% | 8.2% | n/a |
In an owner-heavy county like Grant County, many borrowers can also choose a home equity loan or line of credit. Those can price lower but put the house on the line, so compare the two in writing; our personal loan vs. HELOC guide walks through it.
Cities, towns and CDPs in Grant County
Here are the 9 most populous of the county's 9 Census places, with income and rent from the same 2020 to 2024 survey. About 71% of Grant County residents live in one of the 9. This guide covers each of the 9 places and the rural areas around them.
| Town or CDP | Type | People | Median household income | Median gross rent | Miles from center |
|---|---|---|---|---|---|
| Medford | city | 1,016 | $48,942 | $828 | 3 mi |
| Pond Creek | city | 855 | $55,804 | $1,058 | 8 mi |
| Wakita | town | 339 | $35,769 | $442 | 10 mi |
| Lamont | town | 308 | $78,750 | $950 | 14 mi |
| Nash | town | 218 | $43,929 | n/a | 17 mi |
| Manchester | town | 143 | $90,446 | n/a | 20 mi |
| Renfrow | town | 40 | $78,438 | n/a | 12 mi |
| Deer Creek | town | 22 | $56,000 | n/a | 15 mi |
| Jefferson | town | 7 | n/a | n/a | 5 mi |
Neighboring counties at a glance
Nearest neighbors first, measured between county centers (28 to 41 miles). Income ranges from $53,488 in Harper County to $66,365 in Noble County; 4 of these neighbors top Grant County's median. Some neighbors are in Kansas. Lender licensing is state by state, so a loan for a Grant County resident follows Oklahoma rules.
| County | Miles | Median household income | Median rent | Homeownership |
|---|---|---|---|---|
| Grant County | - | $60,758 | $853/mo | 76% |
| Garfield County, OK | 28 mi | $66,182 | $919/mo | 66% |
| Alfalfa County, OK | 30 mi | $64,615 | $705/mo | 78% |
| Harper County, KS | 32 mi | $53,488 | $690/mo | 75% |
| Sumner County, KS | 35 mi | $63,951 | $825/mo | 75% |
| Kay County, OK | 36 mi | $58,423 | $842/mo | 69% |
| Noble County, OK | 41 mi | $66,365 | $826/mo | 78% |
Budget math at the Grant County median
Grant County at the medians, through a lender's eyes (what DTI means):
- $60,758 a year is $5,063 of gross monthly income
- Housing at the median rent of $853 uses 17%
- With a 43% ceiling, about $1,324 remains for car, card, student and any new loan payments
Lenders set their own limits and look beyond the ratio. The DTI calculator uses your figures instead of Grant County's.
Grant County households compared
College graduates make up 23% of the adult population. The uninsured rate is 9.9%, against 12.9% for Oklahoma.
| Indicator | Grant County | All of Oklahoma | U.S. county median |
|---|---|---|---|
| Median age | 43.2 | 37.0 | 41.5 |
| Bachelor's or higher | 23.1% | 28.3% | 22.2% |
| No high school diploma | 8.5% | 10.6% | n/a |
| No health insurance | 9.9% | 12.9% | 7.8% |
| No vehicle | 3.9% | 5.6% | 5.4% |
| Work from home | 8.6% | 9.4% | 8.7% |
| Poverty rate | 17.5% | 15.3% | 13.2% |
| Unemployment (ACS) | 4.3% | 5.0% | 4.4% |
| One-way commute | Share of Grant County workers |
|---|---|
| Under 15 min | 35.7% |
| 15 to 29 min | 25.3% |
| 30 to 44 min | 23.0% |
| 45 to 59 min | 7.1% |
| 60+ min | 8.8% |
Reading the Grant County data as a borrower
A few patterns in the Grant County data, and the practical point behind each:
- Check your file. An error fixed before you apply can change the offers a Grant County borrower sees (free reports).
- Advance-fee offers. No legitimate lender asks a Grant County borrower to pay first (scam signs).
- Consolidating cards in Grant County. Compare the total repaid, not the monthly figure (how).
Oklahoma rules that apply in Grant County
Licensing happens at the state level, so a lender working with Grant County borrowers answers to the Oklahoma State Banking Department. Consumer lending in Oklahoma is also overseen by the Oklahoma Department of Consumer Credit. The Consumer Financial Protection Bureau accepts complaints nationwide. The Oklahoma guide covers state rules in more detail.
Before you sign
Before you apply, wherever you live in Grant County:
- Borrow the amount the job needs; extra cash adds interest.
- Compare the total repaid on every offer, not just the payment.
- Verify the Oklahoma license before giving out your Social Security number.
- Confirm the first due date before setting up autopay.
More guides for Grant County
For statewide rules and data, see the Oklahoma guide.
Frequently asked questions
Is Grant County a high-income county?
Its $60,758 median ranks 34th of 77 Oklahoma counties and compares with $65,681 for the median U.S. county.
How much is rent in Grant County?
Median gross rent, utilities included, is $853 a month; 25% of renters spend 30% or more of income on it.
What are the biggest places in Grant County?
By population: Medford, Pond Creek, Wakita, Lamont, Nash. The county has 9 Census places in all.
Are Grant County applicants treated differently?
No. Everyone answers the same questions and is screened on the same objective points; lending partners set their own criteria under fair-lending laws.
Is there a Grant County office that licenses lenders?
No, licensing is statewide. In Oklahoma it is the Oklahoma State Banking Department.