One of the Best Places to Start a Business in Oklahoma

The Ardmore Development Authority is ready to help site selectors find key data and information about our region and skilled workforce. And thanks to a pro-business, collaborative outlook, Ardmore has been listed as #1 on the list of “Best Places to Start a Business in Oklahoma“ on nerdwallet.com.

Ardmore, OK

24,891
Population
40.7
Median Age
70
Diversity Index

Population Demographics

As of 2026 the population of Ardmore, OK is 24,891. The population is expected to grow to 24,984 by 2031 - a growth rate of 0.07%.

The median age of Ardmore, OK residents is 41.

The diversity index of Ardmore, OK is 70.2, meaning that there is a 70% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.

$80,448
Average Household Income
$61,298
Average Disposable Income
11,613
Housing Units
$235,863
Average Home Value

Housing and Income

The average household income in Ardmore, OK is $80,448 and projected to be $87,196 in 2031. Per capita income is $33,105, projected to be $36,128 in 2031. 2.14% of households – 532 – have an income of $200,000 or higher. Average net worth is $831,585 and the average disposable income is $61,298.

There are 11,613 housing units in Ardmore, OK; 5,596 are owner-occupied, 4,589 are rented, and 1,428 are vacant. The average home value is $235,863, with 905 homes built in 2010 or later, and 1,397 built in 1939 or earlier.

9,743
Workforce
5.00%
Unemployment Rate
1,191
Veteran Population
3,793
Bachelor's Degree or Higher

Business and Workforce

There are 1,856 businesses in Ardmore, OK, employing 22,518 workers and pulling from a labor force of 11,171 age 16 and above. 1,094 workers commute into Ardmore, OK from outside the county or state. Key industries for the area include:

9,743 residents both live and work in/around Ardmore, OK. The average travel time is 16.8 minutes. 5.8% people have a commute of less than 5 minutes while 1.47% commute 90 minutes or more each way. Of commuters, 8,725 drive alone, 1,450 carpool, and 103 take public transportation. 428 use other modes of transport such as motorcycle, bicycle, walking, etc. 465 residents work from home.

6,494 members of the workforce hold a high school diploma or GED. 1,482 have associates degrees, 2,546 have bachelor’s degrees, and 1,247 hold a graduate or professional degree.

Source: ESRI, 2026-08-31