OKC metro ranks No. 6 nationally for overall housing affordabilityPublished: Friday, November 19, 2021 By: Eric Long Source: VeloCity Newsletter
- Among U.S. metros with more than 1 million population, Oklahoma City ranked 6th for the least expensive homes among the largest metros.
- The Porch.com determined overall housing affordability by examining the extent to which middle-income households face substantial housing challenges.
- One of the key indicators that housing experts consider when evaluating affordability in the market is the share of households spending at least 30% of their income on housing.
30% of their income on housing .
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; email@example.com.