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Ada

Learn about the people, housing, costs and businesses in Ada, Oklahoma

Median Home$134,132
Median Rent$879/month
Population15,898
Leading IndustryManufacturing1% of local workforce
Home Value Growth⬆⬆+14.7% over 2 years
Young Adults34% of residentswell above average
Renters52% of occupied units
Ada
OK

Frequently Asked Questions

What are today's mortgage rates in Ada?

As of today, the 30-year fixed mortgage rate for Ada is approximately 6.954% (6.992% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ada?

The median home value in Ada is $134k. The median monthly rent is $879. Annual property taxes average $911. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ada?

Home values in Ada have increased 14.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ada?

Based on a typical all-in ownership cost of $879/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ada is $52k/year.

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What industries drive the economy in Ada?

The largest employment sectors in Ada are public administration (25%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.