The typical owner-occupied home in Garber is worth about $69,400, 65% below the Oklahoma median of $199,800 and 79% below the national median of $332,700. Owners pay a median $341 a year in property taxes, about 0.49% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $67,625 a year, so the median home costs 1.0 times the median income (3.1 times for Oklahoma). 84% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.
Garber at a glance
| Garber | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $69,400 | $199,800 | $332,700 |
| Median property tax paid per year | $341 | $1,599 | $3,119 |
| Property tax as a share of value | 0.49% | 0.80% | 0.94% |
| Median household income | $67,625 | $65,039 | $80,734 |
| Homes lived in by their owners | 84% | 66% | 65% |
| Owner homes with a mortgage | 29% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,214 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 21.8% | 19.6% | 21.0% |
| Median rent | $942 | $1,014 | $1,413 |
| Rent as a share of renters' income | 11.4% | 28.4% | 30.6% |
| Median year homes were built | 1955 | 1980 | 1980 |
| Vacant homes | 15.2% | 12.0% | 10.1% |
| Population | 708 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Garber
At this week's average 30-year rate of 7.11%, buying the median Garber home of $69,400 with 20% down costs about $431 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $546, 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 $18,461 for the 20%-down payment. That payment is 8% of the median Garber household income of $67,625; at that income and 20% down, the 28% guideline points to a home of about $254,000.
The median rent here is $942 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $13,880 |
|---|---|
| Loan amount | $55,520 |
| Principal and interest | $373 |
| Property taxes (0.49% a year) | $28 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| PMI | $0 |
| Total per month | $431 |
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| Down payment | $2,429 |
|---|---|
| Loan amount | $68,143 |
| Principal and interest | $458 |
| Property taxes (0.49% a year) | $28 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| FHA mortgage insurance | $31 |
| Total per month | $546 |
Change the numbers in the calculator
Questions about home buying in Garber
What is the median home value in Garber?
About $69,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Garber?
Homeowners pay a median $341 a year, which is about 0.49% 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 Garber?
For the median home with 20% down at 7.11%, the payment is about $431 a month. Keeping that under 28% of gross income takes about $18,461 a year.
More about Garber
- Mortgage Refinance in Garber
- Debt Relief in Garber
- Home Equity Loans in Garber
- 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