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Bromide

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

Median Home$101,664
Median Rent$786/month
Population125
Leading IndustriesInformation & Media · Finance & Insurance · Construction10% information & media
Home Value Growth+9.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners79% of occupied units
NotableAffordable Market$102k median home · lower cost than 91% of the country
Bromide
OK

Frequently Asked Questions

What are today's mortgage rates in Bromide?

As of today, the 30-year fixed mortgage rate for Bromide is approximately 6.953% (6.994% 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 Bromide?

The median home value in Bromide is $102k. The median monthly rent is $786. Annual property taxes average $543. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bromide?

Home values in Bromide have increased 9.6% over the past two years. This represents moderate growth. 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 Bromide?

Based on a typical all-in ownership cost of $540/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 Bromide is $50k/year.

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What industries drive the economy in Bromide?

The largest employment sectors in Bromide are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.