Frederick is a city in Oklahoma state in USA with a population of 3633 residents.. The poverty rate of Frederick is 24.6%, which is 76% higher than national average. The typical household in Frederick earns $38348 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 14 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 61.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Frederick, only 75% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Frederick remained 2%, which is 57% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Frederick, only 15% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Frederick is 0, which is 100% lower than national average. Median home value in Frederick is $51700 , which is 78% lower than national average. While median income in Frederick remained $38348, which is 43% lower than national average.