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Mustang, Oklahoma Demographics & Population 2026

During the 2020–2024 ACS period, Mustang, Oklahoma had a total population of 22,192, the 22nd largest city in Oklahoma, with a median household income of $87,844, which is 35% higher than the state average. The poverty rate is 8.0%.

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

Key Takeaways

Mustang Quick Facts

Population 22,192
Median Household Income $87,844
Median Home Value $239,200
Poverty Rate 8.0%
Unemployment Rate 5.7%
Median Age 39.1 years
Homeownership Rate 75.8%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 27.1%
High School Graduation Rate 92.9%
Diversity Index 47/100
Population 22,192 22nd of 834
Median Income $87,844 top 10%
Poverty Rate 8.0% 36% lower than national
Median Home Value $239,200 top 10%

How Mustang 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
Population21,29022,192+4.2%
Median household income$88,262$87,844-0.5%
Median home value$227,800$239,200+5.0%

How Mustang Compares

Economy & Housing

Household Income Distribution

Under $25K 8.5%
$25K-$50K 14.8%
$50K-$100K 35.4%
$100K+ 41.3%
Detailed income brackets
Under $10K
3.8%
$10K-$15K
1.5%
$15K-$20K
1.4%
$20K-$25K
1.8%
$25K-$30K
2.9%
$30K-$35K
2.4%
$35K-$40K
2.3%
$40K-$45K
4.3%
$45K-$50K
2.9%
$50K-$60K
6.7%
$60K-$75K
11.9%
$75K-$100K
16.8%
$100K-$125K
9.7%
$125K-$150K
12.2%
$150K-$200K
10.2%
$200K+
9.2%

Employment

5.7% Unemployment Rate State: 5.0%|National: 5.2%
65.8% Labor Force Participation

Housing Overview

Owner 75.8%
Renter 24.2%
Affordability Index Very Affordable
2.7x home value to income ratio
Median gross rent $1,287/mo 17.6% of median household income annually

People & Demographics

Diversity Index

47out of 100
Moderate Diversity

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

State average: 58 | National average: 61

Education

Mustang Rankings in Oklahoma

#22 Population of 834
#61 Median Income of 716
#139 Education of 833
#47 Home Value of 723

Other Cities in Canadian County

CityPopulationMedian IncomePovertyHome Value
Yukon 25,529 $75,273 8.8% $198,900
El Reno 18,557 $56,219 19.3% $165,900
Piedmont 8,342 $104,441 2.6% $330,100
Union City 1,722 $105,833 11.5% $298,400
Okarche 1,293 $94,063 11.8% $239,000
Geary 841 $50,677 33.3% $67,900
Calumet 493 $80,938 10.1% $106,300
Cedar Lake 421 $32,917 31.5% $77,000

Cities Similar to Mustang

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Sand Springs20,117$75,645$197,70027.3%10.5%
Sapulpa22,570$63,817$171,60020.1%14.2%
Yukon25,529$75,273$198,90030.9%8.8%
Duncan22,958$58,054$131,50020.3%20.5%
Bethany20,560$56,591$171,60024.1%20.5%

Population Overview

Mustang is a small city located in Oklahoma, within Canadian County. The total population is 22,192. It ranks as the 22nd most populous out of 834 Census-designated places in Oklahoma.

Age Demographics

The median age in Mustang is 39.1 years. This is 6% higher than the state median of 37.0 years.

Economy, Income & Housing

The median household income in Mustang is $87,844. This is 35% higher than the state median of $65,039. It is also 9% higher than the national median of $80,734. The poverty rate stands at 8.0%. This is 48% lower than the state poverty rate of 15.3%. The unemployment rate is 5.7%. This is 14% higher than the state rate of 5.0%. The median home value is $239,200. Housing costs are 20% higher than the state median of $199,800. With a home-value-to-income ratio of just 2.7x, Mustang is one of the most affordable housing markets in the area. 75.8% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 65.8%.

Race & Ethnicity

The largest racial or ethnic group in Mustang is White (non-Hispanic), making up 71.7% of the population. Hispanic or Latino residents account for 11.0%.

Education

27.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% 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 92.9%.

Data Sources & Methodology

All demographic data for Mustang, 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 Mustang, Oklahoma?

Mustang, Oklahoma has a population of 22,192 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Mustang, OK?

The median household income in Mustang is $87,844, which is 9% higher than the national median of $80,734.

What is the poverty rate in Mustang, OK?

The poverty rate in Mustang is 8.0%. This means approximately 1,743 residents live below the federal poverty line.

What is the racial makeup of Mustang, Oklahoma?

Mustang's population is 71.7% White, 3.5% Black, 11.0% Hispanic/Latino, and 1.9% Asian.

What is the median home value in Mustang, OK?

The median home value in Mustang is $239,200. The home-value-to-income ratio is 2.7x.

How educated is Mustang, Oklahoma?

27.1% of adults (25+) in Mustang hold a bachelor's degree or higher, and 7.4% hold a graduate or professional degree.