The typical owner-occupied home in Twin Oaks is worth about $198,400, about the same as the Oklahoma median of $199,800 and 40% below the national median of $332,700. Owners pay a median $854 a year in property taxes, about 0.43% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $34,750 a year, so the median home costs 5.7 times the median income (3.1 times for Oklahoma). 72% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Twin Oaks at a glance
| Twin Oaks | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $198,400 | $199,800 | $332,700 |
| Median property tax paid per year | $854 | $1,599 | $3,119 |
| Property tax as a share of value | 0.43% | 0.80% | 0.94% |
| Median household income | $34,750 | $65,039 | $80,734 |
| Homes lived in by their owners | 72% | 66% | 65% |
| Owner homes with a mortgage | 55% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,175 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 35.3% | 19.6% | 21.0% |
| Median rent | – | $1,014 | $1,413 |
| Median year homes were built | 1983 | 1980 | 1980 |
| Vacant homes | 42.2% | 12.0% | 10.1% |
| Population | 278 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Twin Oaks
At this week's average 30-year rate of 7.11%, buying the median Twin Oaks home of $198,400 with 20% down costs about $1,221 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,552, 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 $52,349 for the 20%-down payment. That payment is 42% of the median Twin Oaks household income of $34,750; at that income and 20% down, the 28% guideline points to a home of about $132,000.
| Down payment | $39,680 |
|---|---|
| Loan amount | $158,720 |
| Principal and interest | $1,068 |
| Property taxes (0.43% a year) | $71 |
| Homeowners insurance (our estimate, 0.5% a year) | $83 |
| PMI | $0 |
| Total per month | $1,221 |
Change the numbers in the calculator
| Down payment | $6,944 |
|---|---|
| Loan amount | $194,806 |
| Principal and interest | $1,310 |
| Property taxes (0.43% a year) | $71 |
| Homeowners insurance (our estimate, 0.5% a year) | $83 |
| FHA mortgage insurance | $88 |
| Total per month | $1,552 |
Change the numbers in the calculator
Questions about home buying in Twin Oaks
What is the median home value in Twin Oaks?
About $198,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Twin Oaks?
Homeowners pay a median $854 a year, which is about 0.43% 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 Twin Oaks?
For the median home with 20% down at 7.11%, the payment is about $1,221 a month. Keeping that under 28% of gross income takes about $52,349 a year.
More about Twin Oaks
- Mortgage Refinance in Twin Oaks
- Debt Relief in Twin Oaks
- Home Equity Loans in Twin Oaks
- 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