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Foraker

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

Median Home$102,600
Median Rent$750/month
Population21
Leading IndustriesConstruction · Wholesale Trade · Agriculture & Mining6% construction
Home Value Growth⬆⬆+13.9% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners88% of occupied units
NotableTransit83/100 · excellent transit access
NotableAffordable Market$103k median home · lower cost than 91% of the country
Foraker
OK

Frequently Asked Questions

What are today's mortgage rates in Foraker?

As of today, the 30-year fixed mortgage rate for Foraker is approximately 6.904% (6.940% 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 Foraker?

The median home value in Foraker is $103k. The median monthly rent is $750. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Foraker?

Home values in Foraker have increased 13.9% 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 Foraker?

Based on a typical all-in ownership cost of $652/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Foraker is $71k/year.

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What industries drive the economy in Foraker?

The largest employment sectors in Foraker are public administration (16%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.