Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Shady Grove

Learn about the people, housing, costs and businesses in Shady Grove, Oklahoma

Median Home$160,233
Median Rent$782/month
Population519
Leading IndustriesManufacturing · Wholesale Trade · Agriculture & Mining6% manufacturing
Home Value Growth⬆⬆⬆+23.2% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners78% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$160k median home · lower cost than 70% of the country
Shady Grove
OK

Frequently Asked Questions

What are today's mortgage rates in Shady Grove?

As of today, the 30-year fixed mortgage rate for Shady Grove 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.

View current rates for Shady Grove
What is the median home price in Shady Grove?

The median home value in Shady Grove is $160k. The median monthly rent is $782. Annual property taxes average $626. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shady Grove?

Home values in Shady Grove have increased 23.2% 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 Shady Grove?

Based on a typical all-in ownership cost of $550/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 Shady Grove is $48k/year.

Calculate your buying power
What industries drive the economy in Shady Grove?

The largest employment sectors in Shady Grove are public administration (24%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.