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Canute

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

Median Home$126,000
Median Rent$852/month
Population525
Leading IndustriesEducation · Professional Services · Finance & Insurance5% education
Home Value Growth+10.2% over 2 years
Retirees35% of residentstop 3% nationally
Homeowners69% of occupied units
NotableTransit91/100 · excellent transit access
Canute
OK

Frequently Asked Questions

What are today's mortgage rates in Canute?

As of today, the 30-year fixed mortgage rate for Canute is approximately 6.939% (6.977% 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 Canute?

The median home value in Canute is $126k. The median monthly rent is $852. Annual property taxes average $627. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Canute?

Home values in Canute have increased 10.2% 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 Canute?

Based on a typical all-in ownership cost of $733/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 Canute is $59k/year.

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What industries drive the economy in Canute?

The largest employment sectors in Canute are public administration (18%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.