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Byng

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

Median Home$156,223
Median Rent$917/month
Population1,300
Leading IndustriesInformation & Media · Finance & Insurance · Transportation10% information & media
Home Value Growth-0.7% over 2 years
Young Adults25% of residents
Homeowners80% of occupied units
Byng
OK

Frequently Asked Questions

What are today's mortgage rates in Byng?

As of today, the 30-year fixed mortgage rate for Byng is approximately 6.967% (7.009% 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 Byng?

The median home value in Byng is $156k. The median monthly rent is $917. Annual property taxes average $883. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Byng?

Home values in Byng have decreased 0.7% over the past two years. Buyers may find more negotiating room in this market. 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 Byng?

Based on a typical all-in ownership cost of $791/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Byng is $68k/year.

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What industries drive the economy in Byng?

The largest employment sectors in Byng are public administration (20%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.