OKC MAPS Economic Impact - Executive Summary

OKC MAPS PROJECTS – 25 YEARS

The study-area population is far more racially diverse than the surrounding region. • Almost two-thirds (63.7 percent) of the study area population identified as white (non-Hispanic) in 2017, far lower than the 68.9 percent share in Oklahoma County and the 72.9 percent share statewide. • Approximately 20 percent of residents identified as black or African American (non-Hispanic), well above the 15.0 percent share at the county level and the 7.3 percent share statewide. • A reported 4.4 percent identify as American Indian or Alaska Native reflecting the high share of American Indians residing in Oklahoma. • The Asian (non-Hispanic) share of population reached only 3.5 percent in 2017 with the highest numbers of Asian residents in the northern areas of downtown (tracts 1017 and 1018) between 13th and 23rd bordered by Western and Robinson. • Residents reporting as Hispanic or Latino (but of any race) comprise only 7.3 percent of the study area population in 2017. This is far lower than the 16.4 percent Hispanic share in Oklahoma County and slightly below the statewide share of 9.8 percent. • The study-area residents reporting as two or more races is 6.4 percent, slightly below the statewide share of 6.8 percent but slightly above the countywide share of 5.4 percent in 2017. The average level of education in the downtown study area is relatively high but is highly variable across census tracts. • Study-area residents have an average of 13.8 years of schooling in 2017, or an average of 1.8 years of education beyond high school. • Education levels are far higher in the three northernmost highly residential census tracts (1016, 1017 and 1018), with 68 percent of residents having completed a bachelor’s degree or higher. • Among the southern tracts, the highest levels of attainment are found in the Business District (15.3 years of schooling) and Bricktown/Deep Deuce (16.3 years of schooling), both with residents having roughly a college degree on average. • The lowest educational attainment levels are found in tract 1037 to the southwest of downtown (11.6 years of schooling) and tract 1040 (11.4 years of schooling) south of I-40 to the Oklahoma River. Residents in both tracts have completed slightly less than a high school diploma on average with few completing a bachelor’s degree or higher. Median household income in the downtown study area is relatively high compared to the county, state and nation. • Median household income in the study area reached $59,605 in 2017, 17 percent above the county median of $50,762 and 20 percent above the statewide median of $49,767 in the period. • Median household income in the study area is also 3.4 percent above the U.S. median of $57,652 in 2017. • Across all downtown tracts, 29 percent of households report income of $100,000 or more, while four tracts report no households with income above $100,000. • Average income ($90,907) is far above the median income for the study area ($59,605), suggesting a significant concentration of very high earning households in the study area.

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