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Rental Insights for ZIP Code 74019 (Claremore, OK)

Housing Rentals in ZIP Code 74019 (Claremore, OK)

74019 ZIP Code in Oklahoma

A Comprehensive Look at Rentals in the ZIP Code 74019

The 74019 ZIP Code is primarily associated with Claremore, OK in Wagoner County. This Oklahoma region has an estimated median housing rent of $845 per month. About 18.4% of housing units in this Wagoner County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 2.7%.

The median rent in ZIP Code 74019 of $845 per month is 4% higher than the aggregate Oklahoma median monthly rent of $810, and is 20% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 64.4% of renters in ZIP Code 74019 pay between $500 and $999 per month for housing. That is 9% higher than in Oklahoma overall, in which 58.9% of total state residents pay between $500 and $999 per month for housing. Just 1.2% of renters in this Claremore, OK region pay between $2,000 and $2,499 per month for rent.

ZIP Code 74019 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 74019

See the chart below for a comparison of monthly rental costs in ZIP Code 74019, Oklahoma, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 74019 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 74019

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

Cost ZIP 74019 Oklahoma U.S.
Less than $500 5.3% 12.6% 9.4%
$500 to $999 64.4% 58.9% 36.2%
$1,000 to $1,499 23.4% 22.6% 30.0%
$1,500 to $1,999 5.7% 4.3% 14.0%
$2,000 to $2,499 1.2% 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 74019

Renters in ZIP Code 74019 use an estimated 29.46% of their income to cover their monthly rent payments. That is about 4% higher 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 74019 renters use about 1% less of their income to cover rent expense. Household income figures for ZIP Code 74019 come in higher than in Oklahoma as a whole. The median annual household income in ZIP Code 74019 of $69,038 sits approximately 30% higher than the overall Oklahoma median income of $52,919 and approximately 10% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 74019

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 74019, 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 74019 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 74019

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

Rent Cost as % of Income ZIP 74019 Oklahoma U.S.
Less than 15.0 percent 14.5% 16.9% 13.1%
15.0 to 19.9 percent 13.3% 14.4% 12.9%
20.0 to 24.9 percent 15.8% 13.6% 12.9%
25.0 to 29.9 percent 6.7% 10.8% 11.6%
30.0 to 34.9 percent 7.5% 8.3% 9.1%
35.0 percent or more 42.0% 36.0% 40.5%

Household Income in ZIP Code 74019

See the table below for the regional comparison of annual household income in ZIP Code 74019.

Income ZIP 74019 Oklahoma U.S.
Less than $10,000 2.8% 6.9% 6.0%
$10,000 to $14,999 2.2% 5.1% 4.3%
$15,000 to $24,999 7.8% 10.7% 8.9%
$25,000 to $34,999 9.5% 10.6% 8.9%
$35,000 to $49,999 12.3% 14.1% 12.3%
$50,000 to $74,999 18.9% 18.5% 17.2%
$75,000 to $99,999 13.8% 12.5% 12.7%
$100,000 to $149,999 19.7% 12.7% 15.1%
$150,000 to $199,999 7.5% 4.6% 6.8%
$200,000 or more 5.6% 4.3% 7.7%

Household Income in ZIP Code 74019

See the chart below for a comparison of annual household income figures in ZIP Code 74019, Oklahoma, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 74019 alongside the same figures for the state of Oklahoma and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 74019

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 74019.

ZIP 74019 Oklahoma U.S.
Median Housing Rent $845 $810 $1,062
Renter-Occupied Housing Units 18.4% 34.4% 36.0%
Rental Vacancy Rate 2.7% 8.2% 6.0%
Average Size of Renter-Occupied Unit 2.45 2.49 2.49
Average # of Bedrooms Per Unit 3.12 2.73 2.75
Percent of Income Spent on Rent 29.46% 28.24% 29.83%
Per Capita Income $34,085 $28,422 $34,103
Median Household Income $89,468 $72,695 $88,607
Living Below the Poverty Line 6.0% 11.3% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 74019

In ZIP Code 74019 (Claremore, OK), and estimated 18.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.7%.

The per capita income in 74019 is estimated at $34,085, which goes along with an estimated median household income of $89,468. About 6.0% of residents in this Wagoner County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.45 occupants, while the units have an aggregate average size of 3.12 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.46% of their income on housing rental costs.

Rental FAQs for ZIP Code 74019

1

What is the median monthly rent in ZIP Code 74019?

Median rent for housing in ZIP Code 74019 in Wagoner County in Oklahoma is approximately $845 per month.
2

Is it expensive to rent in ZIP Code 74019?

Rent in ZIP Code 74019 is higher than average in the state of Oklahoma overall. The median monthly rent of $845 in ZIP Code 74019 is approximately 4% higher than the Oklahoma median of $810. Additionally, median rent in this Claremore, OK region ($845) is about 20% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 74019?

High-priced rentals are not common in the Claremore, OK ZIP Code of 74019, 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 74019?

Affordable rentals are less common in ZIP Code 74019 than in Oklahoma overall. The percentage of housing rentals in ZIP Code 74019 costing $999 or less per month (69.7%) is approximately 3% lower 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 53% lower than the previously mentioned 74019 rate of 69.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 74019?

The most common range for rental cost in ZIP Code 74019 is between $500 and $999 per month. About 64.4% of renters in 74019 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 74019 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 74019 is lower than the rental vacancy rate in the state of Oklahoma overall. Rental vacancy of 2.7% in ZIP Code 74019 is about 67% lower than the Oklahoma rate of 8.2%. Looking more broadly, rental vacancy in this Claremore, OK region (2.7%) is an estimated 55% 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 74019? How does it compare to other Oklahoma regions?

Median household income in ZIP Code 74019 is higher than in the state of Oklahoma overall. Annual household income of $69,038 in ZIP Code 74019 is about 30% higher than the Oklahoma median of $52,919. Additionally, median household income in this Claremore, OK region ($69,038) is approximately 10% higher 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 74019 spend on housing costs?

Renters in ZIP Code 74019 spend a higher amount of their income on rent costs than do renters in Oklahoma overall. Renters in ZIP Code 74019 spend an estimated 29.46% of their income on rent payments, which is about 4% higher 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 1% higher than the ZIP Code 74019 estimated rate of 29.46%.
9

Do renters in ZIP Code 74019 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 74019 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 74019 spending 30 percent or more of their income on rent costs (49.5%) is approximately 12% higher 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 0% higher than the aforementioned 74019 rate of 49.5%.
10

What is the average household size of renter-occupied units in ZIP Code 74019?

The average household size of renter-occupied units in ZIP Code 74019 is lower than in the state of Oklahoma overall. Annual household size of 2.45 in ZIP Code 74019 is about 2% lower than the Oklahoma median of 2.49. Additionally, median household size in this Claremore, OK region (2.45) is approximately 2% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Oklahoma ZIP Codes