Quick facts: Castle, OK

Quick Facts

90.9
Cost of Living
below US average
169
Population
295.86
Crime Rate per 1000
above US average
$68,125
Median Income
below US average
$673,400
Median House Price
above US average
$1248
Average Rent
below US average
10%
Poverty Rate
below US average
3.0%
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 $68,125.

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Income Needed to Buy

βœ— Stretch
$211k/year
Based on $673,400 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $211k vs median $68,125
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Income Needed to Rent

βœ“ Affordable
$53k/year
Based on $1248/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($68,125) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Castle, OK

Castle is a small town nestled in the northeastern part of Oklahoma, located within the Hughes County. Known for its rural charm and tight-knit community, Castle offers a serene environment away from the hustle and bustle of larger cities. The population is modest, providing a close community feel where residents often engage in local events and support one another. The area around Castle is characterized by beautiful natural landscapes, including rolling hills and lush greenery, making it ideal for outdoor activities like hiking and fishing. It is conveniently situated near larger towns, providing access to essential amenities and services while still maintaining its quiet atmosphere. Local attractions may include parks and recreational spots where families can gather. Additionally, the nearby towns offer additional dining and shopping options, enhancing the living experience for residents. Overall, Castle is a serene getaway for those looking to escape the noise of city life while still being connected to the conveniences of urban areas.

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