Oakwood: Economy & Jobs
Earnings in Oakwood center on a median $-666,666,666, with homes at a median value of $115,600. The surrounding county supports 2,083 jobs (avg $69,326).
Income & Affordability
Median household income $-666,666,666 — below the Oklahoma median ($62,125). Poverty rate 19.2% (U.S. average ~12.5%).
| Irs Income · IRS tax returns filed | $2,070 |
|---|---|
| Irs Income · Total Adjusted Gross Income (thousands) | $127,681 |
| Irs Income · Average AGI per return | $61,682 (vs Oklahoma $74,344) |
| Irs Income · Year | 2022 |
| Income Estimate | $68,997 |
| Median Household Income | $-666,666,666 (vs Oklahoma $62,125) |
| Poverty Rate | 19.2% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.0% — below the U.S. average of ~4%.
| Commuter Profile · Primary Mode | drove alone |
|---|---|
| Commuter Profile · Mean Commute Min | 17.90 |
| Commuter Profile · Profile | moderate commute |
| Employment · Avg annual employment (county) | 2,083 |
| Employment · Total annual wages (county) | $144,393,933 |
| Employment · Average annual pay | $69,326 |
| 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 | 2.0% (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 | 645 |
|---|---|
| Agriculture · Land In Farms Acres | 569,913 |
| Agriculture · Avg Farm Size Acres | 883.60 |
| Agriculture · Top Commodities | Animal Totals, Cattle, Crop Totals, Grain, Wheat |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 171 |
| Business Patterns · Total Employees | 1,316 |
| Business Patterns · Annual Payroll Thousands | 85,209 |
| 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 | 4 |
|---|---|
| Local Businesses · Gas Stations | 7 |
| Local Businesses · Commercial Banks | 6 |
| Local Businesses · Insurance Agencies | 5 |
| Local Businesses · Full Service Restaurants | 3 |
| Local Businesses · Fast Food | 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 | 3 |
|---|---|
| Dining Scene · Fast Food | 3 |
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 (7)
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)
| Nearest Snap · Name | Domino 102 |
|---|---|
| Nearest Snap · Distance | 11.8 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 · 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 | $73,135,921 |
|---|---|
| Federal Spending · Per Capita | 16,310.42 (vs Oklahoma $7,371) |
| Federal Spending · Population | 4,484 people (vs Oklahoma 63,420) |
Sources: USAspending API
Other
| Pct Drove Alone | 83.3% |
|---|---|
| Retirement Score · Median age | 69.0 years (vs Oklahoma 35.2y) |
| Retirement Score · Ss Household Pct | 84.6% |
| Retirement Score · Hospitals Nearby | 1 |
| Retirement Score · Factors | older population, strong SS base, hospital access |
| Retirement Score · Rating | good |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12