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Moving to Oklahoma

Are You Moving From or To Oklahoma?

Oklahoma is a midwestern U.S. state whose diverse landscape includes the Great Plains, hills lakes, and forests. Oklahoma City, the capital, is home to the National Cowboy and Western Heritage Museum, recognizing the state’s pioneer history, and the Bricktown entertainment district, popular for dining and nightlife. The poignant Oklahoma City National Memorial and Museum commemorates the bombing here in 1995.

Oklahoma City metro is the second-largest U.S. city by area and home to more than 1.4 million people! Downtown features the 844-feet tall Devon Energy Center, the NBA’s OKC Thunder at Chesapeake Energy Arena, and incredible event space at Cox Convention Center. Next to the official downtown area is the entertainment capital of Oklahoma: Bricktown OKC. Bricktown was once the major railroad hub before reaching Sante Fe but later fell into disrepair until resurgence began in the mid-1990s. Today, Bricktown features the OKC River Walk, Olympic rowing and whitewater rafting, and some of the best bars, clubs, and restaurants in the state.

Oklahoma is more than a great place, there are many great reasons to live here or stay here. Land of opportunity, 4 seasons, Sunsets and Lakes, Sports, Great place to retire especially for Veterans, Great Low Cost of Living, Great place to start a business, Friendly people, fun attractions, and live music scene, and easy commuting.

If you’re moving to Oklahoma, there are a lot of things you’re going to need to know. Luckily, you’ve come to the right place.

Moving to Oklahoma

Pros and Cons of Living in Oklahoma

Here are a few pros and cons to consider as you make your move to The Sooner State:

Pros.
  • The cost of living is very low when living in Oklahoma City. Oklahoma City has a cost-of-living score of 91.5 on a scale of 100. That means you can earn $47,000 per year when living here and enjoy the same lifestyle that it would take $60,000 per year to have over in Atlanta.
  • Earnings growth has been rapid in Oklahoma City. There are also several significant employers in the area, including Hobby Lobby, Mercy Health, Devon Energy, and AT&T. This benefit is also reflected in the 3.3% unemployment rate.
  •  You will find warm and welcoming people in the state. Oklahoma City often ranks in the top 10 as one of the friendliest cities in the United States. Part of the reason why there’s such a high level of happiness here is that there is something for everyone to enjoy. 
  • Oklahoma City provides access to an excellent educational infrastructure. If you want to move your family to Oklahoma City, then there is good news on the educational front.
Cons.
  • Food is taxed throughout the state. When you purchase food in Oklahoma City, then you are going to pay a tax on it.
  • Unpredictable weather: From rain to snow, and everything between, the climate can get a little crazy around these parts. Daily weather conditions can change dramatically, so be prepared.
  • Lack of large cities: Other than Tulsa and Oklahoma City (aka OKC), there aren’t that many in the way of big cities. Of course, that might be exactly the reason you’re considering a move here.
Tax Rates
  • Property Tax: 0.90%. The effective real-estate tax rate is #24 lowest in the US.
  • Sales Tax: Oklahoma’s base state sales tax rate is currently 4.5%. Including local sales tax, you can expect to pay anywhere between 4.5% to 11.5% sales tax on most things you buy.
  • Income Tax: 0.5–5.00%. The state has a progressive income tax code.
Housing Market

The housing market in Oklahoma City is exceptionally affordable.

Housing is one of the primary reasons why the cost of living in Oklahoma City is such an inviting benefit. The median house price in the city in 2019 was only $148,000. That’s compared to the national average in the United States of $240,000. That’s a significant difference, which means there is a big to consider for potential home buyers. It’s one of the most affordable median home prices in the country for a city of its size.

What Should I Know In 2020?

Economy Outlook

Oklahoma’s economy is not as balanced as those of many other U.S. states. There has in the past been overdependence on agriculture and petroleum, but the efforts of state and local officials to attract new forms of industry as well as tourism have shown some success. The annual per capita income is significantly below the national average, as is the median household income.

Oklahoma has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.

Oklahoma City boasts an increasingly diversified economy, with aviation and aerospace making up the largest sector in both employment and economic impact. Bioscience, energy, and logistics industries also play a significant role in the market.

Oklahoma has one of the most innovative and recognized incentive programs in the nation with the Oklahoma Quality Jobs Program, which provides cash payments to qualifying companies who create and maintain quality jobs in Oklahoma.

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Traffic & Transportation

Oklahoma City is served by an extensive freeway network. The city’s network serves every major city in the region and is 6–8 lanes. Most have a level of congestion significantly lower than most comparably sized cities. In fact, OKC’s freeways are rarely congested with the “stop and go” commuter patterns of other major cities. It is often said that one can get from any part of the OKC Metro area to downtown in 30 minutes or less by the freeway. The city streets are on a N–S–E–W grid network with major streets one mile separated.

The former section of I-40 directly adjacent to downtown was known as the “Crosstown Expressway”. The I-40 Crosstown Construction Project relocated the original elevated stretch of highway several blocks to the south.

Cost of living

Oklahoma City, OK area prices were up 1.2% from a year ago. The largest increases were found in Transportation, Food, and Housing.

Oklahoma City, Oklahoma’s cost of living is 15% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary, and the real estate market of that area.

Oklahoma City has grocery prices that are 9% lower than the national average. Healthcare in Oklahoma City is 9% lower than the national average.

-Four-person family monthly costs: 3,010.68$ without rent.
-A single person monthly costs: 853.16$ without rent.
-The cost of living index in Oklahoma City is 34.39% lower than in New York.
-Rent in Oklahoma City is, on average, 70.92% lower than in New York.

Moving to Oklahoma

Things to Know When Moving To Oklahoma

Oklahoma Climate

Oklahoma has a southern humid belt merging with a colder northern continental one and humid eastern and dry western zones that cut through the state. The result is normally pleasant weather and an average annual temperature of about 60 °F (16 °C), increasing from northwest to southeast. No region is free from wind.

Employment

As of Oct 12, 2020, the average annual pay for the Hourly Rate jobs category in Oklahoma is $39,674 a year.

Real Estate

The typical home value of homes in Oklahoma is $139,614. This value is seasonally adjusted and only includes the middle price tier of homes. Oklahoma home values have gone up 6.2% over the past year and Zillow predicts they will rise 7.0% in the next year.

Average Income

Median Household Income: $51,424. Average Household Income: $70,262. Per Capita Income: $27,432. 4.0% of Households in Oklahoma are High-Income Households that make over $200,000 a year.

Industries

With numerous industries and a growing base of companies, the chances of you finding your dream job in Oklahoma City are good. Biotechnology, Energy, Transportation & Logistics, Business services.

Crime Rankings

The violent crime rate in Oklahoma is 4.7—one full point above the national rate of 3.7 incidents per 1,000 people. ... Your odds of being robbed are cut in half if you live in one of Oklahoma's safest cities. Despite higher crime rates, Oklahoma reported lower or average levels of experience with crime.

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