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Minco

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

Median Home$169,800
Median Rent$554/month
Population1,620
Leading IndustriesEducation · Wholesale Trade · Manufacturing3% education
Home Value Growth+10.0% over 2 years
Young Adults28% of residentsnear the national average
Homeowners69% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableAffordable Market$170k median home · lower cost than 65% of the country
Minco
OK

Frequently Asked Questions

What are today's mortgage rates in Minco?

As of today, the 30-year fixed mortgage rate for Minco is approximately 6.898% (6.934% 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 Minco?

The median home value in Minco is $170k. The median monthly rent is $554. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Minco?

Home values in Minco have increased 10.0% 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 Minco?

Based on a typical all-in ownership cost of $755/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Minco is $74k/year.

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What industries drive the economy in Minco?

The largest employment sectors in Minco are public administration (22%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.