Total monthly cost of ownership
Cost to Own a Home in Okmulgee, Oklahoma
A $90,000 home here costs
$859per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $463. The real number is $396 higher every month — 86% 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.
Okmulgee against Okmulgee County and Oklahoma
| Measure | Okmulgee | Okmulgee County |
|---|---|---|
| Median home value | $90,200 | $114,600 |
| Median property tax | $553 | $788 |
| Effective tax rate | 0.613% | 0.688% |
| Median gross rent | $799 | $811 |
| Population | 11,370 | 36,922 |
Okmulgee extends across 2 counties. Figures here use Okmulgee County, where most of its housing sits.
The weather behind that power bill
Okmulgee sits in Okmulgee County, which averages a high of 94.0°F in its hottest month and a low of 28.1°F in its coldest, with 42.09" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 2,146 cooling and 3,374 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Okmulgee County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Okmulgee County
Full Okmulgee County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Okmulgee?
A $90,000 home in Okmulgee, Oklahoma costs approximately $859 per month with 20% down at 6.66%. That is $463 principal and interest, $46 property tax, $87 homeowners insurance, $188 utilities and $75 set aside for maintenance.
What is the property tax rate in Okmulgee?
Okmulgee has an effective property tax rate of 0.613%, based on a median home value of $90,200 and median real estate taxes of $553. That is lower than the Okmulgee County average of 0.688%.
What is the average home price in Okmulgee?
The median owner-occupied home value in Okmulgee, Oklahoma is $90,200, against $114,600 across Okmulgee County.
Is it cheaper to rent or buy in Okmulgee?
Median gross rent in Okmulgee is $799 a month, against $859 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 Okmulgee — 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.