OKLAHOMA CITY
AT A GLANCE
METRO POPULATION
1.5 MILLION
UNEMPLOYMENT RATE
2.8%
AVERAGE MONTHLY RENT
$1,300 - $1,600
AVERAGE HOME PRICE
$195,000 - $245,000
AVERAGE HIGH/LOW TEMPS
81.1ºF/41.2ºF
MEDIAN INCOME
$66,301
Information from realestate.usnews.com
MARKET HIGHLIGHTS
WHY INVEST IN OKLAHOMA CITY
Oklahoma City has seen steady growth in both its population and its economy over the years. With a low cost of living and a diverse range of industries, it's a great place to invest in real estate.
The city's population has grown by nearly 10% over the past decade, and it's projected to continue growing. This means that demand for housing is likely to remain strong, which should keep property values on the rise. In fact, the average home value in Oklahoma City has increased by 7.7% over the past year, which is a strong indication of the city's economic growth and stability.
Oklahoma City's rental market is also very strong, with low vacancy rates and rising rents. This makes it a great place to invest in rental properties, as you're likely to have a steady stream of tenants. The city also has a diverse range of industries, including aerospace, healthcare, and energy, which means there are plenty of job opportunities for renters.
MARKET HIGHLIGHTS
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Companies with presence in Oklahoma City: AT&T, Boeing Company, The Hertz Corporation, American Fidelity Insurance, Chesapeake Energy, Devon Energy, Tinker Air Force Base
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Top Ranked Schools in the state
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Housing costs are 21% lower than the national average