Oklahoma City is the capital of the state of Oklahoma and has the unique advantage of being the hub of energy, aviation, manufacturing and education in the state.
The wide range of industries in Oklahoma City protects the region from an overly-exaggerated effect of an economic recession. In fact, the region continues to show lower unemployment, lower cost of living and higher earnings during a recession than the rest of the nation.
Oklahoma City is ideally located between the west (Los Angeles) and east (New York City) coasts. The region is considered the "Crossroads of America," positioned at the intersection of Interstate 35 and Interstate 40, two of the nation's primary highways. In fact, I-35, which runs through the heart of Oklahoma City, is the only highway that connects the three NAFTA nations of Canada, the United States and Mexico. Interstate 40, which runs through downtown Oklahoma City, ranks as one of the primary east-west transcontinental freeways in the nation.
Oklahoma City is the 30th largest city and 46th largest metropolitan area. Oklahoma City encompasses 622.5 square miles-the third largest land area for a city in the nation. Commute times in the Oklahoma City area average 20 minutes or less.
Will Rogers World Airport sits on 8,000 acres of land and serves 6 airlines to 19 nonstop destinations. It is in the top 10 largest airports in the county in land area and is the largest small hub airport in the nation.
The Union Pacific and Burlington Northern & Santa Fe rail lines connect Oklahoma to the rest of the contry with over 4,000 miles of track.
Distance and Delivery Time from Oklahoma City to Major U. S. Cities
Major Cities
Distance (Miles)
Delivery Time (Days)
Highway
Rail
Motor
Rail
Atlanta
868
1,006
3
4
Chicago
896
846
3
3
Dallas
200
388
1
7-8 hours
Denver
630
792
3
2
Detroit
1,086
1,230
3
4
Houston
437
638
2
1.5
Kansas City
339
379
2
1
Los Angeles
1,367
1,489
3
6
Memphis
474
583
3
2
New Orleans
718
1,000
5
3
New York
1,548
1,592
5
7
St. Louis
462
539
2
1
Seattle
2,021
2,360
5
5
Same Day: Dallas, Houston, Chicago, Denver, Memphis
Overnight: Los Angeles, New York, Atlanta, Detroit
OKLAHOMA CITY MSA FACTS
Cost of Living Index
Oklahoma City
89
Atlanta
94.9
Boston
131
Chicago
115
Denver
103
Detroit
102
Manhattan
218
Memphis
88.7
Phoenix
99
Pittsburg
92
San Francisco
163
Seattle
124
Washington D. C.
139
Major Industries
Aviation & Aerospace
Bioscience
Energy
Health Care
Manufacturing
Professional, Business & Financial Services
Wholesale and Retail Trade
6.2% Unemployment Rate, well below the national average of 9.8%
The Oklahoma City was ranked 2nd on "Best Cities to Buy a Home" by ABC News
Oklahoma City's Festival of the Arts is ranked in the elite Top 20 in the Fine
Arts Category of Greg Lawler's "Art Fair SourceBook."
Forbes ranks Oklahoma City 5th on the America's Best Job Markets List
Forbes ranks Oklahoma City among the Top Ten Best Bargain Cities
Oklahoma City is ranked in the Top 10 for Private-Sector Job Growth Rate.
The Oklahoma City MSA added 7,200 positions, enough to rank the city in
the Top 20 for raw job growth.
USAA ranked Oklahoma City 2nd for Post-Military Best Places
Oklahoma City was ranked No. 1 for Tech Job Growth by the TechAmerica
Foundation/Cybercities
In 2010, Bizjournals claims Oklahoma as leading the nation in Gross State
Product Growth
Forbes lists Oklahoma City No. 1 in "America's Most Affordable City" list
The Milken Institute names Oklahoma City in the Top 25 Best Performing
Cities
Portfolio.com ranks Oklahoma City 7th for income growth
The Oklahoma City Arts District Neighborhood named one of America's "10
Great Neighborhoods for 2010"
Portfolio.com lists Oklahoma City as the 6th least stressful city in America
The American Institute for Economic Research lists Oklahoma City as one of
the top 75 places to live while attending college
America's Promise Alliance listed Oklahoma City among 2010's Best
Communities for Young People
Local Market Monitor by The Wall Street Journal honored Oklahoma City as
one of the Top 10 Best Real Estate Investment Markets.
Looking heavily at growth potential of each city's economic development
strategy, OKC landed in the top 10 (No. 9) of Business Facilities' Top 10
Metro list.
OKC's "Paw Park" Repeatedly Recognized Among Nation's Best by Dog Fancy
and Southern Living magazines
Among U.S. metros of 1 million population or greater, Oklahoma City
has the lowest business costs, according to KPMG's 2010 "Competitive
Alternatives" analysis of 26 separate cost drivers for business in 112 cities in
10 countries.
Among the top 52 cities in the country, Oklahoma City residents deal with
the third-shortest commutes to and from work, according to the Census
Bureau's most recent American Community Survey.
According to a new Portfolio.com / Bizjournals study, OKC ranks in the top
10 "Best Places for Young Adults" due to strong growth rates, low cost of
living and high numbers of employed, college-educated under-34s.
Presented by:
Price Edwards & Company
210 Park Avenue, Suite 1000
Oklahoma City, OK 73102
Phone (405) 843-7474
Fax (405)236-1849
www.priceedwards.com
