38 / 100

Canadian County, OK

East Canadian

RANK #608 / 996 NAT  ·  #13 / 14 OK  ·  POP 156,681

1YR FORECAST: +0.1%

5YR OUTLOOK: +21%

#20 Fastest Growing
Canadian County's housing market is projected to grow +0.1% over the next year, below the national average.

[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] Top Employers

  1. 1
    Health Care & Social Assistance Healthcare
    10,000+
  2. 2
    Retail Trade Retail
  3. 3
    Educational Services Education
    5,000+
  4. 4
    Canadian Valley Technology Center Education
    500+
  5. 5
    Redlands Community College Education
    100+
  6. 6
    NARCONON (Narconon Arrowhead) Other
    51
  7. 7
    Canadian County Government Government
  8. 8
    Arrowhead Golf Club Hospitality
    11

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
32.0%
of residents (national avg: 33%)

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] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.2
per 100K · nat avg 6.3
Firearm Fatalities
13.8
per 100K · nat avg 14.8
Injury Deaths
72.9
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
41.7
Good
Good Air Days
79%
705 of 895 days
Unhealthy+ Days (3yr)
12
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
37
2022
43
2023
45
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

At 38/100, Canadian County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $82,364 combined with job growth of +4.6% suggests the local economy is struggling to keep pace with national trends.

Is Canadian County affordable?

By national standards, Canadian County is quite affordable. Homes here have a median value of $212,700, and the income-to-home-value ratio of 0.39 is well above the U.S. average — especially with median rent at just $1,129/month. Residents can generally buy a home without being cost-burdened.

Is Canadian County growing or shrinking?

Canadian County is growing on multiple fronts. Population is up +3.6% year-over-year while employers added jobs at a +4.6% clip. Home values shifted +1.4% in the past year.

Are people moving to Canadian County?

In significant numbers — 6.26% of Canadian County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Rogers County, OK 48 Oklahoma County, OK 48 Cleveland County, OK 28 Washington County, OK 58 Wagoner County, OK 68 Pottawatomie County, OK 75 Fairfield County, OH 38 Spotsylvania County, VA 38