Oklahoma County · Oklahoma · South · 697k residents
Oklahoma City, OK: economy, jobs & business costs
The site-selection read on Oklahoma City: labor costs, talent, corporate tax, energy, and business activity, with the Oklahoma median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,314/wk. Oklahoma's corporate income tax rate is 4%. Commercial electricity averages 8.9¢/kWh.
Compare Oklahoma City side by side
Avg. weekly wage
$1,314/wk
Corporate income tax
4%
Bachelor's degree or higher
34.7%
Commercial electricity
8.9¢/kWh
Economic momentum
How fast Oklahoma City's economy is moving, ranked against the US cities we track.
60/100
Steady
Ranks Oklahoma City's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $240,000 |
| Price per sq. ft. | $145 |
| Property tax rate | 1% |
| 1-bedroom rent | $1,000/mo |
| 2-bedroom rent | $1,250/mo |
| State & local income tax | 3.62% |
| Sales tax | 8.6% |
| Corporate income tax | 4% |
| Avg. weekly wage | $1,314/wk |
| Bachelor's degree or higher | 34.7% |
| Commercial electricity | 8.9¢/kWh |
| Businesses per 1k residents | 41.2/1k |
| Wage: Software developer | $122,390 |
| Wage: Registered nurse | $82,920 |
| Wage: General manager | $97,110 |
| Wage: Customer service | $39,330 |
| Wage: Warehouse worker | $35,120 |
| Wage: Heavy truck driver | $54,720 |
| Wage: Electrician | $61,010 |
| Wage: Retail salesperson | $30,160 |
| Cost of living index | 86 |
| Groceries index | 94 |
| Utilities | $160/mo |
| Transit pass | $60/mo |
| Gas price | $2.75/gal |
| Healthcare index | 94 |
| Childcare (per child) | $900/mo |
| Median household income | $62,000 |
| Unemployment rate | 3.3% |
| Population | 697k |
| Crime index | 53/100 |
| School rating | 5.5/10 |
| Walkability | 34/100 |
| Disaster risk | 98/100 |
| Avg. commute | 22 min |
| Sunny days / year | 235 days |
| July high | 93°F |
| January low | 27°F |
| Annual snowfall | 7 in |
| Home price YoY | -0.3% |
| Home price MoM | -0.2% |
| Rent YoY | +3.2% |
| Rent MoM | +0.4% |
| Employment (jobs) YoY | +0.4% |
| Building permits YoY | +19.1% |
| Ocean coast | 440 mi |
| Big lake | 109 mi |
| Mountains | 208 mi |
| Major airport | 7 mi |
| Ski resort | 433 mi |
Popular comparisons
Nearby
- Del City, OK · 21k
- Midwest City, OK · 58k
- Bethany, OK · 21k
- Moore, OK · 63k
- Mustang, OK · 22k
Similar size
- Tulsa, OK · 414k
- Norman, OK · 130k
- Broken Arrow, OK · 118k
- Edmond, OK · 97k
- Lawton, OK · 91k
Real listings in Oklahoma City
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Oklahoma City a good place to run a business?
- Oklahoma's corporate income tax rate is 4%; average weekly wages in the surrounding labor market run $1,314/wk; commercial electricity averages 8.9¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Oklahoma City, OK?
- Oklahoma City indexes at 86 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,250/mo and a median home value of $240,000.
- How much does a house cost in Oklahoma City?
- The median home value in Oklahoma City is $240,000 (compiled estimate; individual listings vary).
- How much is rent in Oklahoma City?
- A two-bedroom in Oklahoma City rents for about $1,250/mo.