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Hochatown

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

Median Home$143,006
Median Rent$612/month
Population244
Leading IndustriesFinance & Insurance · Construction · Agriculture & Mining9% finance & insurance
Home Value Growth-5.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners86% of occupied units
NotableAffordable Market$143k median home · lower cost than 77% of the country
Hochatown
OK

Frequently Asked Questions

What are today's mortgage rates in Hochatown?

As of today, the 30-year fixed mortgage rate for Hochatown is approximately 6.880% (6.915% 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 Hochatown?

The median home value in Hochatown is $143k. The median monthly rent is $612. Annual property taxes average $486. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hochatown?

Home values in Hochatown have decreased 5.8% over the past two years. Buyers may find more negotiating room in this market. 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 Hochatown?

Based on a typical all-in ownership cost of $603/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hochatown is $64k/year.

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What industries drive the economy in Hochatown?

The largest employment sectors in Hochatown are public administration (22%) and agriculture and mining (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.