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Vera

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

Median Home$220,000
Median Rent$878/month
Population338
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade13% finance & insurance
Home Value Growth+6.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners83% of occupied units
NotableTransit81/100 · excellent transit access
Vera
OK

Frequently Asked Questions

What are today's mortgage rates in Vera?

As of today, the 30-year fixed mortgage rate for Vera is approximately 6.859% (6.894% 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 Vera?

The median home value in Vera is $220k. The median monthly rent is $878. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Vera?

Home values in Vera have increased 6.3% over the past two years. This represents moderate growth. 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 Vera?

Based on a typical all-in ownership cost of $904/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Vera is $63k/year.

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What industries drive the economy in Vera?

The largest employment sectors in Vera are public administration (16%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.