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Armstrong

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

Median Home$203,000
Median Rent$964/month
Population132
Leading IndustriesPublic Administration · Construction · Wholesale Trade30% public administration
Home Value Growth+10.7% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners84% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Armstrong
OK

Frequently Asked Questions

What are today's mortgage rates in Armstrong?

As of today, the 30-year fixed mortgage rate for Armstrong is approximately 7.036% (7.077% 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 Armstrong?

The median home value in Armstrong is $203k. The median monthly rent is $964. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Armstrong?

Home values in Armstrong have increased 10.7% 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 Armstrong?

Based on a typical all-in ownership cost of $776/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Armstrong is $72k/year.

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What industries drive the economy in Armstrong?

The largest employment sectors in Armstrong are public administration (30%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.