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Oakwood

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

Median Home$146,700
Median Rent$1,029/month
Population62
Leading IndustriesFinance & Insurance · Information & Media · Construction11% finance & insurance
Retirees26% of residentsabove average nationally
Homeowners82% of occupied units
Oakwood
OK

Frequently Asked Questions

What are today's mortgage rates in Oakwood?

As of today, the 30-year fixed mortgage rate for Oakwood is approximately 6.982% (7.021% 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?

The median home value in Oakwood is $147k. The median monthly rent is $1,029. Annual property taxes average $841. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Oakwood?

Based on a typical all-in ownership cost of $694/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 Oakwood is $60k/year.

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What industries drive the economy in Oakwood?

The largest employment sectors in Oakwood are public administration (22%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.