Quick facts: Holdenville, OK

Quick Facts

90.9
Cost of Living
below US average
5,916
Population
13.02
Crime Rate per 1000
below US average
$38,232
Median Income
below US average
$189,000
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 $38,232.

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Income Needed to Buy

βœ— Stretch
$59k/year
Based on $189,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $59k vs median $38,232
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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 $38,232
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Holdenville, OK

Holdenville is a small city located in Hughes County, Oklahoma, with a rich history and a close-knit community atmosphere. As of the 2020 census, it had a population of around 5,700 residents. Founded in the late 19th century, Holdenville was named after a local rancher and has evolved over the years into a hub for trade and agriculture in the region. The city is strategically located along U.S. Route 270, making it accessible for travelers and commerce. Holdenville is known for its vibrant downtown area, which features a mix of local shops, restaurants, and historic buildings. The city also hosts several annual events, reflecting its agricultural roots, such as the Holdenville Rodeo and various community festivals. Outdoor enthusiasts can enjoy nearby recreational opportunities, including fishing and hiking in the scenic areas surrounding the city. Holdenville's friendly atmosphere, coupled with its rich history, makes it an inviting place for residents and visitors alike. With a strong sense of community pride, Holdenville continues to be an important part of Oklahoma's cultural tapestry.

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