Location of Gracemont, Oklahoma
According to the United States Census Bureau, the town of Gracemont has a total area of 0.15 square miles (0.4 km2), all of it land.
As of the census of 2000, there were 336 people, 143 households, and 90 families residing in the town. The population density was 2,199.3 people per square mile (864.9/km²). There were 169 housing units at an average density of 1,106.2 per square mile (435.0/km²). The racial makeup of the town was 80.65% White, 12.50% Native American, 4.46% from other races, and 2.38% from two or more races. Hispanic or Latino of any race were 9.52% of the population.
There were 143 households out of which 30.1% had children under the age of 18 living with them, 49.7% were married couples living together, 11.9% had a female householder with no husband present, and 36.4% were non-families. 35.0% of all households were made up of individuals and 14.7% had someone living alone who was 65 years of age or older. The average household size was 2.35 and the average family size was 3.05.
In the town the population was spread out with 26.8% under the age of 18, 10.1% from 18 to 24, 25.0% from 25 to 44, 20.2% from 45 to 64, and 17.9% who were 65 years of age or older. The median age was 34 years. For every 100 females there were 98.8 males. For every 100 females age 18 and over, there were 85.0 males.
The median income for a household in the town was $21,875, and the median income for a family was $34,167. Males had a median income of $24,792 versus $18,000 for females. The per capita income for the town was $13,026. About 14.9% of families and 19.5% of the population were below the poverty line, including 33.3% of those under age 18 and 8.7% of those age 65 or over.