Total monthly cost of ownership
Cost to Own a Home in Wetumka, Oklahoma
A $71,000 home here costs
$719per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $365. The real number is $354 higher every month — 97% 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.
Wetumka against Hughes County and Oklahoma
| Measure | Wetumka | Hughes County |
|---|---|---|
| Median home value | $71,300 | $94,900 |
| Median property tax | $455 | $580 |
| Effective tax rate | 0.638% | 0.611% |
| Median gross rent | $534 | $615 |
| Population | 1,323 | 13,411 |
The weather behind that power bill
Wetumka sits in Hughes County, which averages a high of 93.2°F in its hottest month and a low of 30.2°F in its coldest, with 42.61" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 2,133 cooling and 3,079 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Hughes County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hughes County
Full Hughes County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Wetumka?
A $71,000 home in Wetumka, Oklahoma costs approximately $719 per month with 20% down at 6.66%. That is $365 principal and interest, $38 property tax, $69 homeowners insurance, $188 utilities and $59 set aside for maintenance.
What is the property tax rate in Wetumka?
Wetumka has an effective property tax rate of 0.638%, based on a median home value of $71,300 and median real estate taxes of $455. That is higher than the Hughes County average of 0.611%.
What is the average home price in Wetumka?
The median owner-occupied home value in Wetumka, Oklahoma is $71,300, against $94,900 across Hughes County.
Is it cheaper to rent or buy in Wetumka?
Median gross rent in Wetumka is $534 a month, against $719 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 Wetumka — 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.