Cost to Own
United StatesOklahomaOsage CountyMcCord Population 1,656 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in McCord, Oklahoma

A $183,000 home here costs

$1,580

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $941. The real number is $639 higher every month — 68% more than the payment most buyers budget for.

McCord median: $182,700
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $146,400 borrowed $941
Property tax0.791% effective rate for McCord itself $121
Homeowners insuranceOklahoma averages $2,155/yr (NAIC), or 1.163% of home value $177
Electricity13.38¢/kWh — Oklahoma residential average, EIA $120
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $153
Total monthly $1,580

McCord against Osage County and Oklahoma

MeasureMcCordOsage County
Median home value$182,700$172,300
Median property tax$1,446$1,253
Effective tax rate0.791%0.727%
Median gross rent$612$786
Population1,65645,963

The weather behind that power bill

McCord sits in Osage County, which averages a high of 92.3°F in its hottest month and a low of 24.8°F in its coldest, with 45.3" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 1,877 cooling and 3,704 heating degree days, which is what sets the $120 electricity line above.

See the full climate breakdown for Osage County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Osage County

Full Osage County cost breakdown · Every county in Oklahoma

Common questions

How much does it cost to own a home in McCord?

A $183,000 home in McCord, Oklahoma costs approximately $1,580 per month with 20% down at 6.66%. That is $941 principal and interest, $121 property tax, $177 homeowners insurance, $188 utilities and $153 set aside for maintenance.

What is the property tax rate in McCord?

McCord has an effective property tax rate of 0.791%, based on a median home value of $182,700 and median real estate taxes of $1,446. That is higher than the Osage County average of 0.727%.

What is the average home price in McCord?

The median owner-occupied home value in McCord, Oklahoma is $182,700, against $172,300 across Osage County.

Is it cheaper to rent or buy in McCord?

Median gross rent in McCord is $612 a month, against $1,580 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for McCord — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Oklahoma.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology