Warr Acres, OK

Very Low · 60

Oklahoma · Population 10,437 · Updated March 2026

$925
Median Rent / Month
$60,822
Median Income
$150,500
Median Home Value
$948
Owner Costs / Month

Affordability

How far your income goes in Warr Acres

18.2%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Oklahoma

State-level tax rates that affect your costs

4.75%
Income Tax (Top Rate)
4.5%
Sales Tax
0.9%
Property Tax Rate

Estimated Annual Costs

$11,100
Annual Rent
$2,889
State Income Tax
$1,355
Property Tax (est.)

Cost of Living Overview

Warr Acres is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 60 (where 100 equals the national median), Warr Acres residents can expect to pay median rent of $925/month while earning a median household income of $60,822/year.

The median home value in Warr Acres, OK is $150,500, with typical monthly owner costs around $948 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.2% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Oklahoma has a moderate income tax rate of 4.75%. Combined with a 4.5% sales tax rate and 0.9% effective property tax rate, the overall tax environment is a factor in the total cost of living in Warr Acres.

Frequently Asked Questions

Common questions about living costs in Warr Acres

What is the cost of living in Warr Acres, OK?
The cost of living index in Warr Acres, OK is 60 (US average = 100). Median monthly rent is $925, median household income is $60,822/year, and the median home value is $150,500.
Is Warr Acres, OK affordable?
Yes, Warr Acres is more affordable than the national average with a cost index of 60. The rent-to-income ratio is 18.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Warr Acres, OK?
The median gross rent in Warr Acres, OK is $925 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,100.
What is the median household income in Warr Acres?
The median household income in Warr Acres, OK is $60,822 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Oklahoma?
Oklahoma has a top income tax rate of 4.75%, a sales tax of 4.5%, and an effective property tax rate of 0.9%.