Oklahoma City has been getting a lot of attention lately for its stable economy and quality of life. And now we can add two more designations to the list!
MarketWatch Top 100 Places to Live: #10
Last week, MarketWatch came out with its annual list of the "Top 100 Places to Live." Oklahoma City came in at #10.
" 10. Oklahoma City: Major employers in Oklahoma City include Tinker Air Force Base, the U.S. Postal Service, the University of Oklahoma and the FAA Mike Monroney Aeronautical Center. Last year Forbes magazine named it the most recession-proof economy in the country. The median price of an existing single-family home was $128,100 in 2008, according to NAR."
The rest of the story can be found here: http://tinyurl.com/cd7zbm
Coming in at #1? Tulsa.
BusinessWeek Big Cities with Low Rents: #1
BusinessWeek came out with its "Top 10 Big Cities with Low Rents", also last week. Topping the list? Oklahoma City!
1. Oklahoma City
Share of income used for rent: 12.3%
Average rent: $543
Median household income: $52,917
Population: 1.21 million
The Oklahoma City metro area, which includes the state capital, has the nation's most affordable rents. The metro area, home to Devon Energy and Chesapeake Energy, has a relatively strong economy, thanks to the oil and natural gas industries. Oklahoma City's asking rents for apartments jumped 3.8% in the fourth quarter, compared with a year earlier. The vacancy rate was 8.6% at the end of last year.
Read the rest of the story here: http://tinyurl.com/c75ym4
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