Counties / Oklahoma / Pontotoc County

Pontotoc County, OK

FIPS 40123 · population 38,235 · part of Ada, OK

$195k
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
$195k
▲ 6.8% year over year
Zillow ZHVI · direct
Median asking rent
$1,114
▲ 6.5% year over year
Zillow ZORI · direct
Gross yield
6.9%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$994
market rent is 1.12x the 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.

Both annual signals move in the same direction
FHFA five-year cumulative+36.9%not annualized · through 2025
0%ZILLOW ZHVI2026-06+6.8%FHFA HPI2025+1.6%
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$175k
Surveyed gross rent$889
Rent burden 30%+37.6%
Median year built1978
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
13.7%vacant
17,531estimated housing units
Occupied tenure34.0% renter
owner 66.0%renter 34.0%
Structure mix78.3% single-family
Single-family 78.3%20+ units 1.7%Mobile home 8.9%Other 11.1%
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 jobs20,612▲ 1.1% from the prior annual release
Covered establishments1,191annual average reporting locations
Average weekly wage$1,163▲ 5.1% from the prior annual release
Largest private supersectorEducation and health services24.7% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+1.1%WEEKLY WAGE+5.1%Education and health services24.7%
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

Pontotoc County is a diligence-led rent case rather than a simple appreciation case: Zillow reports a $194,534 median home value and $1,114 median asking rent in its county observation labeled 2026-06, with a supplied 6.87% gross yield before expenses. That combination merits investigation by buyers able to verify subject-level carrying costs and flood exposure; it warrants caution for those relying on headline yield or resale momentum. The rent is measured asking rent, not a lease-up guarantee.

02Housing economics

Zillow's price rose 6.75% year over year, while the supplied FHFA annual observation labeled 2025 shows its repeat-transaction HPI up 1.64%. These are distinct methods and vintages: FHFA is not a dollar home value, and the rates should not be averaged. HUD's two-bedroom FMR is $994, a payment standard rather than market rent; the asking-rent measure is 12.1% above it. The 0.65% effective property-tax rate belongs in the expense screen; the yield is gross and says nothing about insurance, maintenance, vacancy or financing.

03Demand & competition

Annual QCEW records 20,612 covered jobs at county workplaces, up 1.09%, and a $1,163 average weekly covered-worker wage. Education and health services is the largest disclosed private supersector, representing 24.74% of private covered jobs; that is not a complete county-economy measure. Migration data show a net gain of 56 tax-return households and a $2,441 higher average income for movers in than out, but do not establish tenant demand. Investors accounted for 59 of 316 purchases, or 18.67%, indicating meaningful buyer participation rather than evidence on every submarket.

04Risk & next checks

Inland flood is the dominant hazard, and modeled expected annual climate loss is 0.18% of building value; this requires parcel-specific flood zone, elevation, prior-loss, deductible and insurance checks rather than a countywide adjustment. Realtor.com listing price, active-listing, days-on-market, price-reduction and pending data are not published, preventing a read on visible supply, marketing time or seller concessions. Closed-sale comps, property condition, operating expenses, insurance quotes and achieved rents are also absent, so acquisition basis, net yield and exit liquidity cannot be underwritten from this record.

Cities & communities

Where people live within Pontotoc 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
Ada city16.6KLatta CDP1.4KByng town1.3KPickett CDP897Allen town*883Roff town719Stonewall town445Francis town310
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

11 Census places

Population
  1. 01
    Ada cityIncorporated place
    16,575
  2. 02
    Latta CDPCensus-designated place
    1,405
  3. 03
    Byng townIncorporated place
    1,316
  4. 04
    Pickett CDPCensus-designated place
    897
  5. 05
    Allen townIncorporated place · spans 2 counties
    883
  6. 06
    Roff townIncorporated place
    719
  7. 07
    Stonewall townIncorporated place
    445
  8. 08
    Francis townIncorporated place
    310
  9. 09
    Fitzhugh townIncorporated place
    197
  10. 10
    Vanoss CDPCensus-designated place
    120
  11. 11
    Fittstown CDPCensus-designated place
    28

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

0.181% of building value expected lost per year

Effective property tax0.65%

$1,135 median annual bill

02
DemandIRS SOI household flows
Net migration+56

942 in · 886 out

Arriving vs leaving income+$2,441

$49,010 arriving · $46,569 leaving

03
CompetitionHMDA financed purchases
Purchases by investors18.7%

59 of 316 mortgages

investorother financed
Bear case

What can break the county thesis

  1. Property-specific flood exposure, insurance cost, deductibles or prior losses could erase the stated pre-cost yield.
  2. County median asking rent may not be achievable for a specific property, condition level or location.
  3. Absent listing-market and closed-sale evidence leaves supply conditions and exit liquidity untested.
Underwriting questions

Before pricing a property

Is HUD Fair Market Rent a market-rent estimate here?

No. It is a two-bedroom payment standard; a separate median asking-rent measure is published.

Does the QCEW job measure describe resident employment?

No. It measures annual average covered jobs at workplaces located in the county.

What does the record establish about current MLS listing conditions?

Nothing conclusive, because Realtor.com listing price, inventory, marketing-time, reduction and pending measures are not published.