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Blanchard

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

Median Home$277,692
Median Rent$1,007/month
Population9,437
Leading IndustriesManufacturing · Public Administration2% manufacturing
Home Value Growth⬆⬆+20.0% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners81% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Blanchard
OK

Frequently Asked Questions

What are today's mortgage rates in Blanchard?

As of today, the 30-year fixed mortgage rate for Blanchard is approximately 6.906% (6.942% 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 Blanchard?

The median home value in Blanchard is $278k. The median monthly rent is $1,007. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Blanchard?

Home values in Blanchard have increased 20.0% 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 Blanchard?

Based on a typical all-in ownership cost of $1,265/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Blanchard is $89k/year.

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What industries drive the economy in Blanchard?

The largest employment sectors in Blanchard are public administration (27%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.