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Dacoma

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

Median Home$95,900
Median Rent$773/month
Population105
Leading IndustriesRetail · Transportation · Manufacturing25% retail
Home Value Growth+2.4% over 2 years
Retirees21% of residentsnear the national average
Homeowners87% of occupied units
NotableTransit79/100 · excellent transit access
NotableAffordable Market$96k median home · lower cost than 93% of the country
Dacoma
OK

Frequently Asked Questions

What are today's mortgage rates in Dacoma?

As of today, the 30-year fixed mortgage rate for Dacoma is approximately 7.032% (7.076% 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 Dacoma?

The median home value in Dacoma is $96k. The median monthly rent is $773. Annual property taxes average $598. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dacoma?

Home values in Dacoma have increased 2.4% over the past two years. The market has been relatively stable. 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 Dacoma?

Based on a typical all-in ownership cost of $723/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 Dacoma is $64k/year.

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What industries drive the economy in Dacoma?

The largest employment sectors in Dacoma are public administration (26%) and retail (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.