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Nicut

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

Median Home$132,700
Median Rent$814/month
Population324
Leading IndustriesPublic Administration · Manufacturing · Professional Services30% public administration
Home Value Growth⬆⬆⬆+35.0% over 2 years
Young Adults49% of residentstop 1% nationally
Homeowners80% of occupied units
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
NotableAffordable Market$133k median home · lower cost than 80% of the country
Nicut
OK

Frequently Asked Questions

What are today's mortgage rates in Nicut?

As of today, the 30-year fixed mortgage rate for Nicut is approximately 6.947% (6.985% 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 Nicut?

The median home value in Nicut is $133k. The median monthly rent is $814. Annual property taxes average $574. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nicut?

Home values in Nicut have increased 35.0% 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 Nicut?

Based on a typical all-in ownership cost of $695/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nicut is $49k/year.

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What industries drive the economy in Nicut?

The largest employment sectors in Nicut are public administration (30%) and healthcare (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.