Friday, May 1, 2009

Edmond's Economic Report

Information Is obtained by The Edmond economic development authority www.eeda.com EDMONDS ECONOMIC ABSTRACT for 2009Population 83,259 Total Number of Households 29,917Edmond is located in Oklahoma County which has an estimated population of 707,765Average Household Income in Edmond $90,913 US Avg is $68,953 Edmond has experienced 49.2% growth in Average Household Income from 1990 to 2000.Edmond's median age is 34.7Edmond's average household size is 2.72Edmond had more thatn 200 restaurant establishments, 30 parks and outdoor venues, 40 shopping centers and a cost of living index that is 11.3% below the national average.Edmond has one of the lowest crime rates of any city in Oklahoma with a population of more than 100,000The average price of an existing single family home has grown 28% during the last five years bringing it to $253,329Edmond's highly educated labor force, low cost of living, favorable quality of life and excellent school system make it an ideal place for executive living. Executive homes are abundant in Edmond with more than half of the existing inventory between the $225K to $1M+ price range. Many of these homes are 3,000 ft to 5000 sq ft, have four to five bedrooms and can be found on one of Edmond's three residential golf courses.

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