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Reagan

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

Median Home$202,300
Median Rent$1,000/month
Population59
Leading IndustryEducation3% of local workforce
Home Value Growth+9.6% over 2 years
Retirees21% of residentsnear the national average
Homeowners88% of occupied units
Reagan
OK

Frequently Asked Questions

What are today's mortgage rates in Reagan?

As of today, the 30-year fixed mortgage rate for Reagan is approximately 6.885% (6.921% 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 Reagan?

The median home value in Reagan is $202k. The median monthly rent is $1,000. Annual property taxes average $925. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Reagan?

Home values in Reagan have increased 9.6% over the past two years. This represents moderate growth. 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 Reagan?

Based on a typical all-in ownership cost of $569/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 Reagan is $67k/year.

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What industries drive the economy in Reagan?

The largest employment sectors in Reagan are public administration (25%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.