Cost of Living in Owasso, OK
Population: 39,013 • 2026 Data
$79,386
Median Household Income
+3% vs national
$1,222
Median Monthly Rent
-9% vs national
$231,400
Median Home Value
-32% vs national
4.9%
Unemployment Rate
Housing in Owasso
The median home value in Owasso, OK is $231,400. Monthly rent for a typical unit averages $1,222, while total monthly housing costs (including utilities and insurance) average $1,285.
Rent-to-income ratio: 18.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Owasso, OK is $79,386. The unemployment rate stands at 4.9%, with a labor force of 20,841 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.