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Pettit

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

Median Home$168,606
Median Rent$966/month
Population839
Leading IndustriesWholesale Trade · Education10% wholesale trade
Home Value Growth⬆⬆⬆+38.2% over 2 years
Young Adults23% of residents
Homeowners79% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Pettit
OK

Frequently Asked Questions

What are today's mortgage rates in Pettit?

As of today, the 30-year fixed mortgage rate for Pettit is approximately 6.868% (6.903% 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 Pettit?

The median home value in Pettit is $169k. The median monthly rent is $966. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pettit?

Home values in Pettit have increased 38.2% 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 Pettit?

Based on a typical all-in ownership cost of $821/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pettit is $60k/year.

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What industries drive the economy in Pettit?

The largest employment sectors in Pettit are public administration (24%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.