OKC's growth reflects community's efforts and investment

Published Thursday, December 2, 2021
by Roy Williams

The recent news about the Census and Oklahoma City’s growth prompted our team to take a longer look back at Oklahoma City’s growth since the original passage of MAPS. As we look back 30 years of the MAPS era of Oklahoma City, the transformation is dramatic.

The biggest change is that the Oklahoma City MSA has added nearly half a million people. The metro has 50% more residents now than it did in 1993. Our population during that period grew at an average of 1.5% which is 1.4 times faster than the nation.

When your population is growing, it is likely that employment was growing too. And that is absolutely the case, with total employment in the metro up by more than 330,000 over the same period.

With that growth in employment, we also added $55 billion in total personal income since 1990, and per capita income now exceeds $50,000. That number is still lower than the nation – an area where we want to continue to make up ground. Our economy is bigger than ever before, with a gross metropolitan product that now exceeds $80 billion annually.

The truly amazing fact when looking at all this growth is that our cost of living remains low – at 14% below the nation, even lower than 1990 when it was 6% below the nation.

We see every day the benefits of our collective investment in the city, but sometimes, it is nice to see the numbers that back up that story and show our trajectory for the future.

This story originally appeared in the November 2021 edition of the VeloCity newsletter.

Visit our affiliate sites

Shop Oklahoma City With more people working in OKC than most major metros, people have more money coming in, and more money for going out.
Shop Oklahoma City The Greater OKC Chamber, OKC mayor, and city leaders are leveraging one the nation's largest conventions to attract more retail and developers to Oklahoma City.
Shop Oklahoma City This program is helping developers bring commerce back to Oklahoma City's eastiside community.
@okcretail More money earned, more money spent – OKC workforce ranked 7th-lowest in unemployment in the country.
@okcretail Downtown's First National Center brings a new shopping experience to OKC, with retail shops and restaurants galore.
@okcretail With one of the lowest unemployment rates in the country, Oklahoma City residents are set to shop.
Welcome to OKC | Property Search | Success Stories | Districts - Regional | Districts - Neighborhood | News
maps | about us | contact us | sitemap