Quick facts: Barnsdall, OK

Quick Facts

90.9
Cost of Living
below US average
1,015
Population
14.78
Crime Rate per 1000
below US average
$56,500
Median Income
below US average
$128,700
Median House Price
above US average
$760.0
Average Rent
below US average
11%
Poverty Rate
above US average
3.7%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $56,500.

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Income Needed to Buy

βœ“ Affordable
$40k/year
Based on $128,700 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($56,500) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$33k/year
Based on $760.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($56,500) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Barnsdall, OK

Barnsdall is a small town located in Osage County, Oklahoma, with a population of approximately 1,200 residents. Known for its friendly atmosphere and community spirit, Barnsdall is situated in a picturesque rural setting that offers a glimpse into the rich history of Oklahoma. The town was founded in the early 20th century and named after the Barnsdall Oil Company, reflecting its oil boom origins. The area is surrounded by rolling hills and beautiful landscapes, making it an attractive location for outdoor enthusiasts. Nearby, you can explore the Tallgrass Prairie Preserve, which features expansive grasslands and bison herds. Barnsdall is also home to the historic Barnsdall Memorial Park, equipped with recreational facilities for residents and visitors alike. The local community values its heritage, exemplified by events such as the annual Barnsdall Harvest Festival, where residents celebrate with food, music, and activities. While the town is small, it offers a tight-knit community feel, where friendly faces greet you on every corner, making it a charming place to visit or call home.

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