Okfuskee County, OK: borrowing basics and county figures

Getting oriented in Okfuskee County

Roughly 11,278 residents live in Okfuskee County, Oklahoma, 52nd by population among the state's 77 counties and county equivalents. Its 618 square miles average 18 people per square mile, by the 2024 Census Gazetteer. It sits outside every metropolitan statistical area in the July 2023 OMB delineation. The Census Bureau counts 9 places in the county (8 incorporated, 1 census-designated); the largest is Okemah, with about 3,063 residents, or 27% of the county.

The Okfuskee County housing market in figures

Okfuskee County rent at the median: $716 a month, utilities in ($1,014 in Oklahoma). By the Census definition, 35% of Okfuskee County renters are cost-burdened. Median value $115,900; median income $48,363; ratio 2.4. Homeowners 69%, renters 31%.

Household income in Okfuskee County

Okfuskee County households have a median income of $48,363 (ACS 2020 to 2024), which ranks 69th of 77 in Oklahoma.

Some 38% of households here live on less than $35,000 a year; 21% have six-figure incomes. Poverty rate, Okfuskee County: 25.8%; Oklahoma: 15.3%. For a borrower in Okfuskee County, the county median is only context: a lender looks at the income you can document, so pay stubs, benefit letters or tax returns matter more than any average.

Work, industries and travel time in Okfuskee County

The biggest employer of Okfuskee County residents, by industry, is education and health care at 31% of workers, followed by retail trade (10%). Compared with Oklahoma, the county leans toward education and health care (31% against 23%). 3.5% of Okfuskee County's labor force reported being unemployed, averaged across 2020 to 2024. 40% of Okfuskee County workers get to work in under 15 minutes, while 19% need 45 or more. 8.4% of households have no vehicle.

A lender verifies what your own job pays. The county's industry mix tells you about the local economy, not about your application.

Where Okfuskee County differs from the rest of Oklahoma

Out of every Oklahoma county, Okfuskee County is most unusual on these measures.

• The poverty rate: 25.8% in Okfuskee County, the highest of 77 in Oklahoma. Nonprofit credit counseling is free or low cost and worth a call first.
• Okfuskee County ranks 5th highest of 77 Oklahoma counties for households without a vehicle: 8.4%, against 5.6% statewide. Without a car, transit and ride costs belong in the budget before any payment.
• On the share of adults with a bachelor's degree, Okfuskee County sits near the bottom of Oklahoma at 14%, 6th lowest of 77. Lenders weigh income and credit, not schooling.

Okfuskee County and the counties next door

Six nearby counties, 24 to 38 miles away by the straight-line distance between their centers. Creek County leads the group on income ($62,338), McIntosh County trails ($46,281), and Okfuskee County out-earns 2 of the six.

Places inside Okfuskee County

9 Census places fall mainly inside Okfuskee County; the 9 biggest are below. They account for 6,151 residents, leaving about 45% of the county in unincorporated, unnamed areas. Gap between richest and poorest larger place: $16,042, Weleetka over Boley. From Okemah to the smallest crossroads, Okfuskee County residents share this guide.

Age, degrees and coverage in Okfuskee County

In Okfuskee County, 14% of adults have at least a four-year degree (28% in Oklahoma). Uninsured, Okfuskee County: 13.6%; Oklahoma: 12.9%.

Debt-to-income at Okfuskee County's medians

Here is the Okfuskee County median household run through a simple DTI check. Your numbers will differ.

• Monthly gross at the median, Okfuskee County: $4,030
• 18% goes to median rent ($716)
• 43% debt-to-income limit: $1,017 left for all other debt payments

Lenders set their own limits and look beyond the ratio. The DTI calculator uses your figures instead of Okfuskee County's.

Before borrowing in Okfuskee County

Where the Okfuskee County numbers stand out, and why it matters for a loan:

• Health costs. With 14% of the county uninsured, an interest-free hospital payment plan usually beats a loan (medical bills).
• Commuter costs. 19% drive 45 minutes or more. Compare shop financing with a loan, and keep a small repair fund.
• Manufactured homes. 16% of Okfuskee County housing units are mobile homes, and their repairs are often paid with unsecured loans. Get the quote in writing.
• Lower-cost alternatives. In a county with 26% in poverty, nonprofit credit counseling may beat a loan (options).

A Okfuskee County borrower's checklist

Four checks before you sign anything:

• Know the exact dollar figure you need before talking to a lender.
• Collect three written offers and compare APR and total repaid.
• Verify the Oklahoma license before giving out your Social Security number.
• Ask about early-payoff penalties.

Licensing and complaints for Okfuskee County

Okfuskee County borrowers fall under statewide rules, enforced by the Oklahoma State Banking Department. For consumer-credit complaints, Oklahoma residents can also contact the Oklahoma Department of Consumer Credit. Federal complaints: consumerfinance.gov. More on Oklahoma: Oklahoma personal loans.

Other Oklahoma guides

For statewide rules and data, see the Oklahoma guide.

• Oklahoma state guide