Gracemont: Economy & Jobs
Median household income in Gracemont is $60,000 (1.1× higher than Caddo County median $55,353; 1.1× below Oklahoma median $65,039), with homes at a median value of $-666,666,666. The surrounding county supports 7,115 jobs (avg $49,805).
- $54,015 avg taxable income per return — similar than the median household income (vs Oklahoma $74,344).
Income & Affordability
Median household income $60,000 — near the Oklahoma median ($62,125). Poverty rate 19.3% (U.S. average ~12.5%). 20% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Home Price To Income | 1.0× |
|---|---|
| Affordability · Home Affordability | affordable |
| Affordability · Rent Pct Income | 13.0% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 20.0% |
| Affordability · Poverty Rate | 19.3% |
| Affordability · Property Tax Pct Income | 0.3% |
| Irs Income · IRS tax returns filed | $10,150 |
| Irs Income · Total Adjusted Gross Income (thousands) | $548,248 |
| Irs Income · Average AGI per return | $54,015 (vs Oklahoma $74,344) |
| Irs Income · Year | 2022 |
| Income Estimate | $41,307 |
| Median Household Income | $60,000 (vs Oklahoma $62,125) |
| Poverty Rate | 19.3% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | mixed |
|---|---|
| Economic Character · Top Industry | Public Admin |
| Economic Character · Income Level | middle-class |
| Economic Character · Median Income | $60,000 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 20.3% — above the U.S. average of ~4%. 4% work from home (U.S. average ~15%).
| Commuter Profile · Work From Home Pct | 4.1% |
|---|---|
| Commuter Profile · Primary Mode | drove alone |
| Employment · Avg annual employment (county) | 7,115 |
| Employment · Total annual wages (county) | $354,372,207 |
| Employment · Average annual pay | $49,805 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 1,664,310 |
| Unemployment Rate | 20.3% (vs Oklahoma 3.1%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 1,156 |
|---|---|
| Agriculture · Land In Farms Acres | 1,116 |
| Agriculture · Avg Farm Size Acres | 1.00 |
| Agriculture · Top Commodities | Sod, Animal Totals, Crop Totals, Cattle, Hogs |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 421 |
| Business Patterns · Total Employees | 4,104 |
| Business Patterns · Annual Payroll Thousands | 170,125 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 5 |
|---|---|
| Local Businesses · Convenience Stores | 3 |
| Local Businesses · Liquor Stores | 5 |
| Local Businesses · Gas Stations | 19 |
| Local Businesses · General Merchandise | 11 |
| Local Businesses · Used Car Dealers | 3 |
| Local Businesses · Auto Repair | 4 |
| Local Businesses · Funeral Homes | 3 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 17 |
|---|---|
| Dining Scene · Fast Food | 14 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (1)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (1)
| Nearest Snap · Name | Caddo Travel Plaza Gracemont |
|---|---|
| Nearest Snap · Total In Area | 1 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | INOLA AREA CHAMBER OF COMMERCE |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $229,748,567 |
|---|---|
| Federal Spending · Per Capita | 8,526.58 (vs Oklahoma $7,371) |
| Federal Spending · Population | 26,945 people (vs Oklahoma 63,420) |
Sources: USAspending API
Other
| Pct Drove Alone | 71.4% |
|---|---|
| Pct Public Transit | 6.1% |
| Pct Walked | 4.1% |
| Retirement Score · Median age | 33.9 years (vs Oklahoma 35.2y) |
| Retirement Score · Ss Household Pct | 27.9% |
| Retirement Score · Hospitals Nearby | 2 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | hospital access, VA nearby |
| Retirement Score · Rating | fair |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12