Oklahoma City, which is commonly referred to as The 05, OKC, or The City, is the 27th largest populated city in all of the U.S. cities. The city masses an area coverage of 621.2 square miles, of which 607 square miles are land and water contributes to 14 square miles of the area. It is a beautiful area of land that has prominent business headquarters stationed which contributes to the employment rate of the area. The average household income is 46,587 compared to 52,175 of the U.S. residential average. Local income per capita is $25, 372 compared to the $27,466 of the U.S. residents. These averages are partly supported by the three Fortune 500 companies that include McKesson Corporation, Chesapeake Energy Corporation, and Devon Energy Corporation all located in Oklahoma City. There is also the famous Sonic Drive-In headquartered in the city that serves as a positive income generator.
Around The City
Everyone admires a city that offers pleasant activities and a large variety of things to do. This is definitely a charm that Oklahoma City has nixed. Attractions for all ages and desires make it a wonderful place to live and an awesome city to visit. The Remington Park Racing Casino and American Quarter Horse World Championship Show keeps the adrenaline flowing for those who enjoy those types of attractions. The younger generation and many of the older appreciate the Frontier City Theme Park as well as the White Water Bay Water Park for invigorating excitement. Sports enthusiasts are not left out with the ASA National Softball Hall of Fame and Museum. This is exactly the place for those who appreciate the beauty of nature. It is treasured and beautifully presented in the Oklahoma City Zoo & Botanical Gardens.
The City of People
The population of Oklahoma City is 1,189,529 and 460,994 households, whereas 53.6% of the residents are without children and 46.4% have kids 18 years old and younger. The rental average is at 34% compared to the ownership rate of 66% and approximately 10% rental vacancies. Homes in Oklahoma City average a value of $118,000 and a bit greater that 7% of all housing possess a $300,000 value or greater. Monthly rental rates average an amount of $745 for single-family houses and $625 for single bedroom apartments. 2013 showed that 34% of the residents were renters compared to the 36.98% U.S. average.
Oklahoma City has wonderful attractions and equally wonderfully growth opportunities for those in the area. Check out community, rental statistics property manager should know to stay ahead of the competition. Real Property Management Enterprises understands the importance of quality job opportunities in a flourishing city.
