5.97%
15-Year Fixed Rate
WiseIQ Expert Tip
A 0.5% difference in mortgage rate on a $350,000 loan saves over $35,000 in interest over 30 years. Always get at least 3 quotes before choosing a lender.
$65,039
Median Household Income
Oklahoma Financial Snapshot
Mortgage in Oklahoma: What You Need to Know
Oklahoma, known as the Sooner State, has a population of 4.0M with a median household income of approximately $54,000. The current unemployment rate stands at 3.2%, which lenders consider when evaluating applications from Oklahoma residents.
4.0M
Population
$54,000
Median Income
3.2%
Unemployment
Major financial hub: Oklahoma City is the primary financial center for Oklahoma residents, with access to both national and regional lenders.
Oklahoma is a state with a median household income of $65,039 and a per capita income of $35,624. The poverty rate stands at 14.9%. The owner-occupied housing unit rate is 65.8%, with a median value of owner-occupied housing units at $199,800. The median monthly owner costs with a mortgage are $1,539, and the median gross rent is $1,014.