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Oklahoma City Number 1

by Filed Under: OKLAHOMA CITY OK

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Oklahoma City pops back to No. 1 slot in economic rankings

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Low unemployment and strong job growth keeps Oklahoma City in the top ranking.

Oklahoma City has regained first place in the On Numbers Economic Index.

Oklahoma’s capital is No. 1 in January’s index after briefly slipping to second place a month ago. December’s leader, Austin, has dropped back to the runner-up position.

The On Numbers Economic Index measures the relative vitality of all 102 major markets with populations of more than 500,000.

Oklahoma City has held first place for five of six months since the index was launched last August, thanks to its broad-based economic strength:

  • It’s among just four markets that have unemployment rates of 4.5 percent or lower.
  • The number of private-sector jobs in Oklahoma City has grown by 3.5 percent in the past half-decade. That’s the fourth-biggest increase in America.
  • Local retail employment has soared by a nation-leading 7.2 percent over the same span.
  • Home values have increased in just 12 of 102 markets since 2007. That includes Oklahoma City’s gain of 2.4 percent.

Austin has ridden an impressive record of job growth into second place in the overall rankings. Its private-sector employment base has expanded by 7.5 percent in the past five years, easily the biggest upswing in the entire country.

Rounding out the top five in this month’s standings are Houston, Columbus and Tulsa. Each has been among the index’s eight leaders every month since August.

The On Numbers Economic Index is generated by an 18-part formula that assesses private-sector job growth, unemployment, earnings, housing-price appreciation, and construction and retail activity. Click here for a detailed methodology.

The following database contains the top-to-bottom standings. Each market is listed with its current rank, its score on the index’s 100-point scale, its rank a month ago, and its change between December and January.

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January rankAscending Metro Overall score December rank Change
1 Oklahoma City 90.473 2 1
2 Austin 89.755 1 -1
3 Houston 82.627 3 0
4 Columbus 78.765 4 0
5 Tulsa 77.922 6 1
6 Provo, Utah 76.908 10 4
7 Honolulu 74.037 17 10
8 Omaha 72.577 5 -3
9 Pittsburgh 72.304 9 0
10 Des Moines, Iowa 71.561 8 -2
11 Denver 70.052 11 0
12 Dallas-Fort Worth 69.805 14 2
13 Boston 69.606 12 -1
14 Nashville 69.507 18 4
15 Salt Lake City 69.409 22 7
16 Baton Rouge, La. 69.061 32 16
17 Little Rock, Ark. 68.541 7 -10
18 Ogden, Utah 68.195 16 -2
19 San Antonio 67.775 21 2
20 Louisville 67.156 13 -7
21 San Jose 66.785 15 -6
22 Lancaster, Pa. 63.096 27 5
23 Cincinnati 62.750 23 0
24 Washington 62.428 19 -5
25 Durham, N.C. 60.992 24 -1
26 Phoenix 59.308 36 10
27 Scranton-Wilkes-Barre, Pa. 59.185 20 -7
28 Portland, Maine 58.516 25 -3
29 Chattanooga, Tenn. 58.046 49 20
30 St. Louis 57.452 34 4
31 Akron, Ohio 57.452 30 -1
32 Seattle 57.131 33 1
33 Minneapolis-St. Paul 56.735 40 7
34 Knoxville, Tenn. 56.042 37 3
35 New Orleans 55.497 53 18
36 Charleston, S.C. 55.225 28 -8
37 San Francisco-Oakland 55.126 35 -2
38 Madison, Wis. 54.432 45 7
39 Raleigh 54.285 39 0
40 Albany, N.Y. 54.086 38 -2
41 San Diego 54.086 42 1
42 El Paso, Texas 53.963 50 8
43 Cleveland 53.714 41 -2
44 Wichita, Kans. 53.021 47 3
45 Grand Rapids, Mich. 52.997 26 -19
46 Greenville, S.C. 52.650 29 -17
47 Harrisburg, Pa. 51.932 48 1
48 Birmingham 51.312 59 11
49 Boise, Idaho 50.893 44 -5
50 Buffalo 50.175 31 -19
51 Poughkeepsie, N.Y. 49.309 63 12
52 Indianapolis 49.110 46 -6
53 Charlotte 49.086 55 2
54 Milwaukee 49.085 57 3
55 Portland, Ore. 47.799 51 -4
56 Rochester, N.Y. 47.725 54 -2
57 Jackson, Miss. 46.807 58 1
58 Syracuse, N.Y. 45.892 64 6
59 Richmond 45.546 65 6
60 Columbia, S.C. 45.496 43 -17
61 Toledo, Ohio 44.976 56 -5
62 McAllen-Edinburg, Texas 44.334 70 8
63 Youngstown, Ohio 43.294 79 16
64 Tucson 42.797 75 11
65 Baltimore 42.477 62 -3
66 Fresno, Calif. 42.204 71 5
67 Kansas City 41.833 60 -7
68 Modesto, Calif. 41.634 68 0
69 New York City 41.413 61 -8
70 Orlando 41.140 72 2
71 Allentown-Bethlehem, Pa. 41.042 52 -19
72 Dayton, Ohio 40.867 74 2
73 Memphis 40.570 81 8
74 Philadelphia 40.422 76 2
75 Sacramento 40.397 67 -8
76 Bridgeport-Stamford, Conn. 38.244 80 4
77 Atlanta 37.898 82 5
78 Los Angeles 37.650 83 5
79 Stockton, Calif. 37.551 73 -6
80 Worcester, Mass. 37.501 69 -11
81 Bakersfield, Calif. 37.180 66 -15
82 Springfield, Mass. 37.080 78 -4
83 Oxnard-Thousand Oaks, Calif. 34.357 97 14
84 Miami-Fort Lauderdale 33.540 85 1
85 Augusta, Ga. 32.748 77 -8
86 Detroit 32.724 88 2
87 Albuquerque 32.574 86 -1
88 Virginia Beach-Norfolk 32.550 95 7
89 Bradenton-Sarasota, Fla. 31.956 89 0
90 Cape Coral-Fort Myers, Fla. 31.213 84 -6
91 Greensboro, N.C. 30.843 90 -1
92 Lakeland, Fla. 30.842 87 -5
93 Palm Bay-Melbourne, Fla. 30.322 92 -1
94 Tampa-St. Petersburg 30.076 94 0
95 Hartford 29.061 93 -2
96 Chicago 28.887 98 2
97 Las Vegas 27.253 100 3
98 Jacksonville 26.907 91 -7
99 New Haven, Conn. 25.150 99 0
100 Riverside-San Bernardino, Calif. 22.105 102 2
101 Colorado Springs 21.213 101 0
102 Providence 20.694 96 -6
Records 1-102 of 102
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