The typical owner-occupied home in Texola is worth about $335,700, 68% above the Oklahoma median of $199,800 and about the same as the national median of $332,700. Owners pay a median $2,357 a year in property taxes, about 0.70% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $96,429 a year, so the median home costs 3.5 times the median income (3.1 times for Oklahoma). 90% of occupied homes here are lived in by their owners, and 78% of those owners still have a mortgage.
Texola at a glance
| Texola | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $335,700 | $199,800 | $332,700 |
| Median property tax paid per year | $2,357 | $1,599 | $3,119 |
| Property tax as a share of value | 0.70% | 0.80% | 0.94% |
| Median household income | $96,429 | $65,039 | $80,734 |
| Homes lived in by their owners | 90% | 66% | 65% |
| Owner homes with a mortgage | 78% | 54% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,539 | $1,963 |
| Median rent | – | $1,014 | $1,413 |
| Median year homes were built | 1974 | 1980 | 1980 |
| Vacant homes | 50.0% | 12.0% | 10.1% |
| Population | 22 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Texola
At this week's average 30-year rate of 7.11%, buying the median Texola home of $335,700 with 20% down costs about $2,142 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,702, 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 $91,814 for the 20%-down payment. That payment is 27% of the median Texola household income of $96,429; at that income and 20% down, the 28% guideline points to a home of about $353,000.
| Down payment | $67,140 |
|---|---|
| Loan amount | $268,560 |
| Principal and interest | $1,807 |
| Property taxes (0.70% a year) | $196 |
| Homeowners insurance (our estimate, 0.5% a year) | $140 |
| PMI | $0 |
| Total per month | $2,142 |
Change the numbers in the calculator
| Down payment | $11,750 |
|---|---|
| Loan amount | $329,620 |
| Principal and interest | $2,217 |
| Property taxes (0.70% a year) | $196 |
| Homeowners insurance (our estimate, 0.5% a year) | $140 |
| FHA mortgage insurance | $148 |
| Total per month | $2,702 |
Change the numbers in the calculator
Questions about home buying in Texola
What is the median home value in Texola?
About $335,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Texola?
Homeowners pay a median $2,357 a year, which is about 0.70% 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 Texola?
For the median home with 20% down at 7.11%, the payment is about $2,142 a month. Keeping that under 28% of gross income takes about $91,814 a year.
More about Texola
- Mortgage Refinance in Texola
- Debt Relief in Texola
- Home Equity Loans in Texola
- 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