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Oklahoma City

Learn about the people, housing, costs and businesses in Oklahoma City

Median Home$233,121
Median Rent$1,233/month
Population1,463,267
Leading IndustriesManufacturing · Agriculture & Mining · Wholesale Trade2% manufacturing
Home Value Growth⬆⬆+14.8% over 2 years
Family-Friendly24% of residentsabove average nationally
Homeowners64% of occupied units
NotableVeteran Community8% of residents · top 28% nationally
Oklahoma City

Frequently Asked Questions

What are today's mortgage rates in Oklahoma City?

Mortgage rates for Oklahoma City are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Oklahoma City?

The median home value in Oklahoma City is $233k. The median monthly rent is $1,233. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Oklahoma City?

Home values in Oklahoma City have increased 14.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Oklahoma City?

Based on a typical all-in ownership cost of $1,246/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Oklahoma City is $80k/year.

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What industries drive the economy in Oklahoma City?

The largest employment sectors in Oklahoma City are public administration (23%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.