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Claremore

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

Median Home$183,668
Median Rent$1,042/month
Population20,007
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare3% education
Home Value Growth⬆⬆⬆+25.6% over 2 years
Retirees22% of residentsnear the national average
Homeowners56% of occupied units
NotableHighly Educated29% bachelor's · 12% graduate · top 10% nationally
NotableAmenity Score67/100 · highly walkable area
Claremore
OK

Frequently Asked Questions

What are today's mortgage rates in Claremore?

As of today, the 30-year fixed mortgage rate for Claremore is approximately 6.881% (6.917% 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 Claremore?

The median home value in Claremore is $184k. The median monthly rent is $1,042. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Claremore?

Home values in Claremore have increased 25.6% 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 Claremore?

Based on a typical all-in ownership cost of $1,033/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Claremore is $61k/year.

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What industries drive the economy in Claremore?

The largest employment sectors in Claremore are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.