Latimer County, Oklahoma: commercial real estate data.
Latimer County, Oklahoma has a population of 9,518 across 722 square miles, up 0.7 percent since the 2020 census base. County output reached $324.2 m in 2024, 150 establishments operate here, and the SBA record carries 5 7(a) approvals worth $554,100.
103 sourced county values · tier FULL · 11 sections
Latimer County
How many people live in Latimer County
- Population9,518
- Households3,901
- Average household size2.44
- Median household income$41,405
- Median age41.9
- Median gross rent$646 per month
- Median owner-occupied home value$107,900
- Home value to household income2.6 times
- Annual rent as a share of median income18.7 percent
- Adults 25 and over with a bachelor degree or higher10.6 percent
- Adults 25 and over with a graduate degree3.7 percent
- Adults 25 and over6,533
- Population under 182,088
- Share under 1821.9 percent
- Population 65 and over2,105
- Share 65 and over22.1 percent
- Working age population, 18 to 645,325
- Civilian labor force3,549
- Unemployment rate5.7 percent
- Labor force participation, adults 18 and over47.8 percent
- Rank by population among Oklahoma counties58th of 77
- Rank by population among US county-equivalents2522nd
Latimer County is the 58th largest of 77 Oklahoma counties by population. A median home costs 2.6 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 22.1 percent against 21.9 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Latimer County
Is Latimer County growing
- Population change since the 2020 census base0.65 percent
- Census 2020 base population9,448
- Births, 202490
- Deaths, 2024156
- Natural change, 2024-66
- Net domestic migration, 202413
- Net international migration, 20242
- Total net migration, 202415
- Cumulative net domestic migration, 2021 to 2024229
- Rank by growth among US county-equivalents1603rd
The county has grown 0.65 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Latimer County
Where people moving to Latimer County come from
- Tax returns filed by households arriving325
- People arriving, from those returns721
- Adjusted gross income arriving$14.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$44,545
- Largest single originLatimer County Non-migrants (3,262 households)
- Largest single destination (3,262 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Latimer County Non-migrants | 3,262 | 7,090 | $151.9 m |
| Other flows - Different State | 122 | 273 | $7.4 m |
| Other flows - Same State | 76 | 158 | $3.0 m |
| Other flows - South | 74 | 160 | $4.9 m |
| Pittsburg County | 61 | 141 | $2.0 m |
| Le Flore County | 44 | 104 | $1.2 m |
| Other flows - West | 27 | 56 | $1.7 m |
| Pushmataha County | 22 | 45 | $794,000 |
The largest single source of arrivals is Latimer County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Latimer County
What the Latimer County economy runs on
- County GDP, 2024$324.2 m
- County GDP, 2023$367.0 m
- GDP change, 2023 to 2024-11.7 percent
- GDP change over five years15.7 percent
- Rank by GDP among Oklahoma counties65th
- Rank by GDP among US county-equivalents2664th
- GDP per resident$34,057
Output grew -11.7 percent in the latest year and 15.7 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Latimer County
Who employs people in Latimer County
- Covered employment, annual average2,988
- Establishments reporting215
- Average annual pay$57,765
- Average weekly wage$1,111
- Sector 62, employment249
- Sector 62, average annual pay$32,938
- Sector 44-45, employment206
- Sector 44-45, average annual pay$22,783
- Sector 23, employment182
- Sector 23, average annual pay$58,928
- Sector 54, employment94
- Sector 54, average annual pay$52,922
- Sector 22, employment77
- Sector 56, employment54
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 249 | 25 | $32,938 |
| Sector 44-45 | 206 | 24 | $22,783 |
| Sector 23 | 182 | 24 | $58,928 |
| Sector 54 | 94 | 19 | $52,922 |
| Sector 22 | 77 | 4 | $92,511 |
| Sector 56 | 54 | 8 | $39,340 |
| Sector 52 | 51 | 15 | $40,670 |
| Sector 21 | 17 | 6 | $120,110 |
The largest sector is the biggest private employer group at 249 jobs, 8.3 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Latimer County
What businesses operate in Latimer County
- Establishments, all industries150
- Employment at those establishments3,292
- Annual payroll$170.8 m
- Establishments per 1,000 residents15.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Latimer County
What is being built in Latimer County
- Housing units authorised by permit, 20240
- Declared construction value permitted$0
- Single family units authorised0
- Multifamily units authorised0
No residential units were authorised by permit in 2024. In a small county this is common and is not by itself a sign of distress, but it does mean there is no recent residential pipeline to read demand from.
US Census Bureau, Building Permits Survey, 2024 annual.
Latimer County
How much SBA lending happens in Latimer County
- 7(a) approvals recorded5
- 7(a) gross approval dollars$554,100
- Average 7(a) approval$110,820
- Median 7(a) approval$69,500
- 10th percentile approval$25,000
- 90th percentile approval$260,000
- Largest single approval$260,000
- Jobs reported supported, 7(a)19
- Jobs per approval3.8
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals5
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer20.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter3
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countGeneral Automotive Repair (1)
- Most active lenderFirst National Bank & Trust Company of McAlester (3)
The average approval of $110,820 sits well above the median of $69,500, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 20.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Latimer County
Do SBA loans in Latimer County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Cancelled1
- Status: Exempt from disclosure2
- Status: Paid in full2
Too few loans have reached a final outcome to publish a charge off rate. only 2 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Latimer County
Which parts of Latimer County get the lending
- Places in the county with recorded lending2
- Wilburton, approvals4
- TALIHINA, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Wilburton | 4 | $529,100 |
| TALIHINA | 1 | $25,000 |
Wilburton accounts for 4 approvals against 1 in TALIHINA. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Latimer County
How big is Latimer County
- Land area722 sq mi
- Rank by land area among Oklahoma counties49th of 77
- Width, east to west33.3 mi
- Height, north to south26.1 mi
- Geographies sharing a boundary4
- Residents per square mile of land13
- Establishments per square mile0.21
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Latimer County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Latimer County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population9,518
- Households3,901
- Average household size2.44
- Median household income$41,405
- Median age41.9
Common questions
Latimer County questions, answered from the record.
How many people live in Latimer County, Oklahoma?
9,518, in 3,901 households, ranking 58th of 77 Oklahoma counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Latimer County growing?
The population has grown 0.65 percent since the 2020 census base. In 2024 there were 90 births against 156 deaths, with net migration of 15. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Latimer County?
$41,405. The median owner-occupied home is valued at $107,900, which is 2.6 times income, and median gross rent is $646 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Latimer County?
150 establishments, employing 3,292 people with an annual payroll of $170.8 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Latimer County?
Average annual pay is $57,765, or $1,111 a week, across 2,988 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Latimer County?
5 7(a) approvals totalling $554,100 since FY2020, across 3 lenders, with a median approval of $69,500. These are approvals recorded in the release, not loans disbursed.
What is being built in Latimer County?
No residential units were authorised by permit in 2024. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Latimer County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Latimer County come from?
The largest single origin is Latimer County Non-migrants, with 3,262 households. Arriving households report an average income of $44,545 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Latimer County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Latimer County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.