Caddo County, Oklahoma Income Statistics
Caddo County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Caddo County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Caddo County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Household Income | $55,019 | $65,606 | $80,455 |
| Median Personal Income | $45,880 | $51,752 | $60,758 |
| Average Yearly Income Growth | 4.0% | 3.9% | 4.8% |
| Six-Figure Earners | 5.9% | 9.2% | 13.9% |
| $200k+ Households | 2.9% | 7.2% | 13.2% |
The median household income in Caddo County is about 16% lower than in Oklahoma. Income has been growing faster in Caddo County (4.0%/yr) than in Oklahoma (3.9%/yr).
About 6% of adults in Caddo County earn six figures ($100,000 or more) a year, lower than the Oklahoma average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Caddo County, Oklahoma grew by 49.5% from 2009 to 2024, reaching $55,019 in 2024. That's an average of about 4.0% per year.
Income Inequality and the Gender Pay Gap in Caddo County
| Metric | Caddo County | Oklahoma Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.576 | 0.553 | 0.552 |
| Male Median Income | $51,558 | $60,162 | $69,667 |
| Female Median Income | $41,355 | $46,815 | $56,850 |
| Gender Pay Gap | 19.8% | 22.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Caddo County, it is 0.576, higher than Oklahoma's 0.553, so income is less evenly distributed here than there.
Men's income is about 25% more than women's income in Caddo County, Oklahoma. Over a 35-year career, a 25% wage gap accumulates to roughly $357,105 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Caddo County, Oklahoma has narrowed from about 23% to 20% in 2024. Over that period the gap was widest at 27% in 2018, and was narrowest at 16% in 2023. In dollar terms, the gap has widened by $1,486 since 2009.
Employment
| Metric | Caddo County | Oklahoma Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.8% | 4.9% | 5.2% |
| Working from Home | 5.3% | 9.4% | 15.0% |
| Commute time (minutes) | 17 | 18 | 22 |
Approximately 660 people are unemployed in Caddo County, Oklahoma.
The average commute time in Caddo County is 17 minutes, shorter than the 18 minutes in Oklahoma.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Caddo County, Oklahoma has fallen from 9.0% to 5.8% in 2024. Over that period the rate peaked at 10.2% in 2013 and fell as low as 5.4% in 2023.
Caddo County, OK Wealth Compared With Nearby Counties
Caddo County, OK is the 4th largest of the 6 counties compared here, 26,447 residents against a local median of 56,605. Where Caddo County, OK breaks from the counties next to it is income growth, sitting 18% above the local median of 3.4%/yr at 4.0%/yr. That is the better end of the local range on this measure.
The counties themselves spread 2.1%/yr on income growth, so Caddo County, OK sits at one end of an already wide local range rather than apart from it. Caddo County, OK has the 2nd highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Caddo County, OK | 26,447 | $55,019 #5/6 | 4.0%/yr #2/6 | 5.8% #5/6 | 0.576 #6/6 |
| Grady County, OK | 56,605 | $75,292 | 4.2%/yr | 5.4% | 0.547 |
| Comanche County, OK | 121,825 | $61,120 | 3.2%/yr | 5.9% | 0.549 |
| Canadian County, OK | 168,984 | $88,690 | 3.6%/yr | 4.4% | 0.530 |
| Washita County, OK | 10,815 | $63,851 | 3.4%/yr | 5.7% | 0.549 |
| Kiowa County, OK | 8,382 | $44,975 | 2.1%/yr | 5.2% | 0.559 |
Conclusion
Considering all these factors, Caddo County, Oklahoma has an overall wealth index grade of D, making it somewhat worse than Oklahoma, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Caddo County, Oklahoma.
How Rich Is Caddo County, Oklahoma?
Caddo County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $55,019, about 16% lower than the Oklahoma average of $65,606.
How fast is household income rising in Caddo County, Oklahoma?
Between 2009 and 2024, the median household income in Caddo County, Oklahoma rose 50%, from $36,796 to $55,019. Over the same years, income here lagged behind Oklahoma as a whole: +50% against +57%.
What was the median household income in Caddo County in 2023?
In 2023, the median household income in Caddo County, Oklahoma was $52,633, about the same as in 2022. The Oklahoma median that year was $63,960.
What was the median household income in Caddo County in 2020?
In 2020, the median household income in Caddo County, Oklahoma was $46,520. By 2024 it had risen 18% to $55,019.
What is the Gini coefficient in Caddo County, Oklahoma?
The Gini coefficient in Caddo County is 0.576. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Caddo County, Oklahoma?
Since 2009, the income gap between men and women in Caddo County, Oklahoma has narrowed from about 23% to 20% in 2024. Over that period the gap was widest at 27% in 2018, and was narrowest at 16% in 2023. In dollar terms, the gap has widened by $1,486 since 2009.
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