Quick facts: Tishomingo, OK

Quick Facts

90.9
Cost of Living
below US average
3,115
Population
12.2
Crime Rate per 1000
below US average
$32,063
Median Income
below US average
$155,000
Median House Price
above US average
$1248
Average Rent
below US average
14%
Poverty Rate
above US average
3.5%
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 $32,063.

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Income Needed to Buy

βœ— Stretch
$49k/year
Based on $155,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $49k vs median $32,063
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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 $32,063
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Tishomingo, OK

Tishomingo, Oklahoma, is a quaint city located in south-central Oklahoma, known for its rich history and vibrant culture. As the county seat of Johnston County, Tishomingo has a close-knit community atmosphere and offers a variety of local attractions. The city is historically significant as it was once the capital of the Chickasaw Nation and features the Chickasaw Cultural Center, which celebrates the heritage and history of the Chickasaw people. Tishomingo is surrounded by beautiful natural landscapes, including the picturesque Lake Texoma, a popular destination for fishing, boating, and camping. The city’s charming downtown area boasts unique shops, restaurants, and the historic 1915 courthouse. Visitors can also explore the scenic beauty of nearby Tishomingo State Park, which offers hiking trails, picnic areas, and stunning rock formations. The city features a small-town vibe, making it an ideal spot for families and those seeking a slower pace of life while being connected to Oklahoma's natural beauty and cultural heritage. Overall, Tishomingo represents a blend of historical significance and outdoor recreation in a welcoming community setting.

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