Greater OKLAHOMA CITY at a glance 123 Park Avenue | Oklahoma City, OK 73102 | 405.297.8900 | www.greateroklahomacity.com TABLE OF CONTENTS Location ................................................4 Economy .............................................14 Tax Rates .............................................24 Climate ..................................................7 Education ...........................................17 Utilities ................................................25 Population............................................8 Income ................................................21 Incentives ...........................................26 Transportation ..................................10 Labor Analysis ...................................22 Available Services ............................30 Housing ...............................................13 Commercial Real Estate .................23 Ranked No. 1 for Best Large Cities to Start a Business. -WalletHub 2 GREATER OKLAHOMA CITY: One of the fastest-growing cities is integral to our success. Our in America and among the top ten low costs, diverse economy and places for fastest median wage business-friendly environment growth, job creation and to start a have kept the economic doldrums business. A top two small business at bay, and provided value, ranking. One of the most popular stability and profitability to our places for millennials and one of companies – and now we’re the top 10 cities for young adults. poised to do even more. The list of reasons you should Let us introduce you to the grow your business in Oklahoma thriving 10-county region that is City is growing – almost as Greater Oklahoma City: a region quickly as the list of reasons why that has rediscovered its strengths people love living here. In Greater – and redefined itself for the Oklahoma City, we understand future. that partnership among business, government and civic leaders A TOP 10 METRO“ “ FOR YOUNG ADULTS. - CAREER TRENDS 3 LOCATION The Oklahoma City Metropolitan Statistical Area (MSA) includes seven counties: Oklahoma, Canadian, Cleveland, Grady, Lincoln, Logan, and McClain. Oklahoma City is the 27th-largest city and 41st-largest metropolitan area in the United States. The Greater Oklahoma City Partnership region extends to include three additional counties — Kingfisher, Payne and Pottawatomie —to provide a broad economic development area. CITY OF OKLAHOMA CITY AREA: 1,500 miles 621 square miles - the third largest geographic area for a city in the nation. 1,000 miles OKLAHOMA CITY MSA: 5,581 square miles 500 miles THE GREATER OKLAHOMA CITY REGION: 7,978 square miles OKLAHOMA CITY ELEVATION: 1,285 feet above sea level Source: U.S. Census Bureau, City of OKC 4 THE GREATER OKLAHOMA CITY REGION Stillwater Hennessey Yale PAYNE Cushing Perkins Crescent KINGFISHER LOGAN Langston Guthrie Kingfisher ¨¦§35 Chandler Edmond Luther ¨¦§44 LINCOLN Jones CANADIANEl Reno OKLAHOMASpencer ¨¦§40 Yukon Choctaw ¨¦§235 Harrah Prague Midwest City Oklahoma City McLoud Union City Tinker AFB Mustang Will Rogers World Airport ¨¦§240 ¨¦§40 Moore Shawnee Minco Bethel Acres Tuttle CLEVELAND Pink Tecumseh Newcastle Norman Lake Thunderbird ¨¦§44 Noble Goldsby ¨¦§35 Slaughterville Chickasha GRADY Lexington Ninnekah POTTAWATOMIE MCCLAIN Rush Springs POPULATION LEGEND <5,000 5,000 - 10,000 >10,000 5 REGIONAL COMMUTER PATTERNS This map shows the 10-county Partnership no leakage. However, the table provides the region and the commuting pattern between raw number of commuters from county to each county. The number listed in the county and includes commuters that leave county is the percentage of residents who the region (“Outside of Region”). “Outside stay in their home county to work. The lines of Region” commuters are not accounted between counties show the percentage for in the county to county graphic image. of residents who travel to other counties For the purpose of clarity, only commuter to work. NOTE: The graphic assumes all flows of 5 percent and above are pictured commuting occurs within the region, with below. PAYNE KINGFISHER 75% 56% LOGAN 23% 15% 11% 27% 63% 7% LINCOLN 33% CANADIAN OKLAHOMA 35% 25% 53% 87% 6% 5% 12% 7% 6% 32% 39% 53% POTTAWATOMIE 43% 53% 10% CLEVELAND 40% 8% GRADY 37% 25% MCCLAIN 23% SOURCE: LEHD, 2014 From To CanadianCleveland Grady Kingfisher Lincoln LoganMcclainOklahoma Payne PottawatomieOutsideof region Canadian 13,230 3,105 420 401 86 257 277 34,541 303 352 6,399 Cleveland 1,995 40,754 552 83 106 185 1,585 53,463 676 1,229 12,362 Grady 1,032 1,848 6,629 74 48 157 902 7,013 161 180 4,634 Kingfisher 362 144 48 2,887 15 114 26 1,408 94 382,017 Lincoln 194 503 82 28 3,325 88 36 3,546 1,063 1,229 2,705 Logan 385 775 85 128 56 3,617 85 9,889 544 104 2,658 McClain 304 2,948 419 37 33 61 2,841 5,252 93 160 2,849 Oklahoma 9,103 19,984 938 442 478 1,912 961 245,976 1,931 2,176 32,154 Payne 240 682 51 78 353 