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

25,037
Population
40.6
Median Age
70
Diversity Index

Population Demographics

As of 2026 the population of Ardmore, OK is 25,037. The population is expected to grow to 25,174 by 2031 - a growth rate of 0.11%.

The median age of Ardmore, OK residents is 41.

The diversity index of Ardmore, OK is 69.6, 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.

$76,978
Average Household Income
$58,391
Average Disposable Income
11,663
Housing Units
$225,195
Average Home Value

Housing and Income

The average household income in Ardmore, OK is $76,978 and projected to be $83,981 in 2031. Per capita income is $31,491, projected to be $34,548 in 2031. 1.83% of households – 457 – have an income of $200,000 or higher. Average net worth is $621,456 and the average disposable income is $58,391.

There are 11,663 housing units in Ardmore, OK; 5,571 are owner-occupied, 4,620 are rented, and 1,472 are vacant. The average home value is $225,195, with 770 homes built in 2010 or later, and 1,362 built in 1939 or earlier.

9,315
Workforce
5.00%
Unemployment Rate
1,331
Veteran Population
3,948
Bachelor's Degree or Higher

Business and Workforce

There are 1,862 businesses in Ardmore, OK, employing 23,242 workers and pulling from a labor force of 10,771 age 16 and above. 1,070 workers commute into Ardmore, OK from outside the county or state. Key industries for the area include:

9,315 residents both live and work in/around Ardmore, OK. The average travel time is 17.1 minutes. 6.44% people have a commute of less than 5 minutes while 2.14% commute 90 minutes or more each way. Of commuters, 8,458 drive alone, 1,397 carpool, and 89 take public transportation. 451 use other modes of transport such as motorcycle, bicycle, walking, etc. 376 residents work from home.

6,310 members of the workforce hold a high school diploma or GED. 1,662 have associates degrees, 2,517 have bachelor’s degrees, and 1,431 hold a graduate or professional degree.

Source: ESRI, 2026-01-19