Total monthly cost of ownership
Cost to Own a Home in Wilburton, Oklahoma
A $94,000 home here costs
$888per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $483. The real number is $405 higher every month — 84% 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.
Wilburton against Latimer County and Oklahoma
| Measure | Wilburton | Latimer County |
|---|---|---|
| Median home value | $94,400 | $103,300 |
| Median property tax | $571 | $532 |
| Effective tax rate | 0.605% | 0.515% |
| Median gross rent | $716 | $720 |
| Population | 2,861 | 9,495 |
The weather behind that power bill
Wilburton sits in Latimer County, which averages a high of 93.9°F in its hottest month and a low of 29.7°F in its coldest, with 50.88" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 1,984 cooling and 3,131 heating degree days, which is what sets the $120 electricity line above.
See the full climate breakdown for Latimer County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Latimer County
No other places of this size are published in Latimer County.
Full Latimer County cost breakdown · Every county in Oklahoma
Common questions
How much does it cost to own a home in Wilburton?
A $94,000 home in Wilburton, Oklahoma costs approximately $888 per month with 20% down at 6.66%. That is $483 principal and interest, $47 property tax, $91 homeowners insurance, $188 utilities and $78 set aside for maintenance.
What is the property tax rate in Wilburton?
Wilburton has an effective property tax rate of 0.605%, based on a median home value of $94,400 and median real estate taxes of $571. That is higher than the Latimer County average of 0.515%.
What is the average home price in Wilburton?
The median owner-occupied home value in Wilburton, Oklahoma is $94,400, against $103,300 across Latimer County.
Is it cheaper to rent or buy in Wilburton?
Median gross rent in Wilburton is $716 a month, against $888 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 Wilburton — 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.