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Devol: Economy & Jobs

Median household income in Devol is $37,115 (1.6× below Cotton County median $58,425; 1.8× below Oklahoma median $65,039), with homes at a median value of $84,200. The surrounding county supports 1,914 jobs (avg $44,637).

Income & Affordability

Median household income $37,115 — below the Oklahoma median ($62,125). Poverty rate 50.0% (U.S. average ~12.5%).

Affordability · Home Price To Income2.3×
Affordability · Home Affordabilityaffordable
Affordability · Poverty Rate50.0%
Affordability · Property Tax Pct Income1.8%
Irs Income · IRS tax returns filed$2,380
Irs Income · Total Adjusted Gross Income (thousands)$117,736
Irs Income · Average AGI per return$49,469 (vs Oklahoma $74,344)
Irs Income · Year2022
Income Estimate$68,727
Median Household Income$37,115 (vs Oklahoma $62,125) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate50.0%

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 · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelworking-class
Economic Character · Median Income$37,115

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 15.6% — above the U.S. average of ~4%.

Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)1,914
Employment · Total annual wages (county)$85,450,646
Employment · Average annual pay$44,637
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment1,664,310
Unemployment Rate15.6% (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 Farms316
Agriculture · Land In Farms Acres784
Agriculture · Avg Farm Size Acres2.50
Agriculture · Top CommoditiesAnimal Totals, Cattle, Crop Totals, Grain, Wheat
Agriculture · Year2022
Business Patterns · Establishments (employer count)81
Business Patterns · Total Employees1,265
Business Patterns · Annual Payroll Thousands55,437
Business Patterns · Year2022

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 · Gas Stations3
Local Businesses · Insurance Agencies4
Local Businesses · Child Day Care3
Local Businesses · Full Service Restaurants3

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 Restaurants3

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 (2)

First State Bank in Temple
First State Bank in Temple · 111 South Commercial · 73568
Walters Bank and Trust Company
Walters Bank and Trust Company · 201 N Broadway St · 73572

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 (3)

DOLLAR GENERAL 4511
Other · 405 E Missouri St
Family Dollar 13134
Other · 220 W Missouri St
Walters Hometown Grocery
Supermarket · 502 S 7th St
Nearest Snap · NameWalters Hometown Grocery
Nearest Snap · Distance5.3 mi

Sources: USDA SNAP — nearest by coordinates

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 · NameINOLA 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$33,360,536
Federal Spending · Per Capita6,035.92 (vs Oklahoma $7,371)
Federal Spending · Population5,527 people (vs Oklahoma 63,420)

Sources: USAspending API

Other

Pct Drove Alone69.5%
Pct Public Transit3.4%
Retirement Score · Median age31.9 years (vs Oklahoma 35.2y)
Retirement Score · Ss Household Pct29.5%
Retirement Score · Va AccessYes
Retirement Score · FactorsVA nearby
Retirement Score · Ratinglimited

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12