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, Oklahoma is a smaller city with a population of 2,602 people. If we look at the most recent Census, Nicoma Park is known to have a predominantly White population. The next two most common races are American Indian and Alaskan and Black. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Nicoma Park, your commute times will be about average, with a one way commute time of 23 minutes.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the city before actually living in Nicoma Park, Oklahoma. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like amenities, crime, commute, health & safety, employment 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 66 out of 100, Nicoma Park is ranked #10,586 in the United States and #100 in Oklahoma. For each of the livability categories, we know that Nicoma Park ranks very well for 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 determine why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Nicoma Park has an unemployment rate of 1.9% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Nicoma Park market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Nicoma Park is real estate affordability. Median real estate prices in Nicoma Park come in at $215,166, which is 0.1% 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 2.6, which is 13.3% 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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