High Rents Relative to Property Values
Oklahoma City is a very large city located in the state of Oklahoma. With a population of 591,967 people and 195 constituent neighborhoods, Oklahoma City is the largest community in Oklahoma.
Oklahoma City real estate is some of the most expensive in Oklahoma, although Oklahoma City house values don't compare to the most expensive real estate in the U.S.
Unlike some cities, Oklahoma City isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Oklahoma City are a mix of both white- and blue-collar jobs. Overall, Oklahoma City is a city of sales and office workers, professionals and service providers. There are especially a lot of people living in Oklahoma City who work in office and administrative support (15.22%), sales jobs (11.08%) and management occupations (8.87%).
Also of interest is that Oklahoma City has more people living here who work in computers and math than 95% of the places in the US.
Oklahoma City is one of the most attractive larger cities for people who are young, single, educated, and upwardly-mobile career starters. This makes it a good place to live for young singles in their 20s and 30s and who have undergraduate or graduate degrees and are starting their professional careers. Although Oklahoma City is a large city, this demographic is significant enough that young professionals will find many others like themselves here, with really good opportunities for friendships, recreation, romance, and more.
Of the large cities in America, Oklahoma City is one of the most car-oriented. This is reflected in the urban landscape, which features highways, wide streets, parking lots, and shopping centers of all sizes. It is also reflected in the statistics: 84.65% of people in Oklahoma City drive to work in their own car everyday, most often alone. So, if you're going to live in Oklahoma City, you'll need to learn to love driving. Alternative forms of transportation aren't very widely used or supported.
The overall education level of Oklahoma City is somewhat higher than in the average US city of 21.84%: 27.85% of adults 25 and older in the city have at least a bachelor's degree.
The per capita income in Oklahoma City in 2010 was $25,450, which is wealthy relative to Oklahoma, and upper middle income relative to the rest of the US. This equates to an annual income of $101,800 for a family of four. However, Oklahoma City contains both very wealthy and poor people as well.
Oklahoma City is an extremely ethnically-diverse city. The people who call Oklahoma City home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Oklahoma City residents report their race to be White, followed by Black or African-American. Oklahoma City also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.25% of the city’s residents. Important ancestries of people in Oklahoma City include German, Irish and English.
The most common language spoken in Oklahoma City is English. Some people also speak Spanish.
Information by Department of Numbers, Bureau of Labor Statistics, U.S. Census Bureau and Locatoin Incorporated are deemed reliable but not guaranteed.
|TIME PERIOD||TOTAL APPRECIATION||AVG. ANNUAL RATE||COMPARED TO State*||COMPARED TO AMERICA*|
2022 Q3-2022 Q4
|Last 12 Months:
2021 Q4-2022 Q4
|Last 2 Years:
2020 Q4-2022 Q4
|Last 5 Years:
2017 Q4-2022 Q4
|Last 10 Years:
2012 Q4-2022 Q4
|Since 2000: Q1-2022 Q4||0.00%||0.00%|
RATINGS: 1=Very Low 2=Low 3=Moderate 4=High 5=Very High
|REGIONAL TREND||LAST 1 YEAR||COMPARED TO NATION*||LAST 2 YEARS||COMPARED TO NATION*|
|Stock Performance of Region's Industries||0.00%||0.00%|
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