Comparative Site Selection
Oklahoma City, OK vs Austin, TX
Side-by-side municipal, commercial underwriting, and travel logistics comparison for multi-unit operators.
Metric
Oklahoma City, OK
Austin, TX
Population (2023 est.)
702,767
979,882
Population Change Since 2020
+3.2%
+1.9%
Median Household Income
$66,702
$91,461
Median Home Value
$215,100
$512,700
Median Gross Rent (monthly)
$1,083
$1,655
Effective Property Tax Rate
1.02%
1.52%
Combined Sales Tax Rate
8.625%
8.25%
Time Zone
CT
CT
How Oklahoma City and Austin compare
- Austin has the higher median household income ($91,461 vs. $66,702 in Oklahoma City).
- Austin has the higher median home value ($512,700 vs. $215,100 in Oklahoma City).
- Austin has the higher median gross rent per month ($1,655 vs. $1,083 in Oklahoma City).
- Austin has the higher effective property tax rate (1.52% vs. 1.02% in Oklahoma City).
- Oklahoma City has the higher combined sales tax rate (8.625% vs. 8.25% in Austin).
- Oklahoma City has the faster population change since 2020 (+3.2% vs. +1.9% in Austin).
Housing cost relative to income: median home value is 3.2x median household income in Oklahoma City and 5.6x in Austin. A lower multiple generally means homes are more affordable relative to local earnings.
Differences are computed directly from the table above. Sources: U.S. Census Bureau ACS 2023 5-year estimates (2019–2023), Population Estimates (July 2023), and state revenue departments for sales tax. Not financial advice.