Total monthly cost of ownership
Cost to Own a Home in Shattuck, Oklahoma
A $133,000 home here costs
$1,283per 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 $55,000 a year.
A standard mortgage calculator would have told you $725. The real number is $558 higher every month, 77% more than the payment most buyers budget for.
Compare Ellis County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Shattuck from a five-year rolling sample, and with about 1,185 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 Ellis 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.
Shattuck against Ellis County and Oklahoma
| Measure | Shattuck | Ellis County |
|---|---|---|
| Median home value | $132,800 | $122,500 |
| Median property tax | $1,082 | $916 |
| Effective tax rate | 0.815% | 0.748% |
| Median gross rent | $702 | $728 |
| Population | 1,185 | 3,717 |
The weather behind that power bill
Shattuck sits in Ellis 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 Ellis County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ellis County
No other places of this size are published in Ellis County.
Talk to someone who works this market
These are Shattuck 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 Shattuck every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Shattuck I already own here and may sell
Common questions
How much does it cost to own a home in Shattuck?
A $133,000 home in Shattuck, Oklahoma costs approximately $1,283 per month with 20% down at 7.24%. That is $725 principal and interest, $90 property tax, $129 homeowners insurance, $228 utilities and $111 set aside for maintenance.
What is the property tax rate in Shattuck?
Shattuck has an effective property tax rate of 0.815%, based on a median home value of $132,800 and median real estate taxes of $1,082. That is higher than the Ellis County average of 0.748%.
What is the average home price in Shattuck?
The median owner-occupied home value in Shattuck, Oklahoma is $132,800, against $122,500 across Ellis County.
Is it cheaper to rent or buy in Shattuck?
Median gross rent in Shattuck is $702 a month, against $1,283 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 Shattuck?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Shattuck, Oklahoma at today's rate takes a household income of roughly $55,000 a year. That covers the full $1,283 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Shattuck, 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.