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Butler

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

Median Home$139,800
Median Rent$775/month
Population210
Leading IndustriesWholesale Trade · Construction · Manufacturing12% wholesale trade
Home Value Growth+6.3% over 2 years
Young Adults27% of residentsnear the national average
Homeowners83% of occupied units
NotableAffordable Market$140k median home · lower cost than 78% of the country
Butler
OK

Frequently Asked Questions

What are today's mortgage rates in Butler?

As of today, the 30-year fixed mortgage rate for Butler is approximately 6.978% (7.017% 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 Butler?

The median home value in Butler is $140k. The median monthly rent is $775. Annual property taxes average $709. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Butler?

Home values in Butler have increased 6.3% 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 Butler?

Based on a typical all-in ownership cost of $716/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Butler is $72k/year.

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What industries drive the economy in Butler?

The largest employment sectors in Butler are public administration (23%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.