979
63%
$28,571
12.4%
America/Chicago
74085
The WikiXM 'Yale' platform is your gateway to becoming an active part of our vibrant community, regardless of your age or how long you've called 'Yale' home. It's more than just a news platform; it's a thriving hub where the collective wisdom of every 'Yale' resident converges to ignite discussions, foster learning, and empower one another with knowledge about our beloved town.
Here in 'Yale', we have a diverse tapestry of residents. Some have roots that run deep, their knowledge steeped in the rich history of our town. Others are students, dedicated to keeping us updated on school activities, while many are committed to sharing the ebb and flow of daily life.
What's more, from a civic and political perspective, there are countless opportunities for you to join in. Many in our community offer updates on policies and decisions, offering their unique insights. This platform is where all these local perspectives meld together, creating a better place for everyone to live, regardless of your age or how long you've been a part of 'Yale'.
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Yale, OK - History
We would like to provide the residents of Yale a basic history overview.
Welcome to the Yale Home page. The Yale Home page provides as much information as possible on Yale. Knowing Yale’s history is essential to guiding its future. Within Yale’s Home page, you will also find Yale’s Founders, Holiday, and Birthday sections.
Yale has a population of 979. 49.4% of Yale’s inhabitants are Male, and 50.6 are female. 57.6% of Yale is married and 62.8% own their own home. The Average Home price is $67,497, and the average rent is $718. Household median income in Yale is $28,571, and the individual median income is $19,352. Yale’s Ethnic is the following: White(89.6%), Multiple(6.2%), Native(4.1%), Hispanic(1.2%), Other(0.1%).
Yale's founding in 1895 is attributed to a local farmer, Sterling F. Underwood, who established a post office by that name in his general store, about 1.5 miles (2.4 km) east of the present town. When the Eastern Oklahoma Railway built its line across Payne County, a group led by George W. Canfield began a different townsite also within Eagle Township that would be closer to the railroad, at its planned junction with the Missouri–Kansas–Texas Railroad.
Underwood moved his store to the new site in 1902, making the new site the permanent location for the town of Yale. A 1907 map shows the town contained 230 acres surrounding the railroad junction, and to its east southeast the Underwood farm of 158 acres. By 1910, Yale had a population of 685, supported mostly by agricultural services and cotton processing.On September 23, 1913, an oil well on the Randle farm produced a gusher.
An even larger gusher began producing a month later. More discoveries followed. By the end of 1914, the combined Yale and Cushing fields were producing 220,000 barrels a day. The town boomed, attaining a population of 2,601 by the census of 1920.The oil boom quickly deflated. Production began to decline sharply in 1915, and more dry holes were reported.
Major producers began to shut down or reduce operations in the early 1920s. By 1930, the population had dropped to 1,734. In 1940, the census reported a population of 1,407. The decline continued until reaching a low of 1,239 in 1970. There was a spike by 1980, when the census recorded 1,652, but the downward trend resumed through 2010.
Town officials have tried to stem the decline by promoting Yale as a retirement location.
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