Oklahoma City, OK

Why Oklahoma City?

Oklahoma City is the capital and largest city of the state of Oklahoma. The county seat of Oklahoma County, the city ranks 27th among United States cities in population. The population grew following the 2010 Census, with the population estimated to have increased to 631,346 as of July 2015. As of 2015, the Oklahoma City metropolitan area had a population of 1,358,452, and the Oklahoma City-Shawnee Combined Statistical Area had a population of 1,459,758 (Chamber of Commerce) residents, making it Oklahoma’s largest metropolitan area.

Oklahoma City, lying in the Great Plains region, features one of the largest livestock markets in the world. Oil, natural gas, petroleum products and related industries are the largest sector of the local economy. The city is situated in the middle of an active oil field and oil derricks dot the capitol grounds. The federal government employs large numbers of workers at Tinker Air Force Base and the United States Department of Transportation’s Mike Monroney Aeronautical Center (these two sites house several offices of the Federal Aviation Administration and the Transportation Department’s Enterprise Service Center, respectively).

Oklahoma City is on the I-35 Corridor and is one of the primary travel corridors into neighboring Texas and Mexico.

Fast Facts

  • Affordable communities. The average sale price per square foot in the top 10 is $70.53, which is 14% below the statewide median of $82.25.

  • The Oklahoma real estate market is very healthy. The Oklahoma market earned a rating of 9.2 out of 10 by Zillow with a total appreciation rate of 4.89 percent.

  • Metro Oklahoma City is booming. Six of the top 10 places are within 40 miles of Oklahoma City, the economic heart of the state and home to Fortune 500 companies,

  • Local government with a 15 year growth initiative (in full swing and effective)

  • Lowest unemployment (for cities over 1 million population) 3.5 (Forbes)

  • 2nd best place to start a small business. (Business Journal)

  • 7th best population growth. (Bloomberg)

  • 17th fastest growing city in the country. (Forbes)

  • Homes purchased in the Oklahoma City housing market five years ago have appreciated, on average, by $26,927.

Metro Profile

41st

MSA Population Ranking: 1,358,452

stats from en.wikipedia.org

$36,797

Median Household Income

stats from en.wikipedia.org

3.33%

Average Annual Appreciation Rate

stats from www.neighborhoodscout.com

Properties in Oklahoma City

Find Us

18765 SW Boones Ferry Rd.
Suite 325
Tualatin OR 97062

P: 503-217-2444
T: 855-290-2444
F: 503-655-3318
E: invest@northpeakinvest.com

You have questions.

We have answers...

An affiliate of:

Share This