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Oklahoma County, OK

RANK #648 / 996  ·  POP 795,822  ·  OK

PROJECTED GROWTH: +0.2%

Oklahoma County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Oklahoma County?

Central Oklahoma County is home to Oklahoma City, the state capital and most populous city, which anchors the larger Oklahoma City metropolitan area. The county is notable for being one of only a few in the U.S. that shares its name with its state, and the only one to contain its state capital. Commutes within the county are generally manageable, with many destinations reachable within 30 minutes. Outdoor recreation opportunities are available at places like Lake Stanley Draper and Arcadia Lake, and the Oklahoma River offers kayaking, paddleboarding, and whitewater rafting at RIVERSPORT Rapids. The county also features numerous parks and trails, including the Myriad Botanical Gardens downtown.

Life in Oklahoma County offers a blend of urban amenities and a comparatively slower pace. Many residents own their homes, and the public schools in towns like Edmond, Bethany, and Choctaw-Nicoma Park are highly rated. The economy is diverse, with key sectors including aviation, aerospace, and energy. Recent economic developments show growth in jobs and population, with ongoing investments in various industries. Public transportation options, including bus service, a streetcar, and ferry transit, help connect residents throughout the Oklahoma City metro area.

[02] Market Snapshot

Housing Ratio
2.6x

Undervalued relative to economy

GDP Growth
+1.7%

Below national median

Home Prices
-0.5%

Prices declining

Climate & Terrain
0.2

Moderate climate & terrain

Price/Rent
12x

Below national median (13x)

Housing looks undervalued at 2.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Oklahoma County U.S. National

The Numbers

DEMOGRAPHICS
Population
795,822
+0.62% YoY
Median Household Income
$62,505
Median Home Value
$190,500
-0.49% 12mo
Median Rent
$1,008
Average Annual Pay
$65,904
+4.4% YoY
Employment
495,002
+1.7% YoY
Income-to-Home-Value
0.3281
More affordable than average
Migration Inflow
2.99%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$255,024
Days on Market
63
Slower market
Months of Supply
3.8
Balanced market
Sale-to-List Ratio
97.8%
Negotiation room for buyers
Sold Above List
17.9%
Listings w/ Price Drops
26.6%
Building Permits (2024)
6,164
Single-Family Permits
4,531

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

[05] Capital Investment

$11,344M
TOTAL
PROJECT AMOUNT STATUS
Google Data Center Expansion (Stillwater)
Google
$9,000M Under Construction
Oklahoma Data Center Campus (1,600MW AI Campus)
IREN
$1,600M Planned
HL 13 & 14 (Horseshoe Lake Power Plant expansion)
OG&E
$394M Approved
GridStor Battery Energy Storage System (BESS)
GridStor (acquired from Black Mountain Energy Storage)
$200M Under Construction
Oklahoma Battery/Storage Project
Undisclosed (part of SPP interconnection queue)
$100M Planned
Continental Coliseum (New Downtown Arena)
Oklahoma City
$50M Under Construction

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

[06] Score Breakdown

GDP Growth +1.7% 28 percentile
Population Growth +0.6% 58 percentile
Income Growth +7.3% 22 percentile
Vacancy Rate 2.0% 8 percentile
Home Price Change -0.5% 26 percentile
Rent Growth +2.5% 40 percentile
Price/Rent 12x 67 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Oklahoma County has a Boom Town Index score of 35/100, ranking #648 among 996 U.S. counties. With job growth at +1.7% and a median household income of $62,505, it faces some economic headwinds compared to faster-growing counties.

Is Oklahoma County affordable?

The median home value in Oklahoma County is $190,500 with median rent at $1,008/month. The income-to-home-value ratio is 0.3281, which is more affordable than the national average.

Is Oklahoma County growing or shrinking?

Population growth: +0.6% year-over-year. Job growth: +1.7%. Home values changed -0.5% in the past 12 months.

Are people moving to Oklahoma County?

Yes — 2.99% of Oklahoma County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Richland County, SC 45 Norfolk County, MA 45 Hall County, NE 45 Columbia County, PA 45 Yakima County, WA 45 Mercer County, WV 45 Bonneville County, ID 45 Madison County, KY 45