Cost of Living in Madill, OK

Population 3,966 · Oklahoma · Data vintage 2023

43
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $47,022, median household incomes in Madill land roughly 37% below the US median, a gap that tends to persist across local labor-market indicators. Around 22% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 60 miles north of McKinney, Madill is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 77% lower than McKinney's $440,000.

Cost Overview

Housing 33
Rent 58

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Madill

The median home value in Madill is $101,400 — 67% below the national median of $305,000. Median rent runs $764/month, 42% lower than the national median of $1,314/month. The median household income of $47,022/year is 37% lower than the US median of $74,580. The local unemployment rate is 5.8%, above the national average of 4.8%. Oklahoma's top state income tax rate is 4.8% and the combined sales tax is 9.0%. The climate averages highs of 75.9°F and lows of 54.1°F. Overall, Madill has a cost of living index of 43 versus the US average of 100, meaning it is 57% less expensive.

🏠 Housing

Median Home Value
$101,400
67% below avg
Zillow Home Value
$128,109
Zillow ZHVI
Median Rent
$764/mo
42% below avg
Price-to-Rent Ratio
11.1x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$678
1 BR
$728
2 BR
$910
3 BR
$1,220
4 BR
$1,439
Owner-occupied 62.5%
Renter-occupied 37.5%

💰 Estimated Monthly Budget

Rent median rent
$764
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,378/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
18.2 min
33% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
0.8%

Commute Mode

Drove alone
83.9%
Carpooled
11.7%
Walked
2.0%
Work from home
0.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.8%
Total Sales Tax 9.0%
State rate 4.5%
Avg local rate 4.5%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$47,022
37% below avg
Per Capita Income
$20,501
Unemployment Rate
5.8%
20% above avg
Poverty Rate
21.5%
Labor Force Participation
57.4%

🎓 Education

Bachelor's degree+ 8.5%
Graduate degree 1.4%

👥 Demographics

Median Age 32.9
Male median age 27.9
Female median age 36.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
75.9°F
Avg Low
54.1°F
Annual Precip
38.3"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 566068758391959688786657
Low °F 343846536270747366544436
Precip" 2.702.573.513.584.773.581.961.732.814.413.193.49

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
15.1:1
Student-teacher ratio
3
Public schools
1,747
Total enrollment

Frequently Asked Questions

What is the cost of living in Madill, OK?

Madill has a cost index of 43 (100 = national average). It is 57% below the national average.

What is average rent in Madill, OK?

The median gross rent in Madill is $764 per month based on 2023 Census data.

What is the average home price in Madill?

The median home value in Madill is $101,400 according to Zillow and Census data.

What is the median income in Madill?

The median household income in Madill is $47,022 per year (2023 ACS 5-year estimates).

What is the sales tax in Madill, OK?

The combined state and local sales tax rate in Madill is 9.0%. The Oklahoma state income tax top rate is 4.8%.

Is Madill, OK affordable?

Yes, Madill is generally considered affordable, with a cost of living index of 43 — about 57% below the US national average of 100.

What is the weather like in Madill?

Madill has average high temperatures of 75.9°F and average lows of 54.1°F. Annual precipitation is 38.3". Data from NOAA 1991–2020 Climate Normals.

Madill at a Glance

Population
3,966
Median Income
$47,022
Home Value
$101,400
Median Rent
$764/mo
Unemployment
5.8%
Avg High Temp
75.9°F
Sales Tax
9.0%
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🗺️ County data for Oklahoma

Explore county-level cost of living data

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