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Rental Insights for ZIP Code 73095 (Wayne, OK)

Housing Rentals in ZIP Code 73095 (Wayne, OK)

73095 ZIP Code in Oklahoma

A Comprehensive Look at Rentals in the ZIP Code 73095

The 73095 ZIP Code is primarily associated with Wayne, OK in McClain County. The estimated median housing rent in this Oklahoma region is $679 per month. About 22.2% of housing units in this McClain County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 5.1%.

The median rent in ZIP Code 73095 of $679 per month is 16% lower than the aggregate Oklahoma median monthly rent of $810, and is 36% lower than the $1,062 the median monthly rent in the U.S. overall. In ZIP Code 73095, about 73.3% of renters pay between $500 and $999 per month for housing. That is 24% higher than in Oklahoma overall, in which 58.9% of total state residents pay between $500 and $999 per month for housing. Just 3.4% of renters in this Wayne, OK region pay between $1,500 and $1,999 per month for rent.

ZIP Code 73095 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 73095

See the chart below for a comparison of monthly rental costs in ZIP Code 73095, Oklahoma, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 73095 along with those in the state of Oklahoma and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 73095

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 73095 Oklahoma U.S.
Less than $500 17.8% 12.6% 9.4%
$500 to $999 73.3% 58.9% 36.2%
$1,000 to $1,499 5.5% 22.6% 30.0%
$1,500 to $1,999 3.4% 4.3% 14.0%
$2,000 to $2,499 0.0% 0.9% 5.6%
$2,500 to $2,999 0.0% 0.3% 2.4%
$3,000 or more 0.0% 0.3% 2.4%

Rent Cost vs. Income in ZIP Code 73095

Renters in ZIP Code 73095 use an estimated 21.88% of their income to cover their monthly rent payments. That is about 23% lower than in Oklahoma overall. The estimate for Oklahoma overall is 28.24% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 73095 renters use about 27% less of their income to cover rent expense. Household income figures for ZIP Code 73095 come in higher than in Oklahoma as a whole. The median annual household income in ZIP Code 73095 of $53,095 sits approximately 0% higher than the overall Oklahoma median income of $52,919 and approximately 16% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 73095

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 73095, Oklahoma, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 73095 along with the same calculations in the state of Oklahoma and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 73095

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 73095 Oklahoma U.S.
Less than 15.0 percent 33.1% 16.9% 13.1%
15.0 to 19.9 percent 20.9% 14.4% 12.9%
20.0 to 24.9 percent 12.9% 13.6% 12.9%
25.0 to 29.9 percent 13.7% 10.8% 11.6%
30.0 to 34.9 percent 0.0% 8.3% 9.1%
35.0 percent or more 19.4% 36.0% 40.5%

Household Income in ZIP Code 73095

See the table below for the regional comparison of annual household income in ZIP Code 73095.

Income ZIP 73095 Oklahoma U.S.
Less than $10,000 3.0% 6.9% 6.0%
$10,000 to $14,999 3.5% 5.1% 4.3%
$15,000 to $24,999 7.0% 10.7% 8.9%
$25,000 to $34,999 17.6% 10.6% 8.9%
$35,000 to $49,999 17.6% 14.1% 12.3%
$50,000 to $74,999 17.3% 18.5% 17.2%
$75,000 to $99,999 8.5% 12.5% 12.7%
$100,000 to $149,999 15.1% 12.7% 15.1%
$150,000 to $199,999 2.9% 4.6% 6.8%
$200,000 or more 7.6% 4.3% 7.7%

Household Income in ZIP Code 73095

See the chart below for a comparison of annual household income figures in ZIP Code 73095, Oklahoma, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 73095 alongside the same figures for the state of Oklahoma and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 73095

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 73095.

ZIP 73095 Oklahoma U.S.
Median Housing Rent $679 $810 $1,062
Renter-Occupied Housing Units 22.2% 34.4% 36.0%
Rental Vacancy Rate 5.1% 8.2% 6.0%
Average Size of Renter-Occupied Unit 2.37 2.49 2.49
Average # of Bedrooms Per Unit 2.7 2.73 2.75
Percent of Income Spent on Rent 21.88% 28.24% 29.83%
Per Capita Income $33,473 $28,422 $34,103
Median Household Income $80,429 $72,695 $88,607
Living Below the Poverty Line 3.4% 11.3% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 73095

In ZIP Code 73095 (Wayne, OK), and estimated 22.2% of housing units are occupied by renters. This region has an approximate rental vacany rate of 5.1%.

The per capita income in 73095 is estimated at $33,473, which goes along with an estimated median household income of $80,429. About 3.4% of residents in this McClain County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.37 occupants, while the units have an aggregate average size of 2.7 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 21.88% of their income on housing rental costs.

Rental FAQs for ZIP Code 73095

1

What is the median monthly rent in ZIP Code 73095?

Median rent for housing in ZIP Code 73095 in McClain County in Oklahoma is approximately $679 per month.
2

Is it expensive to rent in ZIP Code 73095?

Rent in ZIP Code 73095 is lower than average in the state of Oklahoma overall. The median monthly rent of $679 in ZIP Code 73095 is approximately 16% lower than the Oklahoma median of $810. Additionally, median rent in this Wayne, OK region ($679) is about 36% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 73095?

High-priced rentals are not common in the Wayne, OK ZIP Code of 73095, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Oklahoma overall, approximately 0.3% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 73095?

Affordable rentals are more common in ZIP Code 73095 than in Oklahoma overall. The percentage of housing rentals in ZIP Code 73095 costing $999 or less per month (91.1%) is approximately 27% higher than the Oklahoma rate of 71.5% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 100% lower than the previously mentioned 73095 rate of 91.1%.
5

What is the most common cost range that rentals fall into in ZIP Code 73095?

The most common range for rental cost in ZIP Code 73095 is between $500 and $999 per month. About 73.3% of renters in 73095 pay in this range for monthly rent. In comparison, approximately 58.9% of renters in the state of Oklahoma fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 73095 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 73095 is lower than the rental vacancy rate in the state of Oklahoma overall. Rental vacancy of 5.1% in ZIP Code 73095 is about 38% lower than the Oklahoma rate of 8.2%. Looking more broadly, rental vacancy in this Wayne, OK region (5.1%) is an estimated 15% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 73095? How does it compare to other Oklahoma regions?

Median household income in ZIP Code 73095 is higher than in the state of Oklahoma overall. Annual household income of $53,095 in ZIP Code 73095 is about 0% higher than the Oklahoma median of $52,919. Additionally, median household income in this Wayne, OK region ($53,095) is approximately 16% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 73095 spend on housing costs?

Renters in ZIP Code 73095 spend a lower amount of their income on rent costs than do renters in Oklahoma overall. Renters in ZIP Code 73095 spend an estimated 21.88% of their income on rent payments, which is about 23% lower than the overall Oklahoma estimated rate of 28.24%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 27% higher than the ZIP Code 73095 estimated rate of 21.88%.
9

Do renters in ZIP Code 73095 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 73095 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 73095 spending 30 percent or more of their income on rent costs (19.4%) is approximately 56% lower than the Oklahoma rate of 44.3% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 61% higher than the aforementioned 73095 rate of 19.4%.
10

What is the average household size of renter-occupied units in ZIP Code 73095?

The average household size of renter-occupied units in ZIP Code 73095 is lower than in the state of Oklahoma overall. Annual household size of 2.37 in ZIP Code 73095 is about 5% lower than the Oklahoma median of 2.49. Additionally, median household size in this Wayne, OK region (2.37) is approximately 5% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Oklahoma ZIP Codes