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Spiro

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

Median Home$115,819
Median Rent$765/month
Population2,066
Leading IndustriesManufacturing · Wholesale Trade · Agriculture & Mining3% manufacturing
Home Value Growth⬆⬆+19.7% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners71% of occupied units
NotableAffordable Market$116k median home · lower cost than 86% of the country
Spiro
OK

Frequently Asked Questions

What are today's mortgage rates in Spiro?

As of today, the 30-year fixed mortgage rate for Spiro is approximately 7.372% (7.424% 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 Spiro?

The median home value in Spiro is $116k. The median monthly rent is $765. Annual property taxes average $817. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Spiro?

Home values in Spiro have increased 19.7% 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 Spiro?

Based on a typical all-in ownership cost of $664/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 Spiro is $46k/year.

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What industries drive the economy in Spiro?

The largest employment sectors in Spiro are public administration (24%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.