This Is The Richest Town In Oklahoma
By Ginny Reese
March 7, 2022
When you think of the wealthiest area near you- beautiful homes, nice cars, and fancy restaurants pop into your mind.
Stacker looked at the most recent data from the U.S. Census Bureau Five-Year American Community Survey to determine exactly which area in each state was deemed the richest.
Stacker ranked the locations by a few factors, including the unemployment rate and median household income. If there was a tie between two cities, the percentage of people making more than $200,000 in that area was the tiebreaker.
Any town or city that had a population of fewer than 1,000 people was excluded from the list.
Can you guess which city in Oklahoma was named the richest?
According to the report, the wealthiest city in Oklahoma is Nichols Hills.
Here are some Nichols Hills statistics:
- Median household income: $186,912 (172.1% more than U.S. median income)
- Households earning over $200,000: 793 (49.4% of households)
- Median earnings for workers: $95,255 (male: $156,042; female: $66,635)
- Civilian population with health insurance: 98.5%
- Unemployment rate: 1.6%
- Families with income below poverty level: 5.8%
Here is what Stacker also had to say about Nichols Hills:
"Nichols Hills, Oklahoma, is a wealthy suburb of Oklahoma City. Oklahoma City is known for lucrative industries such as aviation, biotech, energy, business, health care, and hospitality. The largest industries are professional; scientific and technical services; oil and gas extraction; and health care. The highest-paying industries, according to Data USA, are hospitality, and arts and entertainment."
To see the richest areas in each state, click here.