The total population of Okolona is estimated to be 315 with 125 males (39.68%) and 190 females (60.32%). There are 65 more females than males in Okolona.
In 2022, the population of Okolona was 99, a 1.02% increase year-by-year from 2021. Previously, in 2021, Okolona's population was 98, a decline of 0.00% compared to a population of 98 in 2020.
The median age in Okolona, AR is 42.2, as per 2021 ACS 5-Year Estimates. Of the total population, 4.78% were under the age of 15, 40.76% aged 15 to 29, 46.18% aged 30 to 64, 7.96% aged 65 to 84, and 0.32% were 85 years of age and older.