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Ripley town, OK

ZIP 74062 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 74062

Median Home Value
$146,600
Median Rent
$392
Affordability Snapshot
$40,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$942/mo PITI).

9%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

31.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 74062 in Ripley town, OK, a household would need roughly $40,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $942. That sits below the local median household income ($50,781), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 20% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
74.8%+14% vs US avg
x
Vacancy Rate
19.6%+90% vs US avg
x
Broadband Access
83.7%-4% vs US avg
x
4+ Bedrooms
3.1%-79% vs US avg
x
Built Pre-1939
2.1%-83% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
11.8%-76% vs US avg
x
Mortgage-Free
61.9%+62% vs US avg
x
$146,600
Home Value
$392
Rent
1982
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached62.5%
  • 1-unit attached0.5%
  • 2-9 units2.9%
  • 10+ units0.0%
  • Mobile home & other34.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$146,600
Median rent$392
Owner-occupied74.8%
Vacant19.6%
Price-to-income2.9x
Est. income to buy$40,000