Photo: Smallchief · CC BY 3.0Measured against area pay, Newkirk costs less to live in than almost every U.S. town
Up 9.2% in a year, 38% below the Oklahoma typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Ponca City, OK micro area ($58K). How TownRatings grades cost of living
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
The grade compares costs with what households across the Ponca City-area micro earn ($58K, Census 2020–24). The typical home costs 1.7 years of area income, and 43% of renters pay 30% or more of income for housing.
In dollars
- $137Ktypical home, 38% below the Oklahoma typical homeZillow, September 2026
- $940a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 1.7 yrsof area income buys the typical home; the typical U.S. town: 3.3$58K, Ponca City-area income
- 13%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 14%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in Newkirk
What’s behind Newkirk’s grade
Measured against what households in the area earn, Newkirk is more affordable than 99% of U.S. towns. The four inputs sit close together, so no single cost explains the grade.
Prices here have kept pace with Oklahoma: up 22.7% in five years, against 25.9% statewide (Zillow).
Up 9.2% in a year
Faster than Oklahoma (2.6%).
Show as a table
| January | Newkirk | Oklahoma |
|---|---|---|
| 2017 | $82,000 | $129,000 |
| 2018 | $80,000 | $133,000 |
| 2019 | $88,000 | $138,000 |
| 2020 | $91,000 | $146,000 |
| 2021 | $100,000 | $161,000 |
| 2022 | $118,000 | $183,000 |
| 2023 | $125,000 | $201,000 |
| 2024 | $123,000 | $207,000 |
| 2025 | $127,000 | $215,000 |
| 2026 | $127,000 | $218,000 |
| September 2026 | $137,000 | $221,000 |
A typical Newkirk home worth $82K in October 2016 is worth about $137K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 1.7 years of area income
The calculator starts from the area income the grade uses. Switch to Newkirk’s own median, or type yours.
That covers a typical Newkirk home, with $99K to spare.
A two-bedroom rents for about $940 a month here, $150 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Newkirk’s typical property tax (0.59% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $940
Renters already here pay a median of $623, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Kay County, OK): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
1 new home permitted in 2025
Builders were permitted 1 new home in Newkirk in 2025. That's 0.5 per 1,000 residents, slower than across Oklahoma (5.6). Over the past 10 years, Newkirk has permitted 14 homes in all.
Between the 2010 and 2020 censuses, Newkirk's population fell by 145 even though 10 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Oklahoma: 1.8 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $38,000 |
| 2025 | 1 | 1 | 0 | $30,000 |
| 2024 | 1 | 1 | 0 | $19,000 |
| 2023 | 1 | 1 | 0 | $300,000 |
| 2022 | 2 | 2 | 0 | $506,000 |
| 2021 | 1 | 1 | 0 | $20,000 |
| 2020 | 3 | 3 | 0 | $115,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 5 | 5 | 0 | $449,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $129,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 4 | 4 | 0 | $440,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 2 | 2 | 0 | $151,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 2 | 2 | 0 | $125,000 |
| 2006 | 4 | 4 | 0 | $304,000 |
| 2005 | 5 | 5 | 0 | $393,000 |
| 2004 | 6 | 6 | 0 | $525,000 |
| 2003 | 3 | 3 | 0 | $270,000 |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 1 | 1 | 0 | $105,000 |
| 2000 | 2 | 2 | 0 | $145,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Oklahoma norm
The median bill is $596 (Oklahoma: $1,599), 0.59% of a home’s value a year, against 0.80% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Newkirk and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Newkirk | A+ | $137K | $102K | 0.59% | $940 |
Questions about the cost of living in Newkirk
Is Newkirk expensive to live in?
Measured against what households in the area earn, Newkirk costs less than 99% of U.S. towns: an A+ for cost of living. The typical home costs 1.7 years of the median household income of the Ponca City, OK micro area ($58K).
How much does a house cost in Newkirk?
About $137K, Zillow’s typical value for September 2026, up 9.2% in a year. The Oklahoma typical home is $221K.
What salary do you need to live in Newkirk?
To buy the typical home with 20% down at 6.3%, about $34,000 a year, keeping the payment (about $790 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $38,000.
How much is rent in Newkirk?
HUD puts a two-bedroom at about $940 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $623 (Census 2020–24).
What are property taxes in Newkirk?
The median bill is $596 a year, 0.59% of the median home value (Oklahoma: $1,599, 0.80%), from the Census 2020–24.
Are home prices in Newkirk going up?
Yes: up 9.2% in the past year and 22.7% in five years, against 25.9% across Oklahoma (Zillow).
Neighbors talk housing
What Newkirk buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.