Total monthly cost of ownership
Cost to Own a Home in Mooreland, Oklahoma
A $141,000 home here costs
$1,217per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $725. The real number is $492 higher every month — 68% more than the payment most buyers budget for.
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 $120 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
Common questions
How much does it cost to own a home in Mooreland?
A $141,000 home in Mooreland, Oklahoma costs approximately $1,217 per month with 20% down at 6.66%. That is $725 principal and interest, $50 property tax, $137 homeowners insurance, $188 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 $1,217 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 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.