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Loco

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

Median Home$107,000
Median Rent$777/month
Population99
Leading IndustriesWholesale Trade · Agriculture & Mining · Construction13% wholesale trade
Home Value Growth+10.3% over 2 years
Retirees31% of residentswell above average
Homeowners82% of occupied units
NotableVeteran Community16% of residents · top 1% nationally
NotableAffordable Market$107k median home · lower cost than 89% of the country
Loco
OK

Frequently Asked Questions

What are today's mortgage rates in Loco?

As of today, the 30-year fixed mortgage rate for Loco is approximately 6.951% (6.989% 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 Loco?

The median home value in Loco is $107k. The median monthly rent is $777. Annual property taxes average $781. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Loco?

Home values in Loco have increased 10.3% 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 Loco?

Based on a typical all-in ownership cost of $672/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Loco is $63k/year.

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What industries drive the economy in Loco?

The largest employment sectors in Loco are public administration (29%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.