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Colbert

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

Median Home$158,500
Median Rent$937/month
Population1,112
Leading IndustriesArts, Food & Hospitality · Professional Services · Information & Media8% arts, food & hospitality
Home Value Growth⬆⬆⬆+34.6% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners79% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Colbert
OK

Frequently Asked Questions

What are today's mortgage rates in Colbert?

As of today, the 30-year fixed mortgage rate for Colbert is approximately 6.958% (6.996% 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 Colbert?

The median home value in Colbert is $159k. The median monthly rent is $937. Annual property taxes average $777. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Colbert?

Home values in Colbert have increased 34.6% 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 Colbert?

Based on a typical all-in ownership cost of $741/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 Colbert is $60k/year.

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What industries drive the economy in Colbert?

The largest employment sectors in Colbert are public administration (24%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.