Ada Jobs Foundation

Ada’s low cost of living compared to other cities across the United States makes it a very affordable place to live and work. Ada has all the big city amenities in a small town environment.

By choosing to live in Ada, Oklahoma you are getting more for less. Residents of Dallas, St. Louis or Kansas City have to earn over 6% more to live like an Oklahoman. Residents of Philadelphia have to earn 44.4% more; Boston residents 59.75 more, Los Angeles residents 80.9% more, and New Yorkers have to earn 131.3% more.

Houses are available in Ada, Oklahoma in all price ranges. New home construction costs are well below the national average. Property taxes in Ada, Oklahoma are way below the national average as well.

It pays to be an Oklahoman.

  Ada, Oklahoma
Pontotoc County, Oklahoma
State of Oklahoma United States
Median Housing Value $59,200 $58,600 $67,700 $111,800
Median Housing Price Asked $49,600 $43,800 $43,300 $89,600
Median Number of Rooms in Housing Unit 4.9 5.2 5.2 5.3
Average Selected monthly owner costs with mortgage $673 $641 $764 $1,088
Average Selected monthly owner costs without mortgage $225 $221 $231 $295
Median Real Estate Taxes $303 $294 $523 $1,334
Median Rent Asked $288 $277 $344 $469
Median Contract Rent $279 $277 $363 $519
Median Gross Rent $373 $377 $456 $602
2008 Per Capita Income $31,220 $35,969 $40,166

2007 Median Rent

 

Ada, Oklahoma

State of Oklahoma

United States

Average Monthly Rent, O Bedrooms

$327

$383

$466

Average Monthly Rent, 1 Bedroom

$382

$418

$518

Average Monthly Rent, 2 Bedrooms

$491 

$510

$625 

Average Monthly Rent, 3 Bedrooms

$656

$686

$823

Average Monthly Rent, 4 Bedrooms

$676

$754

$932

2007 Home Mortgages

 

Ada, Oklahoma

State of Oklahoma

United States

Loans Originated for Home Purchase

495

65,244

4,970,344

Loans Through Subprime Lenders

2

727

76,283

Average Loan Amount

$99,089

$92,867

$198,818

Average Applicant Income

$60,535

$57,888

$90,658

2000 Census.

2008 Bureau of Economic Analysis: Regional Economic Accounts.

Economic Modeling Specialists, Inc.

Last Updated June 9, 2010.