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Cleveland County, OK

RANK #565 / 1001 NAT  ·  #11 / 15 OK  ·  POP 300,047

1YR FORECAST: -0.1%

5YR OUTLOOK: +27%

Cleveland County's housing market is projected to grow -0.1% over the next year, below the national average.

[01] Why Cleveland County?

Cleveland County, Oklahoma, is home to Norman, the third-largest city in the state and site of the University of Oklahoma, a major institution that shapes the area's character. Located just south of Oklahoma City, the county offers a suburban and college-town atmosphere with a commute to the larger metropolitan area via Interstate 35. The landscape features significant water bodies like Lake Thunderbird and the Canadian River, providing opportunities for outdoor recreation such as hiking along reservoir shores and riverfront greenways. Several parks and trails are available, including those within Lake Thunderbird State Park.

Life in Cleveland County often involves a mix of families and young professionals, many of whom own their homes. The public school systems, including Moore, Norman, and Noble Public Schools, are generally well-regarded. The economy is diverse, with agribusiness, the equine industry, and manufacturing contributing to the local picture. Recent economic development initiatives aim to support entrepreneurs and foster business growth, with a focus on nurturing startups and providing services like seed and venture capital. The presence of the University of Oklahoma also contributes to research and development within the county.

MARKET PROFILE

Idiosyncratic Markets

Cleveland County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +1.9% YoY, population +0.8%, wages +3.1%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
14.6x

Overvalued relative to economy

Home Prices
+1.9%

Above national median

Climate & Terrain
1.1

Moderate climate & terrain

Price/Rent
14x

Below national median (15x)

Housing looks overvalued at 14.6x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    University of Oklahoma Education
    10,000+
  2. 2
    Walmart Retail
  3. 3
    Advanced Call Center Technologies (ACT) Technology
    1,000+
  4. 4
    Norman Regional Health System Healthcare
  5. 5
    Hanesbrands, Inc. Manufacturing
  6. 6
    Ingles Markets, Inc. Retail
  7. 7
    Curtiss Wright Flight Systems Inc. Manufacturing
  8. 8
    Pioneer Library System Other
  9. 9
    Chickasaw Nation Industries Other
  10. 10
    PT Central Healthcare

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

[04] Home Value Growth vs National

Cleveland County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
300,047
+0.84% YoY
Median Household Income
$77,068
Median Home Value
$235,700
+1.86% 12mo
Median Rent
$1,167
Average Annual Pay
$52,751
+3.1% YoY
Employment
91,948
+0.7% YoY
Income-to-Home-Value
0.327
More affordable than average
Migration Inflow
6.0%
of pop. from another state
Bachelor's Degree+
36.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$270,000
Days on Market
21
Active market
Months of Supply
2.4
Seller's market
Sale-to-List Ratio
98.5%
Near asking price
Sold Above List
19.9%
Listings w/ Price Drops
30.0%
Building Permits (2025)
590
Single-Family Permits
485

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.8
per 100K · nat avg 6.3
Firearm Fatalities
12.2
per 100K · nat avg 14.8
Injury Deaths
70.3
per 100K · nat avg 76.3
vs National Average
Well 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

C+
AIR QUALITY
GRADE
Median AQI (3yr)
51.3
Moderate
Good Air Days
46%
489 of 1,065 days
Unhealthy+ Days (3yr)
11
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
53
2022
49
2023
52
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

$150M
TOTAL
PROJECT AMOUNT STATUS
Cleveland Battery/Storage Project
Undisclosed
$100M Planned
Rock Creek Entertainment District Arena
Cleveland County Commissioners
$50M Proposed

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

[08] Score Breakdown

Population Growth +0.8% 60 percentile
Income Growth +3.5% 69 percentile
Vacancy Rate 1.2% 34 percentile
Home Price Change +1.9% 53 percentile
Rent Growth +3.7% 64 percentile
Price/Rent 14x 61 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

Cleveland County scores 43/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#565). Median household income is $77,068 and job growth is running at +0.7%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Cleveland County affordable?

Housing in Cleveland County is roughly in line with national affordability norms. The median home costs $235,700 and the income-to-home-value ratio sits at 0.33, with rents averaging $1,167/month. Not a bargain, but not a stretch for most local earners either.

Is Cleveland County growing or shrinking?

Cleveland County's population is growing — up +0.8% YoY — while the job market is roughly flat (employment change of +0.7%). Home values shifted +1.9% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Cleveland County?

In significant numbers — 6.0% of Cleveland 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

Pottawatomie County, OK 43 Washington County, OK 39 Oklahoma County, OK 55 Wagoner County, OK 31 Creek County, OK 58 Tulsa County, OK 58 Dauphin County, PA 43 Berkeley County, SC 43