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Grandfield

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

Median Home$67,300
Median Rent$711/month
Population884
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education18% healthcare
Home Value Growth⬆⬆⬆+31.9% over 2 years
Young Adults37% of residentstop 4% nationally
Homeowners69% of occupied units
NotableHighly Educated31% bachelor's · 14% graduate · top 7% nationally
NotableTransit81/100 · excellent transit access
Grandfield
OK

Frequently Asked Questions

What are today's mortgage rates in Grandfield?

As of today, the 30-year fixed mortgage rate for Grandfield is approximately 6.883% (6.919% 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 Grandfield?

The median home value in Grandfield is $67k. The median monthly rent is $711. Annual property taxes average $357. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grandfield?

Home values in Grandfield have increased 31.9% 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 Grandfield?

Based on a typical all-in ownership cost of $438/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $19k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grandfield is $33k/year.

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What industries drive the economy in Grandfield?

The largest employment sectors in Grandfield are public administration (24%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.