Oklahoma City ranks No. 3 for overall housing affordability

Published: Wednesday, May 12, 2021 By: Eric Long Source: The POINT!
  • Among U.S. metros with over 1 million population, Oklahoma City ranked third for the lowest percentage of severely cost burdened middle-income households.
  • Urban Land Institute determined overall housing affordability by examining the extent to which middle-income households face substantial housing challenges.
  • Middle-income households who earned $35,000 to $75,000 and spent more than 50% of income on housing were considered “severely cost burdened.”

Source: Urban Land Institute 2021 Home Attainability Index. A rank of 1 is most favorable.

For comprehensive Economic Indicators and Regional Data, please visit your Greater Oklahoma City Chamber Economic Development Division at www.greateroklahomacity.com or contact Eric Long, Research Economist – 297-8976; elong@okcchamber.com.

This article originally appeared in the May 2021 edition of The Point.

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