Oklahoma ranks among top states for inbound migration, drawing young professionals and retirees

Oklahoma is attracting thousands of new residents each year, drawn by its affordable housing, job opportunities and quality of life. In 2023 alone, more than 25,000 people moved to the state, according to a recent migration study by StorageCafe using the latest U.S. Census data. This steady influx placed Oklahoma among the top 10 states for net migration. Since 2014, more than 100,000 people have relocated to the state, making it one of the country’s fastest-growing destinations. 

“What we’re witnessing is a fundamental reshaping of America’s demographic landscape,” said Emilia Man, lead analyst for the StorageCafe study. “Affordability is driving interstate migration, with people seeking regions where active construction meets housing demand. Oklahoma exemplifies this trend, attracting new residents with its lower cost of living, job opportunities and growing suburban hubs. Its expanding communities offer more space, attainable home prices and strong local economies while keeping residents connected to major metro areas.” 

Housing affordability is a major draw. About 36% of new arrivals became homeowners within their first year, highlighting the accessibility of Oklahoma’s real estate market. Many also bring remote jobs, strengthening the local economy without relying solely on in-state employment. 

Texas remains the leading source of new residents, with more than 32,000 Texans relocating to Oklahoma in 2023. Nearly 30% of them are Generation Z, largely drawn by housing costs that are about 30% lower than in Texas. 

Colorado and California also rank among the top states sending newcomers. Of the 6,300 Coloradans who moved to Oklahoma, 38% were Baby Boomers, reinforcing the state’s appeal as a retirement destination. Notably, 79% of these new arrivals purchased homes shortly after moving. Californians bring additional economic strength, arriving with an average net worth of $90,000. 

For those relocating from Texas, Colorado and California, home-buying costs in Oklahoma are 30% to 70% lower, making the state a financially attractive choice. 

This surge of new residents is expected to benefit the Greater OKC region, bringing more homeowners, remote workers and higher incomes. These factors contribute to a stronger housing market, increased local spending and new business opportunities. With a growing population of young professionals and retirees, OKC continues to rise as a destination of choice for affordability, career prospects and quality of life. 

Access the full StorageCafe report here.