Quick facts: Tupelo, OK

Quick Facts

90.9
Cost of Living
below US average
326
Population
6.13
Crime Rate per 1000
below US average
$35,208
Median Income
below US average
$385,000
Median House Price
above US average
$1248
Average Rent
below US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $35,208.

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Income Needed to Buy

βœ— Stretch
$121k/year
Based on $385,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $121k vs median $35,208
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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 $35,208
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Tupelo, OK

Tupelo is a small town located in Coal County, Oklahoma. As of the 2020 census, it had a population of around 350 residents. Tupelo is situated in the southeastern part of the state, known for its rural charm and tight-knit community. The town offers a tranquil lifestyle amidst natural beauty, surrounded by rolling hills and lush landscapes typical of this region. Founded in the late 19th century, Tupelo has a rich history, with remnants of its past visible in the architecture and local landmarks. The community prides itself on its friendly atmosphere, with local events and gatherings being a staple for residents to connect with one another. Although Tupelo is small, it offers essential amenities, including local shops and services, and is within a short drive of larger towns for more extensive shopping and dining options. Outdoor enthusiasts can enjoy nearby parks and recreational areas, making it a suitable spot for those seeking a quieter lifestyle while still having access to the hospitality of a communal setting. Overall, Tupelo embodies the essence of small-town America in the heart of Oklahoma.

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