What is the Oklahoma City economic outlook?

April 25, 2012 | 0 Comments

Not only does the title of largest city in the state of Oklahoma belong to Oklahoma City, it also is the largest city and metropolitan area in terms of population of all the “plains states,” not including Texas. OKC, as it is called, is the state capital and has the 31st largest population of any U.S. city. It is situated three hours from the Dallas-Fort Worth metropolitan area.

Oil, natural gas and petroleum products are the mainstays of Oklahoma City’s economy. Two Fortune 500 companies—Devon Energy and Chesapeake Energy Corporations—have their headquarters here. Oklahoma City also features one of the top livestock markets in the world. Forbes magazine named Oklahoma City the most “recession proof city in America” in 2008.

With all the economic stability this city has to offer, those interested in relocating here may find the job prospects quite favorable. The price of living here isn’t bad either. Oklahoma City rentals can be found for a range of prices, with one-bedrooms going for around $500-$700 per month, and two bedrooms listed in the $700-$900 range.

Category: City Guides, Oklahoma City Metro