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Oklahoma County, OK

Oklahoma City Southwest

RANK #519 / 996 NAT  ·  #12 / 14 OK  ·  POP 795,822

1YR FORECAST: +0.6%

5YR OUTLOOK: +23%

Oklahoma County's housing market is projected to grow +0.6% over the next year, below the national average.

[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] Top Employers

  1. 1
    Tinker Air Force Base Military
    10,000+
  2. 2
    State of Oklahoma Government
  3. 3
    University of Oklahoma Education
    5,000+
  4. 4
    Federal Aviation Administration (FAA) Government
  5. 5
    INTEGRIS Health Healthcare
  6. 6
    Mercy Hospital Oklahoma City Healthcare
    2,500+
  7. 7
    Hobby Lobby Retail
  8. 8
    Love's Travel Stops & Country Stores Retail
  9. 9
    OG&E Energy Corp. Energy
  10. 10
    Paycom Technology
    1,000+

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

[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
Bachelor's Degree+
34.2%
of residents (national avg: 33%)

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] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
10.9
per 100K · nat avg 6.3
Firearm Fatalities
21.3
per 100K · nat avg 14.8
Injury Deaths
109.3
per 100K · nat avg 76.3
vs National Average
Well above 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)
53.7
Moderate
Good Air Days
38%
419 of 1,095 days
Unhealthy+ Days (3yr)
17
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
54
2022
54
2023
53
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

$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.

[08] 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.

[09] Frequently Asked Questions

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

Oklahoma County scores 48/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#519). Median household income is $62,505 and job growth is running at +1.7%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Oklahoma County affordable?

Housing in Oklahoma County is roughly in line with national affordability norms. The median home costs $190,500 and the income-to-home-value ratio sits at 0.33, with rents averaging $1,008/month. Not a bargain, but not a stretch for most local earners either.

Is Oklahoma County growing or shrinking?

Oklahoma County is growing on multiple fronts. Population is up +0.6% year-over-year while employers added jobs at a +1.7% clip. Home values shifted -0.5% in the past year.

Are people moving to Oklahoma County?

There's a moderate stream of newcomers. About 2.99% of residents moved from another state, which is above average and suggests Oklahoma County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Rogers County, OK 48 Washington County, OK 58 Canadian County, OK 38 Wagoner County, OK 68 Cleveland County, OK 28 Pottawatomie County, OK 75 Macomb County, MI 48 Ocean County, NJ 48