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Canadian County, OK

RANK #778 / 996  ·  POP 156,681  ·  OK

PROJECTED GROWTH: -0.4%

Canadian County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Canadian County?

Canadian County, Oklahoma, is often recognized for its historic ties to the Chisholm Trail, a significant cattle drive route from the 1800s that once brought millions of cattle and horses through the area. Located in central Oklahoma, adjacent to Oklahoma County, it is part of the Oklahoma City metropolitan area. Interstate 40 runs directly through the county, with connections to I-35 and I-44 nearby, making commutes to Oklahoma City feasible, often within 30 minutes from towns like El Reno. The community offers a relaxed lifestyle with access to city amenities, and outdoor recreation includes Lake El Reno for water sports and fishing, along with various parks.

Life in Canadian County appeals to families and young professionals, many of whom own their homes. The public school systems in towns like Yukon, Mustang, and Piedmont are highly rated. The local economy is supported by a mix of agribusiness, manufacturing, and retail trade, with proximity to the Oklahoma City market. Energy sectors, including oil and gas production, also contribute to the county's economic landscape.

[02] Market Snapshot

Housing Ratio
4.7x

Above national median (4.7x)

GDP Growth
+1.5%

Below national median

Home Prices
+1.4%

Above national median

Climate & Terrain
-0.1

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 4.7x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Canadian County U.S. National

The Numbers

DEMOGRAPHICS
Population
156,681
+3.64% YoY
Median Household Income
$82,364
Median Home Value
$212,700
+1.43% 12mo
Median Rent
$1,129
Average Annual Pay
$49,576
+1.8% YoY
Employment
39,390
+4.6% YoY
Income-to-Home-Value
0.3872
More affordable than average
Migration Inflow
6.26%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$269,947
Days on Market
85
Slower market
Months of Supply
4.4
Balanced market
Sale-to-List Ratio
98.7%
Near asking price
Sold Above List
19.9%
Listings w/ Price Drops
21.3%
Building Permits (2024)
264
Single-Family Permits
232

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,306M
TOTAL
PROJECT AMOUNT STATUS
Mustang Natural Gas Plant
Oklahoma Gas & Electric Co.
$462M Operating
Canadian Hills Wind Farm
Canadian Hills Wind LLC (Operated by EDF Renewables)
$294M Operating
Canadian Battery/Storage (200 MW)
Undisclosed
$200M Planned
Shell Creek Renewable Energy Center
US Solar
$200M Planned
Canadian Battery/Storage (100 MW)
Undisclosed
$100M Planned
Multiple Residential Developments (Combined)
Various (e.g., LGI Homes, Rausch-Coleman Homes)
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +1.5% 26 percentile
Population Growth +3.6% 98 percentile
Income Growth +7.0% 18 percentile
Vacancy Rate 0.9% 62 percentile
Home Price Change +1.4% 51 percentile
Rent Growth +0.9% 18 percentile
Price/Rent 11x 77 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Canadian County, OK a good place to move to?

Canadian County has a Boom Town Index score of 22/100, ranking #778 among 996 U.S. counties. With job growth at +4.6% and a median household income of $82,364, it faces some economic headwinds compared to faster-growing counties.

Is Canadian County affordable?

The median home value in Canadian County is $212,700 with median rent at $1,129/month. The income-to-home-value ratio is 0.3872, which is more affordable than the national average.

Is Canadian County growing or shrinking?

Population growth: +3.6% year-over-year. Job growth: +4.6%. Home values changed +1.4% in the past 12 months.

Are people moving to Canadian County?

Yes — 6.26% of Canadian County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Coconino County, AZ 32 Madera County, CA 32 Barrow County, GA 32 Tehama County, CA 32 Liberty County, TX 32 Webb County, TX 32 Pierce County, WA 32 Hennepin County, MN 32