Quick facts: Atoka, OK

Quick Facts

90.9
Cost of Living
below US average
3,200
Population
46.56
Crime Rate per 1000
above US average
$40,362
Median Income
below US average
$305,000
Median House Price
above US average
$1248
Average Rent
below US average
20%
Poverty Rate
above US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $40,362.

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Income Needed to Buy

βœ— Stretch
$96k/year
Based on $305,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $96k vs median $40,362
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Income Needed to Rent

⚠ Stretch
$53k/year
Based on $1248/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $53k vs median $40,362
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Atoka, OK

Atoka is a small city located in Atoka County, Oklahoma. Nestled in the southeastern part of the state, Atoka is known for its rich history and close-knit community. The city was originally established in the late 19th century and has grown into a charming place that offers a glimpse into Oklahoma's past. Atoka sits at the crossroads of U.S. Highways 69 and 75, making it easily accessible for travelers. The area is known for its picturesque landscapes, featuring rolling hills and lush greenery, typical of the southeastern Oklahoma region. The nearby Atoka Lake provides opportunities for recreational activities, including fishing, boating, and camping, making it a popular spot for both locals and visitors. The community is home to several annual events, fostering a sense of belonging among residents. Additionally, Atoka boasts a range of local businesses, parks, and schools, catering to the needs of its inhabitants. With a population of just over 3,000, Atoka offers a quaint, small-town atmosphere with the charm of Southern hospitality. Whether you're passing through or looking to settle down, Atoka is a place rich in community spirit and natural beauty.

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