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Rocky Mountain

Learn about the people, housing, costs and businesses in Rocky Mountain, Oklahoma

Median Home$129,900
Median Rent$690/month
Population468
Leading IndustriesTransportation · Retail · Finance & Insurance8% transportation
Home Value Growth⬆⬆⬆+25.9% over 2 years
Young Adults29% of residentsslightly above average
Homeowners75% of occupied units
NotableAffordable Market$130k median home · lower cost than 81% of the country
Rocky Mountain
OK

Frequently Asked Questions

What are today's mortgage rates in Rocky Mountain?

As of today, the 30-year fixed mortgage rate for Rocky Mountain is approximately 6.953% (6.994% 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 Rocky Mountain?

The median home value in Rocky Mountain is $130k. The median monthly rent is $690. Annual property taxes average $552. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rocky Mountain?

Home values in Rocky Mountain have increased 25.9% 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 Rocky Mountain?

Based on a typical all-in ownership cost of $587/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rocky Mountain is $58k/year.

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What industries drive the economy in Rocky Mountain?

The largest employment sectors in Rocky Mountain are retail (29%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.