Total monthly cost of ownership
Cost to Own a Home in Pauls Valley, Oklahoma
A $84,000 home here costs
$885per 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 $38,000 a year.
A standard mortgage calculator would have told you $458. The real number is $427 higher every month, 93% more than the payment most buyers budget for.
Compare Garvin County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Pauls Valley against Garvin County and Oklahoma
| Measure | Pauls Valley | Garvin County |
|---|---|---|
| Median home value | $84,100 | $132,600 |
| Median property tax | $572 | $750 |
| Effective tax rate | 0.680% | 0.566% |
| Median gross rent | $814 | $828 |
| Population | 6,031 | 25,779 |
The weather behind that power bill
Pauls Valley sits in Garvin County, which averages a high of 95.0°F in its hottest month and a low of 27.2°F in its coldest, with 38.4" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 2,095 cooling and 3,334 heating degree days, which is what sets the $160 electricity line above.
See the full climate breakdown for Garvin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Garvin County
Full Garvin County cost breakdown · Every county in Oklahoma
Talk to someone who works this market
These are Pauls Valley 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 Pauls Valley every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Pauls Valley I already own here and may sell
Common questions
How much does it cost to own a home in Pauls Valley?
A $84,000 home in Pauls Valley, Oklahoma costs approximately $885 per month with 20% down at 7.24%. That is $458 principal and interest, $48 property tax, $81 homeowners insurance, $228 utilities and $70 set aside for maintenance.
What is the property tax rate in Pauls Valley?
Pauls Valley has an effective property tax rate of 0.680%, based on a median home value of $84,100 and median real estate taxes of $572. That is higher than the Garvin County average of 0.566%.
What is the average home price in Pauls Valley?
The median owner-occupied home value in Pauls Valley, Oklahoma is $84,100, against $132,600 across Garvin County.
Is it cheaper to rent or buy in Pauls Valley?
Median gross rent in Pauls Valley is $814 a month, against $885 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 Pauls Valley?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Pauls Valley, Oklahoma at today's rate takes a household income of roughly $38,000 a year. That covers the full $885 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Pauls Valley, 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.