Loveland: Economy & Jobs
Households in Loveland earn a median $34,375 (1.4× below Tillman County median $48,939; 1.9× below Oklahoma median $65,039), with homes at a median value of $-666,666,666. The surrounding county supports 1,505 jobs (avg $43,133).
- $45,839 avg taxable income per return — higher than the median household income (vs Oklahoma $74,344).
Income & Affordability
Median household income $34,375 — below the Oklahoma median ($62,125).
| Affordability · Poverty Rate | 16.9% |
|---|---|
| Irs Income · IRS tax returns filed | $2,760 |
| Irs Income · Total Adjusted Gross Income (thousands) | $126,516 |
| Irs Income · Average AGI per return | $45,839 (vs Oklahoma $74,344) |
| Irs Income · Year | 2022 |
| Income Estimate | $54,064 |
| Median Household Income | $34,375 (vs Oklahoma $62,125) |
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 | white_collar |
|---|---|
| Economic Character · Top Industry | Transportation |
| Economic Character · Income Level | lower-income |
| Economic Character · Median Income | $34,375 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents.
| Commuter Profile · Primary Mode | drove alone |
|---|---|
| Employment · Avg annual employment (county) | 1,505 |
| Employment · Total annual wages (county) | $64,907,938 |
| Employment · Average annual pay | $43,133 |
| 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 |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · 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 | 25 |
|---|---|
| Agriculture · Land In Farms Acres | 58,290 |
| Agriculture · Avg Farm Size Acres | 2,331.60 |
| Agriculture · Top Commodities | Animal Totals, Crop Totals, Cattle, Milk, Cotton |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 121 |
| Business Patterns · Total Employees | 904 |
| Business Patterns · Annual Payroll Thousands | 33,834 |
| 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 · Gas Stations | 7 |
|---|---|
| Local Businesses · General Merchandise | 4 |
| Local Businesses · Funeral Homes | 3 |
| Local Businesses · Commercial Banks | 3 |
| Local Businesses · Insurance Agencies | 6 |
| Local Businesses · Full Service Restaurants | 3 |
| Local Businesses · Fast Food | 4 |
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 | 4 |
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)
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 | Hop And Sack #5 |
|---|---|
| Nearest Snap · Distance | 2.3 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 · 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 | $62,736,362 |
|---|---|
| Federal Spending · Per Capita | 9,003.50 (vs Oklahoma $7,371) |
| Federal Spending · Population | 6,968 people (vs Oklahoma 63,420) |
Sources: USAspending API
Other
| Pct Drove Alone | 100.0% |
|---|---|
| Retirement Score · Median age | 74.5 years (vs Oklahoma 35.2y) |
| Retirement Score · Ss Household Pct | 100.0% |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | older population, strong SS base, VA nearby |
| Retirement Score · Rating | good |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12