Oklahoma City, OK
Population 688,693 · Oklahoma
About Oklahoma City, OK
Oklahoma City is a major city located in Oklahoma with a population of 688,693 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,702 per year, which is 11% below the national median of $75,149. The median age of 35 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Oklahoma City features a median home value of $215,100, which is 12% below the national median of $244,900. This positions Oklahoma City in a moderately priced market relative to the rest of the country. Median monthly rent is $1,083, 7% below the national average of $1,163/month. Of the 302,751 total housing units, 59% are owner-occupied (162,721 units) and 41% are renter-occupied (112,472 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Oklahoma City shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 15.2%, above the national average of 12.4%. Workers in Oklahoma City have an average one-way commute time of 22.2 minutes.
Education & Demographics
34.0% of Oklahoma City residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 17.3% White, 7.8% Hispanic or Latino, 0.5% Black or African American, and 3.8% Asian residents, with 12.0% of the population being foreign-born.
How Oklahoma City Ranks in Oklahoma
Cost of Living in Oklahoma City, OK
Compared to national averages, Oklahoma City has a median household income of $66,702 (11% below the national median of $75,149). Home values average $215,100, which is 12% below the national median. Monthly rent at $1,083 is 7% below the US average of $1,163. Within Oklahoma, Oklahoma City's income is 18% above the state average of $56,382, and home values are 79% above the state median of $119,992.
Why Live in Oklahoma City, OK?
Oklahoma City offers affordable housing with a median home value of $215,100, below the US average of $244,900, and rent that’s lower than the national average at $1,083/month, and a well-educated community where 34.0% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 22.2 minutes.
Potential considerations include median household income ($66,702) that falls below the national average. However, as a major city, Oklahoma City provides access to a wide range of amenities and services.
Oklahoma City has a population of 688,693 with a median age of 35 years. Compare Oklahoma City with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Oklahoma City
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tulsa | 412,322 | $58,407 | $189,600 | Compare |
| Norman | 128,714 | $65,060 | $239,300 | Compare |
| Broken Arrow | 115,919 | $85,220 | $229,300 | Compare |
| Edmond | 95,618 | $102,032 | $324,900 | Compare |
| Lawton | 90,662 | $53,588 | $134,200 | Compare |
| Moore | 63,045 | $76,941 | $189,300 | Compare |
| Midwest City | 58,170 | $57,739 | $158,400 | Compare |
| Enid | 50,821 | $63,472 | $143,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oklahoma
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Oklahoma City With Other Cities
Frequently Asked Questions about Oklahoma City
What is the population of Oklahoma City, OK?
The population of Oklahoma City, OK is 688,693 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Oklahoma.
What is the median household income in Oklahoma City?
The median household income in Oklahoma City, OK is $66,702 per year, which is 11% below the national median of $75,149.
What is the median home value in Oklahoma City?
The median home value in Oklahoma City, OK is $215,100, which is 12% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oklahoma City?
The median monthly rent in Oklahoma City, OK is $1,083, which is 7% below the national average of $1,163/month.
What is the unemployment rate in Oklahoma City?
The unemployment rate in Oklahoma City, OK is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oklahoma City, OK a good place to live?
Oklahoma City offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 688,693 and a median age of 35, the city appeals to a broad range of residents.
How educated is Oklahoma City, OK?
34.0% of residents in Oklahoma City aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Oklahoma City?
Key cost-of-living indicators for Oklahoma City, OK: median home value is $215,100 (12% below national), median rent is $1,083/month, and median household income is $66,702. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oklahoma City?
The poverty rate in Oklahoma City, OK is 15.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Oklahoma City, OK?
Oklahoma City's population is 17.3% White, 7.8% Hispanic or Latino, 0.5% Black or African American, 3.8% Asian, and 13.1% two or more races. 12.0% of residents are foreign-born.