Quick facts: Purcell, OK

Quick Facts

90.9
Cost of Living
below US average
6,762
Population
30.91
Crime Rate per 1000
above US average
$68,295
Median Income
below US average
$214,900
Median House Price
above US average
$1451.58
Average Rent
above US average
12%
Poverty Rate
above US average
3.6%
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 $68,295.

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Income Needed to Buy

βœ“ Affordable
$67k/year
Based on $214,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($68,295) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$62k/year
Based on $1451.58/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($68,295) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Purcell, OK

Purcell is a charming city located in McClain County, Oklahoma, with a rich history and a welcoming community. Situated approximately 30 miles south of Oklahoma City, Purcell serves as a convenient spot for those looking for a small-town atmosphere while being close to urban amenities. The city has a population of around 6,000 residents and is known for its friendly demeanor and strong community ties. Purcell boasts a picturesque setting with parks and recreational facilities, making it ideal for family gatherings and outdoor activities. The city is home to the annual Purcell Rodeo, which draws visitors from all over and highlights its deep-rooted cowboy culture. Visitors can explore local shops, restaurants, and historical sites, including the Purcell Museum, which showcases the city's history. Education is emphasized in Purcell, with several schools serving the community, as well as opportunities for higher education nearby. Overall, Purcell combines southern hospitality with a rich heritage, offering residents and visitors a delightful experience in a serene environment.

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