Lawton, OK

Very Low · 57

Oklahoma · Population 90,662 · Updated March 2026

$935
Median Rent / Month
$53,588
Median Income
$134,200
Median Home Value
$910
Owner Costs / Month

Affordability

How far your income goes in Lawton

20.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Oklahoma

State-level tax rates that affect your costs

4.75%
Income Tax (Top Rate)
4.5%
Sales Tax
0.9%
Property Tax Rate

Estimated Annual Costs

$11,220
Annual Rent
$2,545
State Income Tax
$1,208
Property Tax (est.)

Cost of Living Overview

Lawton is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 57 (where 100 equals the national median), Lawton residents can expect to pay median rent of $935/month while earning a median household income of $53,588/year.

The median home value in Lawton, OK is $134,200, with typical monthly owner costs around $910 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Oklahoma has a moderate income tax rate of 4.75%. Combined with a 4.5% sales tax rate and 0.9% effective property tax rate, the overall tax environment is a factor in the total cost of living in Lawton.

Frequently Asked Questions

Common questions about living costs in Lawton

What is the cost of living in Lawton, OK?
The cost of living index in Lawton, OK is 57 (US average = 100). Median monthly rent is $935, median household income is $53,588/year, and the median home value is $134,200.
Is Lawton, OK affordable?
Yes, Lawton is more affordable than the national average with a cost index of 57. The rent-to-income ratio is 20.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Lawton, OK?
The median gross rent in Lawton, OK is $935 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,220.
What is the median household income in Lawton?
The median household income in Lawton, OK is $53,588 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Oklahoma?
Oklahoma has a top income tax rate of 4.75%, a sales tax of 4.5%, and an effective property tax rate of 0.9%.