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Lawton

Learn about the people, housing, costs and businesses in Lawton

Median Home$160,917
Median Rent$1,018/month
Population127,310
Leading IndustriesManufacturing · Public Administration1% manufacturing
Home Value Growth⬆+8.4% over 2 years
Young Adults34% of residentsabove average nationally
Homeowners57% of occupied units
NotableVeteran Community18% of residents · top 1% nationally
NotableAffordable Market$161k median home · lower cost than 93% of the country
Lawton

Explore Lawton

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lawton?›

Mortgage rates for Lawton are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Lawton?›

The median home value in Lawton is $161k. The median monthly rent is $1,018. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lawton?›

Home values in Lawton have increased 8.4% over the past two years. This represents moderate growth. 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 Lawton?›

Based on a typical all-in ownership cost of $1,000/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lawton is $65k/year.

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What industries drive the economy in Lawton?›

The largest employment sectors in Lawton are public administration (28%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.