Total monthly cost of ownership
Cost to Own a Home in Toppers, Oklahoma
A $117,000 home here costs
$1,118per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $601. The real number is $517 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.
Toppers against Wagoner County and Oklahoma
| Measure | Toppers | Wagoner County |
|---|---|---|
| Median home value | $116,800 | $216,000 |
| Median property tax | $1,410 | $1,753 |
| Effective tax rate | 1.207% | 0.812% |
| Median gross rent | $832 | $1,050 |
| Population | 1,137 | 84,339 |
The weather behind that power bill
Toppers sits in Wagoner County, which averages a high of 92.3°F in its hottest month and a low of 28.2°F in its coldest, with 43.23" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,920 cooling and 3,412 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Wagoner County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wagoner County
Full Wagoner County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Toppers?
A $117,000 home in Toppers, Oklahoma costs approximately $1,118 per month with 20% down at 6.66%. That is $601 principal and interest, $118 property tax, $113 homeowners insurance, $188 utilities and $98 set aside for maintenance.
What is the property tax rate in Toppers?
Toppers has an effective property tax rate of 1.207%, based on a median home value of $116,800 and median real estate taxes of $1,410. That is higher than the Wagoner County average of 0.812%.
What is the average home price in Toppers?
The median owner-occupied home value in Toppers, Oklahoma is $116,800, against $216,000 across Wagoner County.
Is it cheaper to rent or buy in Toppers?
Median gross rent in Toppers is $832 a month, against $1,118 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 Toppers — 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.