Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Milfay

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

Median Home$179,000
Median Rent$1,064/month
Population71
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services23% arts, food & hospitality
Home Value Growth+6.4% over 2 years
Young Adults41% of residentstop 2% nationally
Homeowners82% of occupied units
NotableHighly Educated30% bachelor's · 23% graduate · top 9% nationally
Milfay
OK

Frequently Asked Questions

What are today's mortgage rates in Milfay?

As of today, the 30-year fixed mortgage rate for Milfay is approximately 6.866% (6.901% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Milfay
What is the median home price in Milfay?

The median home value in Milfay is $179k. The median monthly rent is $1,064. Annual property taxes average $856. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Milfay?

Home values in Milfay have increased 6.4% 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 Milfay?

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 Milfay is $54k/year.

Calculate your buying power
What industries drive the economy in Milfay?

The largest employment sectors in Milfay are healthcare (26%) and arts, food, and hospitality (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.