The typical owner-occupied home in Cashion is worth about $195,700, about the same as the Oklahoma median of $199,800 and 41% below the national median of $332,700. Owners pay a median $1,338 a year in property taxes, about 0.68% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $96,970 a year, so the median home costs 2.0 times the median income (3.1 times for Oklahoma). 78% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Cashion at a glance
| Cashion | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $195,700 | $199,800 | $332,700 |
| Median property tax paid per year | $1,338 | $1,599 | $3,119 |
| Property tax as a share of value | 0.68% | 0.80% | 0.94% |
| Median household income | $96,970 | $65,039 | $80,734 |
| Homes lived in by their owners | 78% | 66% | 65% |
| Owner homes with a mortgage | 58% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,658 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 19.9% | 19.6% | 21.0% |
| Median rent | $1,330 | $1,014 | $1,413 |
| Rent as a share of renters' income | 23.6% | 28.4% | 30.6% |
| Median year homes were built | 1997 | 1980 | 1980 |
| Vacant homes | 7.7% | 12.0% | 10.1% |
| Population | 1,148 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Cashion
At this week's average 30-year rate of 7.11%, buying the median Cashion home of $195,700 with 20% down costs about $1,246 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,572, 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 $53,384 for the 20%-down payment. That payment is 15% of the median Cashion household income of $96,970; at that income and 20% down, the 28% guideline points to a home of about $355,000.
The median rent here is $1,330 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $39,140 |
|---|---|
| Loan amount | $156,560 |
| Principal and interest | $1,053 |
| Property taxes (0.68% a year) | $111 |
| Homeowners insurance (our estimate, 0.5% a year) | $82 |
| PMI | $0 |
| Total per month | $1,246 |
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| Down payment | $6,850 |
|---|---|
| Loan amount | $192,155 |
| Principal and interest | $1,293 |
| Property taxes (0.68% a year) | $111 |
| Homeowners insurance (our estimate, 0.5% a year) | $82 |
| FHA mortgage insurance | $87 |
| Total per month | $1,572 |
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Questions about home buying in Cashion
What is the median home value in Cashion?
About $195,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cashion?
Homeowners pay a median $1,338 a year, which is about 0.68% 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 Cashion?
For the median home with 20% down at 7.11%, the payment is about $1,246 a month. Keeping that under 28% of gross income takes about $53,384 a year.
More about Cashion
- Mortgage Refinance in Cashion
- Debt Relief in Cashion
- Home Equity Loans in Cashion
- 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