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Rattan

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

Median Home$154,200
Median Rent$841/month
Population279
Leading IndustriesProfessional Services · Healthcare · Finance & Insurance8% professional services
Retirees22% of residentsnear the national average
Homeowners83% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$154k median home · lower cost than 72% of the country
Rattan
OK

Frequently Asked Questions

What are today's mortgage rates in Rattan?

As of today, the 30-year fixed mortgage rate for Rattan is approximately 6.913% (6.950% 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 Rattan?

The median home value in Rattan is $154k. The median monthly rent is $841. Annual property taxes average $552. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $560/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rattan is $62k/year.

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What industries drive the economy in Rattan?

The largest employment sectors in Rattan are public administration (19%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.