The typical owner-occupied home in Grant County is worth about $105,700, 47% below the Oklahoma median of $199,800 and 68% below the national median of $332,700. Owners pay a median $513 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 $60,758 a year, so the median home costs 1.7 times the median income (3.1 times for Oklahoma). 76% of occupied homes here are lived in by their owners, and 28% of those owners still have a mortgage.
Grant County at a glance
| Grant County | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $105,700 | $199,800 | $332,700 |
| Median property tax paid per year | $513 | $1,599 | $3,119 |
| Property tax as a share of value | 0.49% | 0.80% | 0.94% |
| Median household income | $60,758 | $65,039 | $80,734 |
| Homes lived in by their owners | 76% | 66% | 65% |
| Owner homes with a mortgage | 28% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,195 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 20.4% | 19.6% | 21.0% |
| Median rent | $853 | $1,014 | $1,413 |
| Rent as a share of renters' income | 22.3% | 28.4% | 30.6% |
| Median year homes were built | 1967 | 1980 | 1980 |
| Vacant homes | 25.5% | 12.0% | 10.1% |
| Population | 4,131 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Grant County
At this week's average 30-year rate of 7.11%, buying the median Grant County home of $105,700 with 20% down costs about $656 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $832, 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 $28,116 for the 20%-down payment. That payment is 13% of the median Grant County household income of $60,758; at that income and 20% down, the 28% guideline points to a home of about $228,000.
The median rent here is $853 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $21,140 |
|---|---|
| Loan amount | $84,560 |
| Principal and interest | $569 |
| Property taxes (0.49% a year) | $43 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| PMI | $0 |
| Total per month | $656 |
Change the numbers in the calculator
| Down payment | $3,700 |
|---|---|
| Loan amount | $103,786 |
| Principal and interest | $698 |
| Property taxes (0.49% a year) | $43 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| FHA mortgage insurance | $47 |
| Total per month | $832 |
Change the numbers in the calculator
Questions about home buying in Grant County
What is the median home value in Grant County?
About $105,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Grant County?
Homeowners pay a median $513 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 Grant County?
For the median home with 20% down at 7.11%, the payment is about $656 a month. Keeping that under 28% of gross income takes about $28,116 a year.
More about Grant County
- Mortgage Refinance in Grant County
- Debt Relief in Grant County
- Home Equity Loans in Grant County
- 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