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Oklahoma Colleges & Universities

Oklahoma Fast Facts:

  • Projected job growth through 2014: 12 percent
  • Fastest-growing industries:
    • Educational and health services
    • Professional and business services
    • Trade, transportation and utilities
  • Largest non-governmental employers:
    • American Airlines
    • Integris Health
    • St. Francis Hospital
    • Halliburton Energy Services
  • Oklahoma City per capita income, 2004: $30,449
Oklahoma's economic development mirrors that of many American cities. Manufacturing industries are slowing, while service-based organizations are finding an environment hospitable for growth. Baby boomers are expected to continue driving up the demand for home healthcare services, and Americans' healthy consumer appetite is expected to continue to fuel growth in the retail industry.

Like many large American cities, Oklahoma's cities have undergone some urban renewal. Oklahoma City, for example, is home to Bricktown, a multimillion-dollar downtown redevelopment project that offers entertainment, restaurants, and bars.

Oklahoma City has also enjoyed steady economic growth since the early 1990s, after enduring a downturn throughout the 1970s and much of the '80s. Job growth is expected to be strong, with more jobs gained than lost, despite a shrinking manufacturing base. A low cost of living adds to Oklahoma's appeal; the majority of homeowners spend less than 20 percent of their income on their mortgage.
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Oklahoma Colleges and Universities