Everything You Need to Know About the City of Norman Oklahoma

In 2017, Norman, Oklahoma had a population of 120k people with a median age of 30.1 and a median household income of $53,733 dollars. Between 2016 and 2017 the population of Norman, OK grew from 118,974 to 119,820, a 0.711 percent increase and its median household income grew from $52,484 dollars to $53,733 dollars, a 2.38 percent increase.

The population of Norman, OK is 72.8 percent White Alone, 7.54 percent Hispanic or Latino, and 7 percent Two or More Races. N/A% of the people in Norman, OK speak a non-English language, and 95.4 percent are U.S. citizens.

The largest universities in Norman, OK are the University of Oklahoma-Norman Campus (6,535 degrees awarded in 2017) and Moore Norman Technology Center (246 degrees).

The median property value in Norman, OK is $169,700 dollars, and the homeownership rate is 54 percent. Most people in Norman, OK commute by Drove Alone, and the average commute time is 21.7 minutes. The average car ownership in Norman, OK is 2 cars per household.

 

Education in Norman

In 2017, universities in Norman, OK awarded 6,781 degrees. The student population of Norman, OK is skewed towards men, with 15,149 male students and 14,883 female students.

Most students graduating from Universities in Norman, OK are White (4,080 and 64.9 percent), followed by Hispanic or Latino (544 and 8.66 percent), Two or More Races (435 and 6.92 percent), and Black or African American (400 and 6.37 percent).

The largest universities in Norman, OK by the number of degrees awarded is the University of Oklahoma-Norman Campus (6,535 and 96.4 percent) and Moore Norman Technology Center (246 and 3.63 percent).

The most popular majors in Norman, OK are Other Human Resources Management & Services (405 and 5.97 percent), Liberal Arts & Sciences (388 and 5.72 percent), and Organizational Behavior Studies (269 and 3.97 percent).

The median tuition costs in Norman, OK are $N/A for private four-year colleges, and $4,788 dollars and $20,169 dollars respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Norman

The economy of Norman, OK employs 60.3k people and Norman has an unemployment rate of 3.0 percent. Norman has seen the job market increase by 2.6 percent over the last year. Future job growth over the next ten years is predicted to be 33.9 percent, which is higher than the US average of 33.5 percent. The largest industries in Norman, OK are Health Care & Social Assistance (7,717 people), Educational Services (11,015 people), and Retail Trade (6,710 people), and the highest paying industries are Utilities ($65,556 dollars), Mining, Quarrying, & Oil & Gas Extraction ($65,313 dollars), and Public Administration ($54,313 dollars).

Households in Norman, OK have a median annual income of $53,733 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $52,484 dollars in 2016, which represents a 2.38 percent annual growth.

 

Tax Rates for Norman

– The Sales Tax Rate for Norman is 8.8 percent.

– The Income Tax Rate for Norman is 5.0 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Norman

– The average earnings of a Norman resident is $28,273 dollars a year.

– The Median household earnings of a Norman resident is $50,714 dollars a year.