Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Nicoma Park is a smaller city located in the state of Oklahoma. The city has a population of 2,550 people. According to the most recent Census, 81% of Nicoma Park residents are White, 12% American Indian and Alaskan and 1% Black. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Nicoma Park your home, your one-way commute time will typically last around 23 minutes, a duration that aligns with the national average commute time of 26 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Nicoma Park could be a positive experience compared to other cities in Oklahoma if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like amenities, commute, housing and other key data points, finding the best places to live in Nicoma Park and in the areas around Nicoma Park is a much easier task.
With a livability score of 63 out of 100, Nicoma Park is ranked #12,752 in the United States and #143 in Oklahoma. If we explore each of the categories individually, we see that Nicoma Park ranks well for cost of living (A+) and housing (A). There are some categories that Nicoma Park ranks poorly for, including: amenities (F) and education (D). It might be worth taking a closer look to figure out why.
The unemployment rate in Nicoma Park has consistently declined over the years and currently stands well below the national average at 1.8%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Nicoma Park has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Nicoma Park is actually affordable. Median real estate prices in Nicoma Park come in at $120,100, which is 1% lower than the Oklahoma average. The home price to income ratio compares the median home prices to the median household income. In Nicoma Park, the home price to income ratio is 2.1, which is 16% lower than the Oklahoma average.
| Statistic | Nicoma Park | Oklahoma | National |
| Average one way commute | 23min | 21min | 26min |
| Workers who drive to work | 86.6% | 82.6% | 76.4% |
| Workers who carpool | 4.8% | 10.1% | 9.3% |
| Workers who take public transit | 0.0% | 0.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.9% | 1.8% | 2.8% |
| Working from home | 7.8% | 3.6% | 4.6% |
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