The typical owner-occupied home in Love County is worth about $171,000, 14% below the Oklahoma median of $199,800 and 49% below the national median of $332,700. Owners pay a median $1,072 a year in property taxes, about 0.63% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $66,580 a year, so the median home costs 2.6 times the median income (3.1 times for Oklahoma). 73% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.
Love County at a glance
| Love County | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $171,000 | $199,800 | $332,700 |
| Median property tax paid per year | $1,072 | $1,599 | $3,119 |
| Property tax as a share of value | 0.63% | 0.80% | 0.94% |
| Median household income | $66,580 | $65,039 | $80,734 |
| Homes lived in by their owners | 73% | 66% | 65% |
| Owner homes with a mortgage | 46% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,303 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 18.5% | 19.6% | 21.0% |
| Median rent | $939 | $1,014 | $1,413 |
| Rent as a share of renters' income | 23.2% | 28.4% | 30.6% |
| Median year homes were built | 1984 | 1980 | 1980 |
| Vacant homes | 17.6% | 12.0% | 10.1% |
| Population | 10,261 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Love County
At this week's average 30-year rate of 7.11%, buying the median Love County home of $171,000 with 20% down costs about $1,081 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,366, 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 $46,341 for the 20%-down payment. That payment is 19% of the median Love County household income of $66,580; at that income and 20% down, the 28% guideline points to a home of about $246,000.
The median rent here is $939 a month, so owning the median home costs about $142 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $34,200 |
|---|---|
| Loan amount | $136,800 |
| Principal and interest | $920 |
| Property taxes (0.63% a year) | $90 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| PMI | $0 |
| Total per month | $1,081 |
Change the numbers in the calculator
| Down payment | $5,985 |
|---|---|
| Loan amount | $167,903 |
| Principal and interest | $1,129 |
| Property taxes (0.63% a year) | $90 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| FHA mortgage insurance | $76 |
| Total per month | $1,366 |
Change the numbers in the calculator
Questions about home buying in Love County
What is the median home value in Love County?
About $171,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Love County?
Homeowners pay a median $1,072 a year, which is about 0.63% 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 Love County?
For the median home with 20% down at 7.11%, the payment is about $1,081 a month. Keeping that under 28% of gross income takes about $46,341 a year.
More about Love County
- Mortgage Refinance in Love County
- Debt Relief in Love County
- Home Equity Loans in Love 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