Quick facts: Garber, OK

Quick Facts

90.9
Cost of Living
below US average
721
Population
1.39
Crime Rate per 1000
below US average
$58,750
Median Income
below US average
$109,900
Median House Price
above US average
$1248
Average Rent
below US average
12%
Poverty Rate
above US average
3.5%
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 $58,750.

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Income Needed to Buy

βœ“ Affordable
$34k/year
Based on $109,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($58,750) exceeds requirement
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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 ($58,750) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Garber, OK

Garber is a small town located in Garfield County, Oklahoma. With a population of around 1,200 residents, it embodies the charm of rural America. Nestled near the Cimarron River, Garber offers a tight-knit community atmosphere where neighbors know each other and local events bring residents together. The town primarily serves as a residential area with a focus on agriculture and local businesses. Garber is strategically situated near larger cities like Enid, which provides access to additional amenities, shopping, and entertainment options. Outdoor enthusiasts can explore nearby parks and nature trails, enjoying the region's natural beauty. Garber is also home to historical landmarks and local schools that serve the community's educational needs. The town hosts annual events that celebrate its heritage, fostering a sense of pride among residents. Overall, Garber is an inviting community that offers a peaceful living environment while being close enough to larger urban areas for added convenience. Whether you’re looking to visit or settle down, Garber presents a glimpse into the simplicity and charm of small-town life in Oklahoma.

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