Oklahoma City, OK Credit Repair
Better Credit...Better Options
The thirtieth largest city in the United States is Oklahoma City, Oklahoma with a population of 591,967 residents. The city has seen growth of over 2% through the past few years and the population is split nearly 1:1 male to female. The average age is 34 years old, which is 6 years younger than the average for the rest of the state.
Oklahoma City has an average household income of $41,411, which is up from $34,947 in 2000. This average is also very close to the state average and the per capita income for the area is $24,195. The area sports a very low unemployment rate at 5.3%, which is much lower than the country average. With 23.5% of residents living below the poverty level and 8.4% living with an income of 50% below the poverty level, the city is close to the state averages.
Homes in Oklahoma City hold a strong value compared to the rest of the state. The average home value for the state of Oklahoma is $107,700, but for the city, it's $126,700. This is up from $78,100 in 2000. Many other property values found within the city are above the state average and the average rent paid, on a monthly basis is $676.
Even though the real estate market in the city has bounced back some, it's still not completely back. Foreclosures are below the national average, which is a good sigh, but homes are still on the market a little longer than the average. The list price has gone up some and overall home sales have increased. The market is on the way back, but it's just not quite there yet.
Moving to this area of the country might seem like a good idea and if so, you may need a mortgage. With the help of a credit repair specialist, you can clean up your credit before applying for a mortgage. This type of company can help remove any inaccuracies from your report, which can move you into a different type of mortgage with a lower interest rate and lower mortgage payment.
Our free consultation provides a significant amount of free credit education and can be based on your individual credit report as well.