267 68 3,268 16,272 293 8,928 Pottawatomie 356 1,708 100 48 561 75 160 6,963 477 11,622 5,321 6 CLIMATE The average annual temperature is 61° F (high 72°, low 51°) with an average rainfall of 36.5 inches and average snowfall of 7.6 inches per year. The average number of flying days is 350 per year – the same number of days you’ll see the sun shining in Oklahoma City. AVERAGE LOW - HIGH Jan. ...........29° - 50° July ...........72° - 94° Feb. ..........33° - 55° Aug. .........71° - 93° Mar. ..........41° - 63° Sep. ..........63° - 85° April .........50° - 72° Oct. ..........52° - 73° May ..........60° - 80° Nov. ..........40° - 62° June .........68° - 88° Dec. ..........31° - 51° WEATHER ANNUAL AVERAGES Clear / partly cloudy days ...................................235 Rainy days* ................................................................82 Precipitation ............................................ 36.5 inches Snowfall .......................................................7.6 inches Wind speed ..................................................11.4 mph SOURCE: NOAA, COMPARATIVE CLIMATE DATA, 30 YEAR AVERAGE * ANY PRECIPITATION EXCEEDING 0.01 INCHES 7 REGIONAL COMMUNITY POPULATION City 2016 Population Percent Growth 2010-2016 Bethany 20,103 5.52% Chickasha 15,811 -1.40% Choctaw 12,366 10.95% Edmond 91,743 12.70% El Reno 17,643 5.34% Guthrie 10,620 4.21% Midwest 58,210 7.06% Moore 59,146 7.38% Mustang 19,064 9.59% Norman 120,023 8.20% Oklahoma City 649,058 11.91% Shawnee 30,963 3.70% Stillwater 48,951 7.14% Warr Acres 10,601 5.56% Yukon 25,405 11.87% Source: ESRI BUSINESS ANALYST, 2016 (populations over 10,000) POPULATION Oklahoma City is the most populous city in the state of Oklahoma. From 2010 to 2016, Oklahoma City’s metro population grew by nearly 10 percent and has experienced a 1.55 percent average annual growth rate. In 2016, the Oklahoma City MSA population was estimated to be 1,379,525 while the city of Oklahoma City’s population was 649,058. Since 2010, the Oklahoma City MSA is the 10th-fastest-growing large metro in the country and has grown twice as fast as the nation. 2016 POPULATION BY ETHNIC GROUP & RACE % White % Black % American Indian % Asian % Hispanic Origin* Oklahoma City 61% 15% 3% 5% 19% Oklahoma County, OK 63% 15% 3% 4% 17% OKC MSA 70% 11% 4% 3% 13% Greater OKC 71% 10% 5% 3% 12% Oklahoma 70% 8% 9% 2% 11% USA 71% 13% 1% 5% 18% *Persons of Hispanic Origin may be of any race, which may cause area total to not equal 100% Source: Esri Business Analyst, 2016; U.S. Census 8 SINCE 2010, THE OKC METRO POPULATION HAS GROWN TWICE AS FAST AS THE NATION. Population Totals Population Annual Growth Rates 2010 Total Population 2016 Total 2021 Total 2010-2016 Population: 2016-2021 Population: Annual (U.S. Census) Population (Esri) Population (Esri) Annual Growth Rate (Esri) Growth Rate (Esri) Oklahoma City 579,999 649,058 711,430 1.82% 1.85% Oklahoma County 718,633 788,980 858,799 1.51% 1.71% OKC MSA* 1,252,987 1,379,525 1,497,712 1.55% 1.66% Greater OKC** 1,414,813 1,550,028 1,675,414 1.47% 1.57% Oklahoma 3,751,351 3,990,592 4,201,979 0.99% 1.04% USA 308,745,538 323,580,626 337,326,118 0.75% 0.84% Source: Esri Business Analyst, 2016; U.S. Census REGIONAL COUNTY POPULATION Population % Population Annual Population Totals Growth Growth Rates 2000-2010 2016-2021 2010 Total 2016 Total 2021 Total Population % 2010-2016 Population: Population Annual Population: Region Population Population Population Growth Annual Growth Rate Compound Growth Annual Growth (U.S. Census) (Esri) (Esri) (2010-2016) (Esri) Rate (U.S. Census) Rate (Esri) Canadian County 115,541 136,434 156,062 18.08% 2.80% 2.70% 2.72% Cleveland County 255,755 277,902 295,036 8.66% 2.09% 1.34% 1.20% Grady County 52,431 55,540 58,125 5.93% 1.42% 0.93% 0.91% Kingfisher County 15,034 15,946 16,822 6.07% 0.77% 0.95% 1.08% Lincoln County 34,273 35,353 36,028 3.15% 0.66% 0.50% 0.38% Logan County 41,848 46,156 50,289 10.29% 2.12% 1.58% 1.73% McClain County 34,506 39,160 43,373 13.49% 2.21% 2.04% 2.06% Oklahoma County 718,633 788,980 858,799 9.79% 0.85% 1.51% 1.71% Payne County 77,350 81,754 85,203 5.69% 1.27% 0.89% 0.83% Pottawatomie 69,442 72,803 75,677 4.84% 0.58% 0.76% 0.78% County *OKC MSA includes the 7-county region: Oklahoma, Cleveland, Canadian, Grady, Lincoln, Logan & Grady counties **Greater OKC includes the 10-county region: Oklahoma, Cleveland, Canadian, Grady, Lincoln, Logan, Grady, Payne, Pottawatomie, & Kingfisher counties 9 TRANSPORTATION Oklahoma City is as easy to reach as it is to navigate, with commute times averaging about 20 minutes or less with minimal congestion. MAJOR HIGHWAYS SERVING AREA: Interstate 35 .............................................................North and South Interstate 240 .......................................................Interconnects I-40, Interstate 40 .................................................................