Quick facts: Jet, OK

Quick Facts

90.9
Cost of Living
below US average
194
Population
721.65
Crime Rate per 1000
above US average
$51,450
Median Income
below US average
$985,000
Median House Price
above US average
$1248
Average Rent
below US average
Poverty rate Data is updating, will be available soon
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 $51,450.

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Income Needed to Buy

βœ— Stretch
$309k/year
Based on $985,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $309k vs median $51,450
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Income Needed to Rent

⚠ Stretch
$53k/year
Based on $1248/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $53k vs median $51,450
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Jet, OK

Jet is a small, unincorporated community located in Alfalfa County in the northwestern part of Oklahoma. With a close-knit population, it retains a rural charm that is characteristic of many small towns in the region. The community is surrounded by scenic landscapes, including vast fields and agricultural land, contributing to its peaceful atmosphere. Jet is primarily residential with a focus on agriculture, which reflects the local economy. Residents enjoy a quiet lifestyle, with local events and gatherings fostering strong community bonds. Although it lacks many of the amenities found in larger cities, nearby towns provide access to essential services, shops, and recreational activities. The surrounding area offers opportunities for outdoor activities, such as hiking, fishing, and hunting, making it a suitable place for nature enthusiasts. The region experiences a typical Oklahoma climate, with hot summers and mild winters. Jet represents the essence of rural living in Oklahoma, prioritizing community and natural beauty.

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