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Chester

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

Median Home$188,100
Median Rent$718/month
Population164
Leading IndustriesPublic Administration · Manufacturing34% public administration
Young Adults50% of residentstop 1% nationally
Homeowners79% of occupied units
NotableHighly Educated25% bachelor's · 14% graduate · top 18% nationally
NotableHigh Incomes$86k/year · top 29% nationally
Chester
OK

Frequently Asked Questions

What are today's mortgage rates in Chester?

As of today, the 30-year fixed mortgage rate for Chester is approximately 7.378% (7.431% 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 Chester?

The median home value in Chester is $188k. The median monthly rent is $718. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Chester?

Based on a typical all-in ownership cost of $743/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chester is $86k/year.

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What industries drive the economy in Chester?

The largest employment sectors in Chester are public administration (34%) and wholesale trade (6%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.