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Hugo

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

Median Home$105,650
Median Rent$597/month
Population5,184
Leading IndustriesEducation · Arts, Food & Hospitality · Professional Services5% education
Family-Friendly28% of residentswell above average
Renters54% of occupied units
NotableAffordable Market$106k median home · lower cost than 90% of the country
NotableHighly Educated28% bachelor's · 18% graduate · top 12% nationally
Hugo
OK

Frequently Asked Questions

What are today's mortgage rates in Hugo?

As of today, the 30-year fixed mortgage rate for Hugo is approximately 6.852% (6.886% 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 Hugo?

The median home value in Hugo is $106k. The median monthly rent is $597. Annual property taxes average $514. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Hugo?

Based on a typical all-in ownership cost of $605/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 Hugo is $38k/year.

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What industries drive the economy in Hugo?

The largest employment sectors in Hugo are public administration (20%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.