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Salina

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

Median Home$122,100
Median Rent$687/month
Population1,002
Leading IndustriesInformation & Media · Public Administration · Finance & Insurance10% information & media
Home Value Growth⬆⬆+14.8% over 2 years
Retirees21% of residentsnear the national average
Homeowners76% of occupied units
NotableAffordable Market$122k median home · lower cost than 83% of the country
NotableVeteran Community9% of residents · top 22% nationally
Salina
OK

Frequently Asked Questions

What are today's mortgage rates in Salina?

As of today, the 30-year fixed mortgage rate for Salina is approximately 6.937% (6.974% 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 Salina?

The median home value in Salina is $122k. The median monthly rent is $687. Annual property taxes average $727. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Salina?

Home values in Salina have increased 14.8% 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 Salina?

Based on a typical all-in ownership cost of $656/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Salina is $46k/year.

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What industries drive the economy in Salina?

The largest employment sectors in Salina are public administration (31%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.