Counties / Oklahoma / Harper County

Harper County, OK

FIPS 40059 · population 3,203 · outside every metro area

$80k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$80k
▼ 3.8% year over year
Zillow ZHVI · direct
ACS median gross rent
$828
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$937
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

One annual series is unavailable
FHFA five-year cumulativen/anot annualized · through n/a
0%ZILLOW ZHVI2026-06−3.8%FHFA HPIperiod n/an/a
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$99k
Surveyed gross rent$828
Rent burden 30%+5.6%
Median year built1965
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
22.2%vacant
1,714estimated housing units
Occupied tenure16.4% renter
owner 83.6%renter 16.4%
Structure mix87.3% single-family
Single-family 87.3%20+ units 0.0%Mobile home 10.9%Other 1.8%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs1,093▲ 0.1% from the prior annual release
Covered establishments144annual average reporting locations
Average weekly wage$950▲ 3.1% from the prior annual release
Largest private supersectorTrade, transportation, and utilities31.2% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+0.1%WEEKLY WAGE+3.1%Trade, transportation, and utilities31.2%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Harper County is a lower-price but verification-heavy case: the $79,883 Zillow median home value in 2026-06 was 3.76% below its prior-year reading. That decline offers a lower observed price basis, but resale support remains unproven. Investors able to obtain property-level rent, condition, insurance, and exit evidence should investigate; buyers dependent on standardized cash-flow or quick-liquidity assumptions should be cautious.

02Housing economics

Market rent is not published, so gross yield cannot be computed. HUD’s $937 two-bedroom Fair Market Rent is a payment standard rather than asking rent and cannot fill that gap. FHFA annual HPI is absent, so no repeat-transaction index independently tests Zillow’s direction. The effective property-tax rate is 0.64%, with a $634 median annual tax; neither county rate nor median tax substitutes for a parcel’s assessed value and bill.

03Demand & competition

Demand and buyer competition are mixed rather than confirmed. In 2025, QCEW counted 1,093 annual-average covered jobs at county workplaces, up 0.09%, while the covered-worker average weekly wage rose 3.15%. Trade, transportation, and utilities was the largest disclosed private supersector; this describes covered workplace jobs, not resident employment or the whole economy. Net tax-return migration was -2, although movers in had average AGI $35,858 higher than movers out. Investor purchase mortgages were 9.09% of 11 purchases, limited evidence of non-owner competition rather than a broad buyer-demand measure.

04Risk & next checks

Inland flood is the dominant hazard, and the modeled climate-loss ratio is 0.43% of building value expected lost per year; it is not an insurance quote or a parcel-specific loss estimate. The supplied record has no Realtor.com listing price, active-listing, days-on-market, or price-reduction measure, preventing a conclusion on visible supply, marketing time, or seller concessions. Next checks are lease comps, vacancy and turnover, parcel assessments, flood-zone and elevation records, flood and hazard insurance quotes, condition, and current MLS/pending activity.

Cities & communities

Where people live within Harper County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Buffalo town1.1KLaverne town904Rosston town58May town29Selman CDP0
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

5 Census places

Population
  1. 01
    Buffalo townIncorporated place
    1,092
  2. 02
    Laverne townIncorporated place
    904
  3. 03
    Rosston townIncorporated place
    58
  4. 04
    May townIncorporated place
    29
  5. 05
    Selman CDPCensus-designated place
    0

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.426% of building value expected lost per year

Effective property tax0.64%

$634 median annual bill

02
DemandIRS SOI household flows
Net migration-2

43 in · 45 out

Arriving vs leaving income+$35,858

$76,302 arriving · $40,444 leaving

03
CompetitionHMDA financed purchases
Purchases by investors9.1%

1 of 11 mortgages

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. Property-level rents, vacancy, and repair needs may not support acquisition economics.
  2. Flood insurance, mitigation, or damage exposure may exceed preliminary carrying-cost assumptions.
  3. Thin observed purchase activity and unavailable MLS liquidity measures may make resale timing uncertain.
Underwriting questions

Before pricing a property

Can gross yield be calculated from the record?

No. Market rent is not published, and HUD Fair Market Rent cannot replace market asking rent.

What does the QCEW employment measure represent?

It is annual covered employment at workplaces in the county, not resident employment or an unemployment measure.

What is the dominant hazard identified for Harper County?

Inland flood.