
Enid, OK
The numbers that matter most
What an investor checks first when sizing up a new metro — affordability ratio, rent vs income, cap rate proxy, and where the market is moving. Each metric shown vs. state and national medians for instant context.
affordable
Price to income
2.23×
The single most-cited 'is this market still cheap' check. Below 3× and you're in an affordability tailwind.
- vs Oklahoma
- 2.79×-0.56
- vs U.S.
- 3.43×-1.20
Benchmark
ACS median home value ÷ median HHI
comfortable
Rent to income
18.3%
What share of a typical household's income goes to rent. Below 30% means tenants can absorb modest rent increases.
- vs Oklahoma
- 20.8%-2.4
- vs U.S.
- 23.3%-5.0
Benchmark
(HUD FMR 2BR × 12) ÷ median HHI
deal-by-deal
Cap rate proxy
5.35%
Rough first-pass yield assuming a 35% expense ratio. Not an underwriting number — a 'is this even worth modeling' filter.
- vs Oklahoma
- 4.90%+0.45
- vs U.S.
- 4.35%+1.00
Benchmark
(FMR 2BR × 12 × 0.65) ÷ ACS median home value
steady
Net migration
+0.03%
Forward-looking demand signal. Positive net migration drives rent growth and absorbs new supply.
- vs Oklahoma
- 0.08%
- vs U.S.
- 0.03%=
Benchmark
IRS net migration ÷ population
tight
Permit pipeline
0.32
permits per 1,000 residents
Forward-supply indicator. Above ~5 means the metro is building meaningfully relative to its size; below 2 means supply is tight.
- vs Oklahoma
- 3.26
- vs U.S.
- 3.52
Benchmark
Census BPS permits TTM ÷ population × 1,000
healthy
Unemployment
3.6%
Tighter unemployment means higher wages, more rental demand, lower vacancy.
- vs Oklahoma
- 3.6%-0.0
- vs U.S.
- 3.9%-0.3
Benchmark
BLS LAUS, latest month
Where prices are and where they've been
5-year price appreciation
+25.2%
homeValues.yearOverYear
-3.4%
Median home value
$149,800
The rent ladder
| Bedroom | Monthly | Annual | % of median HHI |
|---|---|---|---|
| 1 BR | $799 | $9,588 | 14.2% |
| 2 BR | $1,027 | $12,324 | 18.3% |
| 3 BR | $1,336 | $16,032 | 23.8% |
Labor market direction
Unemployment
3.6%
Median household income
$67,302
What's being built
Total TTM
20
+66.7% YoY
Single-family
10
2–4 unit
10
5+ unit
0
All 1 counties, ranked by population
| County | Population | Home value | Median HHI | Permits TTM | YoY |
|---|---|---|---|---|---|
| Garfield County | 62,456 | $149,800 | $67,302 | 20 | +66.7% |
Similar metros nationally
| Metro | Pop | Med HHI | P/I | Cap proxy | HPI 5y | Permits/1k | Unemp |
|---|---|---|---|---|---|---|---|
| ★Enid | 62,456 | $67,302 | 2.23× | 5.35% | +25.2% | 0.32 | 3.6% |
| Lewiston, ID-WA | 64,570 | $70,694 | — | — | +55.0% | — | 3.7% |
| Walla Walla, WA | 62,150 | $72,212 | — | — | +53.4% | — | 4.6% |
| Carson City, NV | 58,249 | $71,809 | — | — | +37.6% | — | 4.0% |
| Grand Island, NE | 76,726 | $67,397 | — | — | +55.9% | — | 3.2% |
| Casper, WY | 79,506 | $71,247 | — | — | +39.0% | — | 3.7% |
Where people are moving in from
Net migration
+20
+0.03% of population
| Origin county | Tax returns |
|---|---|
| Oklahoma County, OK | 116 |
| El Paso County, CO | 56 |
| Major County, OK | 49 |
| Grant County, OK | 36 |
| Payne County, OK | 35 |
| Cleveland County, OK | 32 |
Who lives in Enid
- Median age
- 36
- Bachelor's+
- 22.3%
- Owner-occupancy
- 64.6%
- Vacancy rate
- 13.9%
- Rent burdened (30%+)
- 38.7%
- Median household income
- $67,302
This page shows federally sourced data. A full editorial analysis with charts and investment commentary is in progress.
