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Madill

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

Median Home$146,739
Median Rent$841/month
Population8,663
Leading IndustriesTransportation · Retail · Manufacturing4% transportation
Home Value Growth⬆⬆+16.0% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners70% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableAffordable Market$147k median home · lower cost than 85% of the country
Madill
OK

Frequently Asked Questions

What are today's mortgage rates in Madill?

As of today, the 30-year fixed mortgage rate for Madill is approximately 6.996% (7.036% 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 Madill?

The median home value in Madill is $147k. The median monthly rent is $841. Annual property taxes average $823. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Madill?

Home values in Madill have increased 16.0% 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 Madill?

Based on a typical all-in ownership cost of $676/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 Madill is $56k/year.

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What industries drive the economy in Madill?

The largest employment sectors in Madill are retail (21%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.