Welcome to Oklahoma City, Oklahoma
A city that is as vibrant and diverse as it is welcoming. With its unique blend of cultural richness, economic dynamism, and friendly community spirit, Oklahoma City has something for everyone. Let’s take a closer look at key demographic, economic, and social characteristics that make this city a prime destination for potential residents or investors.
Average Salary in Oklahoma City
Its average salary is a central indicator of Oklahoma City’s robust economy. The earnings compete favorably with many other locations nationwide, with a figure standing at $54,000. This competitive wage, combined with a wide range of job opportunities in sectors as diverse as Energy, healthcare, manufacturing, aerospace, logistics makes Oklahoma City an ideal location for professionals from various walks of life.
Median Home Value in Oklahoma City
The real estate landscape in Oklahoma City is as varied as it is promising. The median home value is $170,000, offering everything from cosy starter homes to luxurious residences. An impressive homeownership rate of 40.30% underlines Oklahoma City as a prime spot for long-term investment and stability.
For those who prefer the flexibility of renting, they’ll be in good company. 59.70% of the local populace choose to rent, drawn by a versatile rental market that offers options for everyone from recent graduates to retirees.
Credit Ratings and Loan Opportunities in Oklahoma City
The financial health of a city’s residents can be crucial in numerous aspects, including the capacity to secure loans. In Oklahoma, the average credit score sits at 693. This rating is a key factor for financial institutions when offering loans, with higher scores often leading to more favorable loan conditions.
However, a low credit score is not a roadblock in Oklahoma City. Numerous lenders in the city are specialists in offering guidance and loan solutions to individuals across the credit score spectrum, ensuring everyone has the opportunity to realize their financial goals.
Demographics and Density in Oklahoma City
Oklahoma City has a population of around 687,725 inhabitants. These residents are comfortably spread across 606.2 sq mi (or 1,570.1 km2), ensuring a comfortable balance of urban life without the pressures of overpopulation. The city’s population density stands at 1,123 individuals per square mile, offering a sense of community while still allowing for personal space.
Economic Landscape in Oklahoma City
Oklahoma City enjoys a thriving economy with Energy, healthcare, manufacturing, aerospace, logistics being the major contributors. The proximity of the nearest airport (Will Rogers World Airport (OKC)), amplifies the city’s attractiveness for businesses seeking to expand or set up shop, offering excellent connectivity with both national and international markets. The city’s average credit score of 693 reflects a financially responsible and economically active populace.
Educational Opportunities in Oklahoma City
Oklahoma City holds education in high esteem. The city boasts top-ranking schools, such as Classen School of Advanced Studies, Harding Charter Preparatory High School, Putnam City North High School, Southeast High School, Douglass High School, providing excellent educational opportunities from the foundational levels. For higher education, prestigious institutions like University of Oklahoma, Oklahoma City Community College and Oklahoma State University, produce a well-educated, competent workforce contributing to Oklahoma City’s vibrant economy and societal fabric.
City’s Alias: Oklahoma City
Affectionately known as ‘OKC‘, Oklahoma City, positioned at 35.47°N 97.51°W, is celebrated for its energetic culture, committed efforts to preserve its rich history, and the superior lifestyle it provides its residents. Whether you’re a potential resident, investor, or visitor, Oklahoma City promises a rewarding and enriching experience.
Recreation and Lifestyle in Oklahoma City
Experience the exciting pace of life in Oklahoma City, where many recreational activities await. Whether you’re an art enthusiast, a sports fanatic, or a nature lover, Oklahoma City caters to all. Popular attractions include Oklahoma City National Memorial, Myriad Botanical Gardens and Oklahoma City Zoo, providing a rich mixture of educational and entertainment experiences.
The city’s commitment to promoting a balanced lifestyle is further showcased by its array of parks and open spaces, ideal for relaxation or active pursuits. Not to forget Oklahoma City’s vibrant events calendar, filled with cultural festivals, sporting events, and community gatherings that highlight the city’s spirit of camaraderie.