Wakita is located close to the center of Oklahoma. Wakita is part of Grant County. Wakita has 0.33 square miles of land area and has no water area. As of 2010-2014, the total Wakita population is 335, which has shrunk 20.24% since 2000. The population growth rate is much lower than the state average rate of 10.67% and is much lower than the national average rate of 11.61%. Wakita median household income is $44,318 in 2010-2014 and has grown by 47.26% since 2000. The income growth rate is higher than the state average rate of 38.43% and is much higher than the national average rate of 27.36%. Wakita median house value is $23,600 in 2010-2014 and has grown by 0.00% since 2000. The house value growth rate is lower than the state average rate of 62.66% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Wakita is much better than the state average in quality. The Wakita area code is 580.