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Rental Insights for ZIP Code 74428 (Council Hill, OK)

Housing Rentals in ZIP Code 74428 (Council Hill, OK)

74428 ZIP Code in Oklahoma

A Comprehensive Look at Rentals in the ZIP Code 74428

The 74428 ZIP Code is primarily associated with Council Hill, OK in Muskogee County. This Oklahoma region has an estimated median housing rent of $594 per month. About 15.2% of housing units in the region are renter-occupied, and this Muskogee County ZIP Code has an approximate rental vacancy rate of zero.

The median rent in ZIP Code 74428 of $594 per month is 27% lower than the aggregate Oklahoma median monthly rent of $810, and is 44% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 86.5% of residents in ZIP Code 74428 pay between $500 and $999 per month for rent. That is 47% higher than in Oklahoma overall, in which 58.9% of total state residents pay between $500 and $999 per month for housing.

ZIP Code 74428 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 74428

See the chart below for a comparison of monthly rental costs in ZIP Code 74428, Oklahoma, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 74428 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 74428

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

Cost ZIP 74428 Oklahoma U.S.
Less than $500 0.0% 12.6% 9.4%
$500 to $999 86.5% 58.9% 36.2%
$1,000 to $1,499 13.5% 22.6% 30.0%
$1,500 to $1,999 0.0% 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 74428

Renters in ZIP Code 74428 use an estimated 15.28% of their income to cover their monthly rent payments. That is about 46% 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 74428 renters use about 49% less of their income to cover rent expense. Household income figures for ZIP Code 74428 come in lower than in Oklahoma as a whole. The median annual household income in ZIP Code 74428 of $52,614 sits approximately 1% lower 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 74428

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 74428, 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 74428 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 74428

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

Rent Cost as % of Income ZIP 74428 Oklahoma U.S.
Less than 15.0 percent 65.7% 16.9% 13.1%
15.0 to 19.9 percent 8.6% 14.4% 12.9%
20.0 to 24.9 percent 14.3% 13.6% 12.9%
25.0 to 29.9 percent 5.7% 10.8% 11.6%
30.0 to 34.9 percent 0.0% 8.3% 9.1%
35.0 percent or more 5.7% 36.0% 40.5%

Household Income in ZIP Code 74428

See the table below for the regional comparison of annual household income in ZIP Code 74428.

Income ZIP 74428 Oklahoma U.S.
Less than $10,000 13.3% 6.9% 6.0%
$10,000 to $14,999 2.4% 5.1% 4.3%
$15,000 to $24,999 12.3% 10.7% 8.9%
$25,000 to $34,999 14.5% 10.6% 8.9%
$35,000 to $49,999 5.9% 14.1% 12.3%
$50,000 to $74,999 11.7% 18.5% 17.2%
$75,000 to $99,999 7.5% 12.5% 12.7%
$100,000 to $149,999 20.2% 12.7% 15.1%
$150,000 to $199,999 8.3% 4.6% 6.8%
$200,000 or more 3.8% 4.3% 7.7%

Household Income in ZIP Code 74428

See the chart below for a comparison of annual household income figures in ZIP Code 74428, Oklahoma, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 74428 alongside the same figures for the state of Oklahoma and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 74428

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 74428.

ZIP 74428 Oklahoma U.S.
Median Housing Rent $594 $810 $1,062
Renter-Occupied Housing Units 15.2% 34.4% 36.0%
Rental Vacancy Rate 0.0% 8.2% 6.0%
Average Size of Renter-Occupied Unit 2.04 2.49 2.49
Average # of Bedrooms Per Unit 2.96 2.73 2.75
Percent of Income Spent on Rent 15.28% 28.24% 29.83%
Per Capita Income $25,867 $28,422 $34,103
Median Household Income $69,441 $72,695 $88,607
Living Below the Poverty Line 10.0% 11.3% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 74428

In ZIP Code 74428 (Council Hill, OK), and estimated 15.2% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 74428 is estimated at $25,867, which goes along with an estimated median household income of $69,441. About 10.0% of residents in this Muskogee County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.04 occupants, while the units have an aggregate average size of 2.96 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 15.28% of their income on housing rental costs.

Rental FAQs for ZIP Code 74428

1

What is the median monthly rent in ZIP Code 74428?

Median rent for housing in ZIP Code 74428 in Muskogee County in Oklahoma is approximately $594 per month.
2

Is it expensive to rent in ZIP Code 74428?

Rent in ZIP Code 74428 is lower than average in the state of Oklahoma overall. The median monthly rent of $594 in ZIP Code 74428 is approximately 27% lower than the Oklahoma median of $810. Additionally, median rent in this Council Hill, OK region ($594) is about 44% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 74428?

High-priced rentals are not common in the Council Hill, OK ZIP Code of 74428, 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 74428?

Affordable rentals are more common in ZIP Code 74428 than in Oklahoma overall. The percentage of housing rentals in ZIP Code 74428 costing $999 or less per month (86.5%) is approximately 21% 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 90% lower than the previously mentioned 74428 rate of 86.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 74428?

The most common range for rental cost in ZIP Code 74428 is between $500 and $999 per month. About 86.5% of renters in 74428 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 74428 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 74428 is lower than the rental vacancy rate in the state of Oklahoma overall. Rental vacancy of 0.0% in ZIP Code 74428 is about 100% lower than the Oklahoma rate of 8.2%. Looking more broadly, rental vacancy in this Council Hill, OK region (0.0%) is an estimated 100% 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 74428? How does it compare to other Oklahoma regions?

Median household income in ZIP Code 74428 is lower than in the state of Oklahoma overall. Annual household income of $52,614 in ZIP Code 74428 is about 1% lower than the Oklahoma median of $52,919. Additionally, median household income in this Council Hill, OK region ($52,614) 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 74428 spend on housing costs?

Renters in ZIP Code 74428 spend a lower amount of their income on rent costs than do renters in Oklahoma overall. Renters in ZIP Code 74428 spend an estimated 15.28% of their income on rent payments, which is about 46% 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 49% higher than the ZIP Code 74428 estimated rate of 15.28%.
9

Do renters in ZIP Code 74428 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 74428 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 74428 spending 30 percent or more of their income on rent costs (5.7%) is approximately 87% 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 89% higher than the aforementioned 74428 rate of 5.7%.
10

What is the average household size of renter-occupied units in ZIP Code 74428?

The average household size of renter-occupied units in ZIP Code 74428 is lower than in the state of Oklahoma overall. Annual household size of 2.04 in ZIP Code 74428 is about 18% lower than the Oklahoma median of 2.49. Additionally, median household size in this Council Hill, OK region (2.04) is approximately 18% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Oklahoma ZIP Codes