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Forgan, Oklahoma Demographics & Population 2026

During the 2020–2024 ACS period, Forgan, Oklahoma had a total population of 359, the 420th largest town in Oklahoma, with a median household income of $70,114, which is 8% higher than the state average. The poverty rate is 2.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Forgan Quick Facts

Population 359
Median Household Income $70,114
Median Home Value $60,500
Poverty Rate 2.8%
Unemployment Rate 4.7%
Median Age 49.3 years
Homeownership Rate 86.7%
Affordability Ratio 0.9x
Bachelor's Degree or Higher 3.7%
High School Graduation Rate 86.4%
Diversity Index 52/100
Population 359 420th of 834
Median Income $70,114 top 30%
Poverty Rate 2.8% 78% lower than national
Median Home Value $60,500 bottom 20%

How Forgan Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population314359+14.3%
Median household income$67,656$70,114+3.6%
Median home value$61,500$60,500-1.6%

How Forgan Compares

Economy & Housing

Household Income Distribution

Under $25K 6.7%
$25K-$50K 19.1%
$50K-$100K 51.4%
$100K+ 22.9%
Detailed income brackets
Under $10K
1.9%
$10K-$15K
1.9%
$15K-$20K
1.9%
$20K-$25K
0.9%
$25K-$30K
3.8%
$30K-$35K
0.0%
$35K-$40K
7.6%
$40K-$45K
5.7%
$45K-$50K
1.9%
$50K-$60K
14.3%
$60K-$75K
20.0%
$75K-$100K
17.1%
$100K-$125K
14.3%
$125K-$150K
4.8%
$150K-$200K
1.9%
$200K+
1.9%

Employment

4.7% Unemployment Rate State: 5.0%|National: 5.2%
64.1% Labor Force Participation

Housing Overview

Owner 86.7%
Renter 13.3%
Affordability Index Very Affordable
0.9x home value to income ratio
Median gross rent $564/mo 9.7% of median household income annually

People & Demographics

Diversity Index

52out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 58 | National average: 61

Education

Forgan Rankings in Oklahoma

#420 Population of 834
#156 Median Income of 716
#749 Education of 833
#647 Home Value of 723

Other Cities in Beaver County

CityPopulationMedian IncomePovertyHome Value
Beaver 1,586 $56,078 18.2% $154,000
Turpin 441 $25,938 51.0% $85,800
Little Ponderosa 374 $72,625 0.8% $218,100
Gate 63 $73,500 1.6% N/A
Knowles 4 N/A 50.0% N/A

Cities Similar to Forgan

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Leach349$70,938$225,00026.3%6.0%
Little Ponderosa374$72,625$218,1007.4%0.8%
Shidler336$71,023$55,7008.4%10.4%
Eldon326N/A$132,10039.0%10.7%
Mead326$71,154$76,9009.4%17.8%

A note before these figures: with a population of 359, Forgan's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Forgan is a small community located in Oklahoma, within Beaver County. The total population is 359. It ranks as the 420th most populous out of 834 Census-designated places in Oklahoma.

Age Demographics

The median age in Forgan is 49.3 years. This is 33% higher than the state median of 37.0 years. Only 11.1% of residents are under 18, indicating fewer families with children. 10.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Forgan is $70,114. This is 8% higher than the state median of $65,039. It is also 13% lower than the national median of $80,734. The poverty rate stands at 2.8%. This is 82% lower than the state poverty rate of 15.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.7%. This is 5% lower than the state rate of 5.0%. The median home value is $60,500. Housing costs are 70% lower than the state median of $199,800. With a home-value-to-income ratio of just 0.9x, Forgan is one of the most affordable housing markets in the area. 86.7% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 65.8%.

Race & Ethnicity

The largest racial or ethnic group in Forgan is White (non-Hispanic), making up 63.5% of the population. Hispanic or Latino residents account for 25.1%. The Hispanic or Latino population is significantly higher than the state average (25.1% vs 12.7%).

Education

3.7% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 87% lower than the state rate of 28.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.4%.

Data Sources & Methodology

All demographic data for Forgan, Oklahoma is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Oklahoma state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 834 Census-designated places in Oklahoma. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Forgan, Oklahoma?

Forgan, Oklahoma has a population of 359 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Forgan, OK?

The median household income in Forgan is $70,114, which is 13% lower than the national median of $80,734.

What is the poverty rate in Forgan, OK?

The poverty rate in Forgan is 2.8%. This means approximately 10 residents live below the federal poverty line.

What is the racial makeup of Forgan, Oklahoma?

Forgan's population is 63.5% White, 0.0% Black, 25.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Forgan, OK?

The median home value in Forgan is $60,500. The home-value-to-income ratio is 0.9x.

How educated is Forgan, Oklahoma?

3.7% of adults (25+) in Forgan hold a bachelor's degree or higher, and 0.7% hold a graduate or professional degree.