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Bowlegs

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

Median Home$86,800
Median Rent$713/month
Population393
Leading IndustriesHealthcare · Wholesale Trade · Education14% healthcare
Home Value Growth⬆⬆⬆+31.9% over 2 years
Retirees29% of residentswell above average
Homeowners85% of occupied units
NotableAffordable Market$87k median home · lower cost than 96% of the country
Bowlegs
OK

Frequently Asked Questions

What are today's mortgage rates in Bowlegs?

As of today, the 30-year fixed mortgage rate for Bowlegs is approximately 6.891% (6.927% 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 Bowlegs?

The median home value in Bowlegs is $87k. The median monthly rent is $713. Annual property taxes average $630. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bowlegs?

Home values in Bowlegs have increased 31.9% 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 Bowlegs?

Based on a typical all-in ownership cost of $538/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bowlegs is $63k/year.

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What industries drive the economy in Bowlegs?

The largest employment sectors in Bowlegs are public administration (23%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.