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Nicoma Park

Learn about the people, housing, costs and businesses in Nicoma Park, Oklahoma

Median Home$162,300
Median Rent$1,163/month
Population2,609
Leading IndustriesTransportation · Healthcare · Wholesale Trade5% transportation
Home Value Growth+6.0% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners69% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Nicoma Park
OK

Frequently Asked Questions

What are today's mortgage rates in Nicoma Park?

As of today, the 30-year fixed mortgage rate for Nicoma Park is approximately 6.939% (6.977% 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 Nicoma Park?

The median home value in Nicoma Park is $162k. The median monthly rent is $1,163. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nicoma Park?

Home values in Nicoma Park have increased 6.0% 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 Nicoma Park?

Based on a typical all-in ownership cost of $906/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nicoma Park is $58k/year.

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What industries drive the economy in Nicoma Park?

The largest employment sectors in Nicoma Park are public administration (22%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.