The typical owner-occupied home in Nowata County is worth about $137,800, 31% below the Oklahoma median of $199,800 and 59% below the national median of $332,700. Owners pay a median $891 a year in property taxes, about 0.65% of their home's value, lower than the Oklahoma rate of 0.80%. The median household earns $54,333 a year, so the median home costs 2.5 times the median income (3.1 times for Oklahoma). 74% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Nowata County at a glance
| Nowata County | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $137,800 | $199,800 | $332,700 |
| Median property tax paid per year | $891 | $1,599 | $3,119 |
| Property tax as a share of value | 0.65% | 0.80% | 0.94% |
| Median household income | $54,333 | $65,039 | $80,734 |
| Homes lived in by their owners | 74% | 66% | 65% |
| Owner homes with a mortgage | 45% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,232 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 19.3% | 19.6% | 21.0% |
| Median rent | $811 | $1,014 | $1,413 |
| Rent as a share of renters' income | 26.4% | 28.4% | 30.6% |
| Median year homes were built | 1977 | 1980 | 1980 |
| Vacant homes | 15.5% | 12.0% | 10.1% |
| Population | 9,435 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Nowata County
At this week's average 30-year rate of 7.11%, buying the median Nowata County home of $137,800 with 20% down costs about $874 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,103, 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 $37,442 for the 20%-down payment. That payment is 19% of the median Nowata County household income of $54,333; at that income and 20% down, the 28% guideline points to a home of about $200,000.
The median rent here is $811 a month, so owning the median home costs about $63 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $27,560 |
|---|---|
| Loan amount | $110,240 |
| Principal and interest | $742 |
| Property taxes (0.65% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $57 |
| PMI | $0 |
| Total per month | $874 |
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| Down payment | $4,823 |
|---|---|
| Loan amount | $135,304 |
| Principal and interest | $910 |
| Property taxes (0.65% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $57 |
| FHA mortgage insurance | $61 |
| Total per month | $1,103 |
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Questions about home buying in Nowata County
What is the median home value in Nowata County?
About $137,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Nowata County?
Homeowners pay a median $891 a year, which is about 0.65% 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 Nowata County?
For the median home with 20% down at 7.11%, the payment is about $874 a month. Keeping that under 28% of gross income takes about $37,442 a year.
More about Nowata County
- Mortgage Refinance in Nowata County
- Debt Relief in Nowata County
- Home Equity Loans in Nowata 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