The typical owner-occupied home in Hitchcock is worth about $67,000, 66% below the Oklahoma median of $199,800 and 80% below the national median of $332,700. Owners pay a median $440 a year in property taxes, about 0.66% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $57,188 a year, so the median home costs 1.2 times the median income (3.1 times for Oklahoma). 100% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Hitchcock at a glance
| Hitchcock | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $67,000 | $199,800 | $332,700 |
| Median property tax paid per year | $440 | $1,599 | $3,119 |
| Property tax as a share of value | 0.66% | 0.80% | 0.94% |
| Median household income | $57,188 | $65,039 | $80,734 |
| Homes lived in by their owners | 100% | 66% | 65% |
| Owner homes with a mortgage | 41% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $925 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 14.4% | 19.6% | 21.0% |
| Median rent | – | $1,014 | $1,413 |
| Median year homes were built | 1959 | 1980 | 1980 |
| Vacant homes | 46.9% | 12.0% | 10.1% |
| Population | 40 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Hitchcock
At this week's average 30-year rate of 7.11%, buying the median Hitchcock home of $67,000 with 20% down costs about $425 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $537, 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 $18,229 for the 20%-down payment. That payment is 9% of the median Hitchcock household income of $57,188; at that income and 20% down, the 28% guideline points to a home of about $210,000.
| Down payment | $13,400 |
|---|---|
| Loan amount | $53,600 |
| Principal and interest | $361 |
| Property taxes (0.66% a year) | $37 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| PMI | $0 |
| Total per month | $425 |
Change the numbers in the calculator
| Down payment | $2,345 |
|---|---|
| Loan amount | $65,786 |
| Principal and interest | $443 |
| Property taxes (0.66% a year) | $37 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| FHA mortgage insurance | $30 |
| Total per month | $537 |
Change the numbers in the calculator
Questions about home buying in Hitchcock
What is the median home value in Hitchcock?
About $67,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hitchcock?
Homeowners pay a median $440 a year, which is about 0.66% 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 Hitchcock?
For the median home with 20% down at 7.11%, the payment is about $425 a month. Keeping that under 28% of gross income takes about $18,229 a year.
More about Hitchcock
- Mortgage Refinance in Hitchcock
- Debt Relief in Hitchcock
- Home Equity Loans in Hitchcock
- 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