Total monthly cost of ownership
Cost to Own a Home in Waukomis, Oklahoma
A $123,000 home here costs
$1,184per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $51,000 a year.
A standard mortgage calculator would have told you $681. The real number is $503 higher every month, 74% more than the payment most buyers budget for.
Compare Garfield County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Waukomis from a five-year rolling sample, and with about 1,070 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 Garfield 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.
Waukomis against Garfield County and Oklahoma
| Measure | Waukomis | Garfield County |
|---|---|---|
| Median home value | $123,300 | $149,800 |
| Median property tax | $705 | $1,331 |
| Effective tax rate | 0.572% | 0.889% |
| Median gross rent | $469 | $915 |
| Population | 1,070 | 62,322 |
The weather behind that power bill
Waukomis sits in Garfield County, which averages a high of 94.8°F in its hottest month and a low of 24.7°F in its coldest, with 33.29" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 2,022 cooling and 3,976 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Garfield County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Garfield County
Full Garfield County cost breakdown · Every county in Oklahoma
Talk to someone who works this market
These are Waukomis 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 Waukomis every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Waukomis I already own here and may sell
Common questions
How much does it cost to own a home in Waukomis?
A $123,000 home in Waukomis, Oklahoma costs approximately $1,184 per month with 20% down at 7.4%. That is $681 principal and interest, $59 property tax, $119 homeowners insurance, $223 utilities and $103 set aside for maintenance.
What is the property tax rate in Waukomis?
Waukomis has an effective property tax rate of 0.572%, based on a median home value of $123,300 and median real estate taxes of $705. That is lower than the Garfield County average of 0.889%.
What is the average home price in Waukomis?
The median owner-occupied home value in Waukomis, Oklahoma is $123,300, against $149,800 across Garfield County.
Is it cheaper to rent or buy in Waukomis?
Median gross rent in Waukomis is $469 a month, against $1,184 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 Waukomis?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Waukomis, Oklahoma at today's rate takes a household income of roughly $51,000 a year. That covers the full $1,184 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Waukomis, 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.