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Nowata

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

Median Home$102,800
Median Rent$767/month
Population3,555
Leading IndustriesEducation · Public Administration · Manufacturing3% education
Home Value Growth-2.5% over 2 years
Young Adults35% of residentswell above average
Homeowners64% of occupied units
NotableAmenity Score69/100 · highly walkable area
NotableAffordable Market$103k median home · lower cost than 91% of the country
Nowata
OK

Frequently Asked Questions

What are today's mortgage rates in Nowata?

As of today, the 30-year fixed mortgage rate for Nowata is approximately 7.252% (7.301% 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 Nowata?

The median home value in Nowata is $103k. The median monthly rent is $767. Annual property taxes average $734. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nowata?

Home values in Nowata have decreased 2.5% over the past two years. Buyers may find more negotiating room in this market. 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 Nowata?

Based on a typical all-in ownership cost of $742/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 Nowata is $49k/year.

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What industries drive the economy in Nowata?

The largest employment sectors in Nowata are public administration (27%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.