Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Terral

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

Median Home$67,400
Median Rent$533/month
Population307
Leading IndustriesProfessional Services · Manufacturing · Construction3% professional services
Family-Friendly24% of residentsslightly above average
Homeowners71% of occupied units
NotableAffordable Market$67k median home · lower cost than 99% of the country
Terral
OK

Frequently Asked Questions

What are today's mortgage rates in Terral?

As of today, the 30-year fixed mortgage rate for Terral is approximately 6.874% (6.909% 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 Terral
What is the median home price in Terral?

The median home value in Terral is $67k. The median monthly rent is $533. Annual property taxes average $385. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Terral?

Based on a typical all-in ownership cost of $479/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Terral is $53k/year.

Calculate your buying power
What industries drive the economy in Terral?

The largest employment sectors in Terral are public administration (21%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.