Quick facts: Moore, OK

Quick Facts

90.9
Cost of Living
below US average
63,223
Population
22.92
Crime Rate per 1000
below US average
$73,285
Median Income
below US average
$292,747
Median House Price
above US average
$1485.98
Average Rent
above US average
11%
Poverty Rate
above US average
3.1%
Unemployment Rate
below 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 $73,285.

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Income Needed to Buy

βœ— Stretch
$92k/year
Based on $292,747 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $92k vs median $73,285
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Income Needed to Rent

βœ“ Affordable
$64k/year
Based on $1485.98/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($73,285) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Moore, OK

Moore, Oklahoma, is a growing suburban city located just south of Oklahoma City. With a population of approximately 60,000 residents, it offers a blend of urban amenities and a close-knit community feel. The city is known for its family-friendly atmosphere, excellent schools, and numerous parks, including The Station at Central Park, which features a community center, water park, and sports facilities. Moore has a rich history, having been founded in the early 20th century. It has become known for its recovery and resilience, particularly after the devastating tornadoes that struck the area in the 1990s and 2000s. The city has invested significantly in infrastructure and community services since then. In addition to residential areas, Moore boasts a variety of shopping, dining, and entertainment options, including the Moore Outdoor Mall. The city's location provides easy access to Oklahoma City’s attractions, including the State Capitol, museums, and cultural events. Residents enjoy a range of activities, from local festivals to youth sports leagues. Overall, Moore is a welcoming community that balances small-town charm with convenient access to city life.

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