Quick facts: Pauls valley, OK

Quick Facts

90.9
Cost of Living
below US average
6,026
Population
48.29
Crime Rate per 1000
above US average
$45,400
Median Income
below US average
$172,500
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 $45,400.

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Income Needed to Buy

βœ— Stretch
$54k/year
Based on $172,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $54k vs median $45,400
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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 $45,400
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Pauls valley, OK

Pauls Valley is a charming city located in Garvin County, Oklahoma. Known for its rich history and vibrant community, it serves as a hub for agriculture and commerce in the region. The city, founded in the late 19th century, offers a glimpse into Oklahoma’s heritage with several historic buildings and sites. One of the town's most notable features is the Pauls Valley Museum, which showcases local history, culture, and art. The city also celebrates its heritage through annual events, including the famous "Pauls Valley Rodeo," attracting visitors and participants alike. Outdoor enthusiasts will appreciate the nearby Turner Falls Park, which features stunning natural landscapes, waterfalls, and hiking trails. The local parks provide recreational opportunities for families and individuals, making it a great place to unwind and enjoy nature. Pauls Valley’s friendly atmosphere and strong community spirit make it an inviting place for residents and visitors. With a range of local shops, restaurants, and services, it presents a blend of small-town charm and accessibility to modern amenities. Whether you're passing through or looking to settle down, Pauls Valley offers a unique and welcoming experience.

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