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Hastings: Economy & Jobs

Households in Hastings earn a median $42,813 (1.1× below Jefferson County median $48,668; 1.5× below Oklahoma median $65,039), with homes at a median value of $70,000. The surrounding county supports 964 jobs (avg $37,825).

Income & Affordability

Median household income $42,813 — below the Oklahoma median ($62,125). Poverty rate 12.9% (U.S. average ~12.5%).

Affordability · Price To Income Ratio1.6×
Affordability · AffordableYes
Affordability · Interpretationvery affordable
Irs Income · IRS tax returns filed$2,210
Irs Income · Total Adjusted Gross Income (thousands)$105,579
Irs Income · Average AGI per return$47,773 (vs Oklahoma $74,344)
Irs Income · Year2022
Income Estimate$52,702
Median Household Income$42,813 (vs Oklahoma $62,125) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate12.9%

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 · Workforceblue_collar
Economic Character · Top IndustryConstruction
Economic Character · Income Levelworking-class
Economic Character · Median Income$42,813

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.8% — below the U.S. average of ~4%.

Commuter Profile · Primary Modedrove alone
Commuter Profile · Mean Commute Min25.70
Commuter Profile · Profilemoderate commute
Employment · Avg annual employment (county)964
Employment · Total annual wages (county)$36,450,957
Employment · Average annual pay$37,825
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 Rate1.8% (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 Farms24
Agriculture · Land In Farms Acres484,918
Agriculture · Avg Farm Size Acres20,204.90
Agriculture · Top CommoditiesAnimal Totals, Cattle, Crop Totals, Grain, Wheat
Agriculture · Year2022
Business Patterns · Establishments (employer count)98
Business Patterns · Total Employees871
Business Patterns · Annual Payroll Thousands35,391
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 · General Merchandise4
Local Businesses · Commercial Banks5
Local Businesses · Insurance Agencies3
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 (5)

First National Bank and Trust Company of Ardmore
125 WEST MAIN STREET BRANCH · 125 West Main Street · 73456
First Summit Bank
First Summit Bank · 527 Washington Street · 73565
The First Farmers National Bank of Waurika
The First Farmers National Bank of Waurika · 319 E D Ave · 73573
Peoples Bank and Trust Company
Peoples Bank and Trust Company · 517 Washington Street · 73565
First Bank & Trust Co.
THE WAURIKA NATIONAL BANK BRANCH · 101 N Main St · 73573

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)

Fortress of Faith Adventures
Farmers and Markets · 198601 N 2700 Rd
Nearest Snap · NameFortress of Faith Adventures
Nearest Snap · Total In Area1

Sources: USDA SNAP API — state+city name match

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$45,231,123
Federal Spending · Per Capita8,475.01 (vs Oklahoma $7,371)
Federal Spending · Population5,337 people (vs Oklahoma 63,420)

Sources: USAspending API

Other

Pct Drove Alone90.5%
Retirement Score · Median age58.5 years (vs Oklahoma 35.2y)
Retirement Score · Ss Household Pct51.2%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · AffordableYes
Retirement Score · Factorsolder population, strong SS base, hospital access, VA nearby, affordable
Retirement Score · Ratingexcellent

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