Quick facts: Healdton, OK

Quick Facts

90.9
Cost of Living
below US average
2,334
Population
16.28
Crime Rate per 1000
below US average
$45,721
Median Income
below US average
$129,900
Median House Price
above US average
$1500.0
Average Rent
above US average
Poverty rate Data is updating, will be available soon
4.5%
Unemployment Rate
above 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 $45,721.

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Income Needed to Buy

βœ“ Affordable
$41k/year
Based on $129,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($45,721) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$64k/year
Based on $1500.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $64k vs median $45,721
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Healdton, OK

Healdton is a small town located in Carter County, Oklahoma. With a population of around 1,500 residents, it offers a quaint and tight-knit community atmosphere. The town is situated approximately 20 miles southwest of Ardmore, making it easily accessible for those looking to explore larger city amenities while still enjoying the charm of small-town life. Healdton boasts a rich history, having been founded in the late 19th century during the oil boom, which significantly influenced its development. The town features several historical buildings and landmarks that reflect its oil heritage. Outdoor enthusiasts can enjoy recreational activities in the nearby lakes and parks, such as Lake Healdton, which offers fishing, boating, and camping opportunities. Local attractions include annual community events, local dining options, and a friendly atmosphere that embodies the spirit of Oklahoma. With a mix of agricultural and small business influences, Healdton provides a peaceful environment with a true sense of community, making it a charming place to visit or call home.

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