Economic Attributes

Check out http://www.velocityokc.com/, the digital magazine for Greater Oklahoma City, for information on everything from Oklahoma City's recession-proof economy and #1 rankings--to great eats and entertainment in the metro area!

In Oklahoma, our low costs mean you can increase your standard of living substantially. Our low costs mean more for your dollar, more out of life.

Don't just take our word for it:

  • Business Facilities ranks Lawton #9 for cost of living for cities under 500,000 population.
  • Forbes ranks Oklahoma City #2 among Best Housing Markets.
  • Indeed.com ranks Oklahoma City #6 among Best Places to Look for a Job.
  • RelocateAmerica.com ranks Tulsa as the #1 place to live in America, followed by Oklahoma City at #10.
  • Business Week ranks Oklahoma City #1 among its Top 10 Places for Renters.
  • US Census Bureau names Tulsa and Oklahoma City among the places with the shortest commutes to work -- Tulsa at 16.8 minutes average and Oklahoma City at 17.8 minutes.
  • Salary.com ranked Oklahoma City (No. 9) and Tulsa (No. 12) among the most favorable cities to build personal wealth. Both cities performed well because of their low cost of living and high rate of pay.
  • Oklahoma City tops list of Most Affordable www.msnbc.msn.com/id/39957282/ns/business-forbescom/

Below Information Taken from davejaye.com/studentdata/OKLAHOMA.doc

Market access:
Equidistant between Los Angeles, New York City and Mexico City, more than 75 million people live within a 500-mile radius of the state.

  • Both I-35 and I-40 cross the center of our state, allowing direct transportation to or from either coast, Canada and Mexico.
  • International air passenger and cargo service is available through Oklahoma City and Tulsa, and 155 regional airports provide service statewide.
  • Oklahoma's Port of Catoosa, the nation's most inland, all weather port, links Oklahoma to major U.S. and world markets.

More time:
Studies show Americans spend 24 minutes each day commuting to and from work. Those who move to Oklahoma from larger cities like Chicago, Houston or Los Angeles save enough time on their daily commute to gain the equivalent of at least two extra weeks per year. According to the U.S. Census Bureau, only a handful of large cities boast an average commute of 20 minutes or less including Oklahoma City at 17.8 minutes and Tulsa at 16.8 minutes.

More for less:
In Oklahoma, low costs mean residents can increase their standard of living. To enjoy the same spending power as an Oklahoman counterpart, individuals have to earn:

  • 7% more in St. Louis, Atlanta or Phoenix;
  • 29% more in Orlando;
  • 41% more in Los Angeles or Chicago; and
  • 137% more in Boston.

Great Education:
Among all comprehensive public universities in the nation, the University of Oklahoma ranks at the top per capita in its enrollment of National Merit Scholars and ranks in the top five U.S. public universities for graduation of Rhodes Scholars.

Oklahoma State University was named a Truman Honor Institution for its production of national scholars. This distinction recognizes OSU's success in grooming Oklahoma students to become competitive for national scholarships.

Lakes aplenty:
Dust bowl? Hardly. There are more man-made lakes in Oklahoma than in any other state--perfect for the abundance of water activities available at state parks and resorts. Two hundred lakes and reservoirs mean Oklahoma has 78,578 miles of rivers and streams and roughly 11,611 miles of shoreline.

Top-notch zoos:
The Tulsa Zoo recently was selected America's Favorite Zoo in Microsoft Game Studio's "Zoo Tycoon 2" contest. And the Oklahoma City Zoo was recently ranked the third best zoo for children and families by Child magazine.

More than 300 museums are located throughout Oklahoma, and the state ranks 17th in per capita spending on the arts. Some of the state's world-renowned museums include Philbrook Art Museum, Gilcrease Museum, National Cowboy and Western Heritage Museum, Oklahoma City Museum of Art and the Sam Noble Oklahoma Museum of Natural History.

Oklahoma's Capital Gets a Makeover:
Endless renovations and updates over the past 10 years have made Oklahoma City one of the most talked about cities in the US. The Metropolitan Area Projects Plan 3 (MAPS 3) is kicking off in April of 2011.

MAPS 3 is a 10-year plan that promises exciting improvements through eight projects-- including the Oklahoma River improvement plan, which will provide a whitewater park, grandstands and a floating stage.

Another quick approaching project is the $10 million, 70-mile sidewalk project, followed by 50 miles of trail improvements worth about $40 million.

Health and wellness centers, a street car transit hub and a downtown park are projected to be completed by the year 2014.

The most expensive project will be saved for last - a $280 million convention center which is expected to start construction towards the end of the 10-year plan.

For more information on Oklahoma City's exciting MAPS 3 updates, visit http://www.okc.gov/maps3/.



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Oklahoma's largest hospital network
3300 N.W. Expressway
Oklahoma City, OK 73112 Phone: (405) 951-2277
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