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Wright

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

Median Home$83,500
Median Rent$725/month
Population582
Leading IndustriesInformation & Media · Finance & Insurance · Manufacturing10% information & media
Home Value Growth-6.4% over 2 years
Young Adults27% of residentsnear the national average
Homeowners82% of occupied units
NotableAffordable Market$84k median home · lower cost than 96% of the country
Wright City
OK

Frequently Asked Questions

What are today's mortgage rates in Wright?

As of today, the 30-year fixed mortgage rate for Wright is approximately 7.012% (7.052% 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 Wright?

The median home value in Wright is $84k. The median monthly rent is $725. Annual property taxes average $361. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wright?

Home values in Wright have decreased 6.4% over the past two years. Buyers may find more negotiating room in this market. 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 Wright?

Based on a typical all-in ownership cost of $506/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wright is $48k/year.

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What industries drive the economy in Wright?

The largest employment sectors in Wright are public administration (23%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.