| ZIP Code | 74563 |
|---|---|
| City | Red Oak |
| State | Oklahoma (OK) |
| County | Latimer County |
| Area Code | 918 |
| Elevation | 754 ft |
| Latitude | 34.969955 |
|---|---|
| Longitude | -95.072632 |
| Timezone | Chicago (DST) |
| FIPS | 40077 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.2 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.44 |
| Below Poverty | 14.3% ▲ 43% above avg |
| College Grads | 28.3% ▼ 27% below avg |
| Unemployment | 3.3% ▼ 32% below avg |
| No HS Diploma | 7 (0.6%) |
| HS Graduate | 470 (39.5%) |
| Some College | 154 (12.9%) |
| Associates | 223 (18.7%) |
| Bachelors | 137 (11.5%) |
| Graduate Degree | 200 (16.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $42,895 ▼ 44% below avg ↓ 12% since 2019 |
|---|---|
| Median Home Value | $109,400 ▼ 61% below avg ↑ 21% since 2019 |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $778/mo ↑ 43% since 2019 |
| Total Units | 909 |
| Vacant Units | 135 |
| Avg HH Size | 2.44 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 909 |
|---|---|
| Vacant | 135 |
| Owner Occupied | 81.3% |
| Renter Occupied | 18.7% |
| Avg HH Size | 2.44 |
ZIP code 74563 is located in Red Oak, Oklahoma, within Latimer County. With a population of 1,887, this is a sparsely populated ZIP code with a middle-aged community — the median age is 42.2 years. Economically, 74563 is a working-class ZIP code: the median household income of $42,895 is below the national average.
Real estate in ZIP code 74563 represents one of the more affordable housing markets in the country. The median home value of $109,400 is well below the national average. Renters can expect to pay around $778 per month in median rent. Homeownership is strong here — 81.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 21% since 2019.
The population of 74563 is majority White (64.28%). Residents are moderately educated — 28.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 14.3%. Household income has declined by 12% since 2019.
The unemployment rate in 74563 stands at 3.3%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 88%.
Overall, ZIP code 74563 in Red Oak, OK is characterized as working-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 1,887 residents, a median household income of $42,895, and a median home value of $109,400, it offers a clear picture of life in this part of Oklahoma.