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Oakwood Park

Learn about the people, housing, costs and businesses in Oakwood Park, Missouri

Median Home$212,600
Median Rent$910/month
Population197
Leading IndustriesFinance & Insurance · Information & Media · Arts, Food & Hospitality9% finance & insurance
Home Value Growth⬆⬆+17.4% over 2 years
Young Adults30% of residentsabove average nationally
Renters56% of occupied units
Oakwood Park
MO

Frequently Asked Questions

What are today's mortgage rates in Oakwood Park?

As of today, the 30-year fixed mortgage rate for Oakwood Park is approximately 7.046% (7.087% 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 Oakwood Park?

The median home value in Oakwood Park is $213k. The median monthly rent is $910. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Oakwood Park?

Home values in Oakwood Park have increased 17.4% 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 Oakwood Park?

Based on a typical all-in ownership cost of $968/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Oakwood Park is $47k/year.

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What industries drive the economy in Oakwood Park?

The largest employment sectors in Oakwood Park are public administration (16%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.