Total monthly cost of ownership
Cost to Own a Home in Mooreland, Oklahoma
A $141,000 home here costs
$1,301per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $55,500 a year.
A standard mortgage calculator would have told you $769. The real number is $532 higher every month, 69% more than the payment most buyers budget for.
Compare Woodward County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Mooreland from a five-year rolling sample, and with about 1,294 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Woodward County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Mooreland against Woodward County and Oklahoma
| Measure | Mooreland | Woodward County |
|---|---|---|
| Median home value | $141,200 | $178,000 |
| Median property tax | $598 | $1,105 |
| Effective tax rate | 0.424% | 0.621% |
| Median gross rent | $1,033 | $847 |
| Population | 1,294 | 20,260 |
The weather behind that power bill
Mooreland sits in Woodward County, which averages a high of 95.1°F in its hottest month and a low of 22.4°F in its coldest, with 21.41" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 1,916 cooling and 4,025 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Woodward County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Woodward County
Full Woodward County cost breakdown · Every county in Oklahoma
Talk to someone who works this market
These are Mooreland averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Mooreland every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Mooreland I already own here and may sell
Common questions
How much does it cost to own a home in Mooreland?
A $141,000 home in Mooreland, Oklahoma costs approximately $1,301 per month with 20% down at 7.24%. That is $769 principal and interest, $50 property tax, $137 homeowners insurance, $228 utilities and $118 set aside for maintenance.
What is the property tax rate in Mooreland?
Mooreland has an effective property tax rate of 0.424%, based on a median home value of $141,200 and median real estate taxes of $598. That is lower than the Woodward County average of 0.621%.
What is the average home price in Mooreland?
The median owner-occupied home value in Mooreland, Oklahoma is $141,200, against $178,000 across Woodward County.
Is it cheaper to rent or buy in Mooreland?
Median gross rent in Mooreland is $1,033 a month, against $1,301 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Mooreland?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Mooreland, Oklahoma at today's rate takes a household income of roughly $55,500 a year. That covers the full $1,301 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Mooreland, 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.