Quick facts: Oologah, OK

Quick Facts

90.9
Cost of Living
below US average
1,314
Population
28.16
Crime Rate per 1000
above US average
$82,531
Median Income
above US average
$294,500
Median House Price
above US average
$1248
Average Rent
below US average
7%
Poverty Rate
below 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 $82,531.

🏠

Income Needed to Buy

βœ— Stretch
$92k/year
Based on $294,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $92k vs median $82,531
🏒

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 ($82,531) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Oologah, OK

Oologah is a small town located in Rogers County, Oklahoma. Nestled in the northeastern part of the state, it is part of the Tulsa Metropolitan Area. Oologah is known for its rich history and scenic views, especially with its proximity to the Oologah Lake, a popular destination for fishing, boating, and picnicking. The town was founded in the late 1800s and has a quaint, close-knit community atmosphere. It is perhaps best known as the birthplace of Will Rogers, a famous American humorist, actor, and social commentator. The Will Rogers Memorial Museum is located nearby and showcases memorabilia related to his life and career. Oologah features a blend of rural charm and modern amenities, offering a variety of local shops, restaurants, and community activities. The town's annual events often foster a strong sense of community and tradition among residents. With easy access to nearby larger cities like Tulsa, Oologah combines small-town living with the conveniences of urban areas, making it an appealing place to live and visit.

πŸ” Search & Compare Places

First Location πŸ“