The typical owner-occupied home in Oketo is worth about $160,400, 26% below the Kansas median of $217,200 and 52% below the national median of $332,700. Owners pay a median $1,237 a year in property taxes, about 0.77% of their home's value, lower than the Kansas rate of 1.29%. The median household earns $75,977 a year, so the median home costs 2.1 times the median income (2.9 times for Kansas). 90% of occupied homes here are lived in by their owners, and 3% of those owners still have a mortgage.
Oketo at a glance
| Oketo | Kansas | U.S. | |
|---|---|---|---|
| Median home value | $160,400 | $217,200 | $332,700 |
| Median property tax paid per year | $1,237 | $2,798 | $3,119 |
| Property tax as a share of value | 0.77% | 1.29% | 0.94% |
| Median household income | $75,977 | $74,275 | $80,734 |
| Homes lived in by their owners | 90% | 67% | 65% |
| Owner homes with a mortgage | 3% | 57% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,689 | $1,963 |
| Median rent | – | $1,060 | $1,413 |
| Median year homes were built | 1938 | 1976 | 1980 |
| Vacant homes | 13.2% | 9.2% | 10.1% |
| Population | 109 | 2,947,197 | 334,922,499 |
What a typical home costs per month in Oketo
At this week's average 30-year rate of 7.11%, buying the median Oketo home of $160,400 with 20% down costs about $1,033 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,300, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $44,271 for the 20%-down payment. That payment is 16% of the median Oketo household income of $75,977; at that income and 20% down, the 28% guideline points to a home of about $275,000.
| Down payment | $32,080 |
|---|---|
| Loan amount | $128,320 |
| Principal and interest | $863 |
| Property taxes (0.77% a year) | $103 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| PMI | $0 |
| Total per month | $1,033 |
Change the numbers in the calculator
| Down payment | $5,614 |
|---|---|
| Loan amount | $157,495 |
| Principal and interest | $1,059 |
| Property taxes (0.77% a year) | $103 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| FHA mortgage insurance | $71 |
| Total per month | $1,300 |
Change the numbers in the calculator
Questions about home buying in Oketo
What is the median home value in Oketo?
About $160,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Oketo?
Homeowners pay a median $1,237 a year, which is about 0.77% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Oketo?
For the median home with 20% down at 7.11%, the payment is about $1,033 a month. Keeping that under 28% of gross income takes about $44,271 a year.
More about Oketo
- Mortgage Refinance in Oketo
- Debt Relief in Oketo
- Home Equity Loans in Oketo
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data