Weatherford, OK

Very Low · 62

Oklahoma · Population 12,014 · Updated March 2026

$763
Median Rent / Month
$50,250
Median Income
$233,700
Median Home Value
$849
Owner Costs / Month

Affordability

How far your income goes in Weatherford

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

$9,156
Annual Rent
$2,387
State Income Tax
$2,103
Property Tax (est.)

Cost of Living Overview

Weatherford is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 62 (where 100 equals the national median), Weatherford residents can expect to pay median rent of $763/month while earning a median household income of $50,250/year.

The median home value in Weatherford, OK is $233,700, with typical monthly owner costs around $849 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 Weatherford.

Frequently Asked Questions

Common questions about living costs in Weatherford

What is the cost of living in Weatherford, OK?
The cost of living index in Weatherford, OK is 62 (US average = 100). Median monthly rent is $763, median household income is $50,250/year, and the median home value is $233,700.
Is Weatherford, OK affordable?
Yes, Weatherford is more affordable than the national average with a cost index of 62. The rent-to-income ratio is 18.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Weatherford, OK?
The median gross rent in Weatherford, OK is $763 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $9,156.
What is the median household income in Weatherford?
The median household income in Weatherford, OK is $50,250 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%.