Living in Nichols Hills, Oklahoma
Cost of living, income, home prices, rent and demographics of Nichols Hills · Census data 2020–2024
Nichols Hills has 3,843 residents with a median age of 43.2. The median household income is $207,567 (219% higher than the Oklahoma median), the median home value is $818,500, the median rent is $2,130/month.
Nichols Hills at a glance
- Population
- 3,843
- Median age
- 43.2State: 37
- Median household income
- $207,567State: $65,039
- Median home value
- $818,500State: $199,800
- Median rent
- $2,130/moState: $1,014
- Homeowners
- 91.5%
- Bachelor's degree or higher
- 72.6%
- Average commute
- 14 min
Is Nichols Hills a good place to live?
Pros: Median household income 219% higher than the Oklahoma median; an average commute of 14 minutes; unemployment of 0.3%; a poverty rate of 2.8%.
Cons: Home values 310% higher than the state median.
The weather is best in April–May and September–October.
Cost of living in Nichols Hills
Housing is the biggest part of the cost of living. In Nichols Hills the median home value is $818,500, 146% higher than the U.S. median. Renters pay a median of $2,130 per month, which is 24.1% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Nichols Hills median household income
The median household income in Nichols Hills is $207,567 and the income per person is $138,740. 2.8% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Nichols Hills: homes for sale and rent
- Housing units
- 1,728
- Owner-occupied
- 91.5%
- Renter-occupied
- 8.5%
- Vacant
- 10%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 2.47
Nichols Hills demographics
- Population
- 3,843
- Median age
- 43.2
- Under 18
- 30.5%
- 65 and older
- 19.4%
- Households
- 1,555
- Foreign-born
- 4.7%
- Veterans
- 11%Adults 18+
Hispanic or Latino can be of any race. Population history of Nichols Hills ›
Education in Nichols Hills
72.6% of adults 25 and older in Nichols Hills have a bachelor's degree or higher (Oklahoma: 28.3%), and 34% have a graduate or professional degree.
Jobs and commute in Nichols Hills
- Unemployment rate
- 0.3%State: 5%
- Average commute
- 14 minState: 22 min
- Work from home
- 13.4%
- Drive alone
- 82%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 97.4%
Nichols Hills vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Nichols Hills | 3,843 | $207,567 | $818,500 | $2,130 |
| The Village | 9,447 | $77,108 | $211,800 | $1,403 |
| Warr Acres | 10,466 | $53,273 | $164,500 | $919 |
| Lake Aluma | 105 | $250,001 | $1,163,500 | — |
| Oklahoma City | 697,125 | $68,656 | $231,300 | $1,130 |
| Forest Park | 949 | $103,929 | $289,000 | — |
| Bethany | 20,560 | $56,591 | $171,600 | $1,071 |
| Woodlawn Park | 180 | $90,625 | $283,800 | — |
| Del City | 21,494 | $46,925 | $126,800 | $1,054 |
More for people moving to Nichols Hills
Nichols Hills ZIP code ›Weather and climate ›Living in Nichols Hills: FAQ
What is the median household income in Nichols Hills, OK?
The median household income in Nichols Hills is $207,567, 219% higher than the Oklahoma median of $65,039 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Nichols Hills?
The median home value in Nichols Hills is $818,500, compared with $199,800 in Oklahoma.
How much is rent in Nichols Hills?
The median gross rent in Nichols Hills is $2,130 per month, about 24.1% of household income.
Is Nichols Hills, OK a good place to live?
Pluses: median household income 219% higher than the Oklahoma median; an average commute of 14 minutes; unemployment of 0.3%; a poverty rate of 2.8%. Minuses: home values 310% higher than the state median.
What is the median age in Nichols Hills?
The median age in Nichols Hills is 43.2 years (Oklahoma: 37).
How long is the commute in Nichols Hills?
The average commute to work in Nichols Hills is 14 minutes; 13.4% of workers work from home.
What is the unemployment rate in Nichols Hills?
The unemployment rate in Nichols Hills is 0.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Nichols Hills?
72.6% of adults in Nichols Hills have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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