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Cleveland County, OK

RANK #660 / 996  ·  POP 295,060  ·  OK

PROJECTED GROWTH: +0.2%

Cleveland County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Cleveland County?

Cleveland County, Oklahoma, is home to Norman, the third-largest city in the state and site of the University of Oklahoma, a major institution that shapes the area's character. Located just south of Oklahoma City, the county offers a suburban and college-town atmosphere with a commute to the larger metropolitan area via Interstate 35. The landscape features significant water bodies like Lake Thunderbird and the Canadian River, providing opportunities for outdoor recreation such as hiking along reservoir shores and riverfront greenways. Several parks and trails are available, including those within Lake Thunderbird State Park.

Life in Cleveland County often involves a mix of families and young professionals, many of whom own their homes. The public school systems, including Moore, Norman, and Noble Public Schools, are generally well-regarded. The economy is diverse, with agribusiness, the equine industry, and manufacturing contributing to the local picture. Recent economic development initiatives aim to support entrepreneurs and foster business growth, with a focus on nurturing startups and providing services like seed and venture capital. The presence of the University of Oklahoma also contributes to research and development within the county.

[02] Market Snapshot

Housing Ratio
6.2x

Above national median (4.7x)

GDP Growth
-0.4%

Contracting economy

Home Prices
+2.0%

Above national median

Climate & Terrain
1.1

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing is fairly valued at 6.2x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Cleveland County U.S. National

The Numbers

DEMOGRAPHICS
Population
295,060
+1.01% YoY
Median Household Income
$71,757
Median Home Value
$203,900
+2.0% 12mo
Median Rent
$1,073
Average Annual Pay
$51,153
+2.8% YoY
Employment
91,353
-0.8% YoY
Income-to-Home-Value
0.3519
More affordable than average
Migration Inflow
6.17%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$262,000
Days on Market
50
Moderate pace
Months of Supply
3.3
Balanced market
Sale-to-List Ratio
98.0%
Negotiation room for buyers
Sold Above List
18.3%
Listings w/ Price Drops
27.1%
Building Permits (2024)
585
Single-Family Permits
567

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$150M
TOTAL
PROJECT AMOUNT STATUS
Cleveland Battery/Storage Project
Undisclosed
$100M Planned
Rock Creek Entertainment District Arena
Cleveland County Commissioners
$50M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth -0.4% 6 percentile
Population Growth +1.0% 72 percentile
Income Growth +7.0% 18 percentile
Vacancy Rate 1.3% 30 percentile
Home Price Change +2.0% 59 percentile
Rent Growth +2.3% 38 percentile
Price/Rent 13x 57 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Cleveland County, OK a good place to move to?

Cleveland County has a Boom Town Index score of 34/100, ranking #660 among 996 U.S. counties. With job growth at -0.8% and a median household income of $71,757, it faces some economic headwinds compared to faster-growing counties.

Is Cleveland County affordable?

The median home value in Cleveland County is $203,900 with median rent at $1,073/month. The income-to-home-value ratio is 0.3519, which is more affordable than the national average.

Is Cleveland County growing or shrinking?

Population growth: +1.0% year-over-year. Job growth: -0.8%. Home values changed +2.0% in the past 12 months.

Are people moving to Cleveland County?

Yes — 6.17% of Cleveland County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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