Elk City is a city in Oklahoma state in USA with a population of 11544 residents..
The poverty rate of Elk City is 23.4%, which is 67% higher than national average.
The typical household in Elk City earns $43795 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 17 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 55.6% of households earn less than $50,000 a year compared to 39% national rate.
The unemployment rate of Elk City remained 4.5%, which is 4% lower than national rate.
Cost of living in Elk City is 92, which is 8% lower than national average.
In Elk City, only 18% of adults have a bachelor's degree and 32% have some college but no degree.
Median home value in Elk City is $161500 , which is 30% lower than national average.
While median income in Elk City remained $43795, which is 35% lower than national average.