Norman, Oklahoma Income Statistics
Norman Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
C
Norman Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Norman | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Household Income | $69,035 | $65,606 | $80,455 |
| Median Personal Income | $53,159 | $51,752 | $60,758 |
| Average Yearly Income Growth | 3.4% | 3.9% | 4.8% |
| Six-Figure Earners | 10.6% | 9.2% | 13.9% |
| $200k+ Households | 7.6% | 7.2% | 13.2% |
The median household income in Norman is about 5% higher than in Oklahoma. Income has been growing slower in Norman (3.4%/yr) than in Oklahoma (3.9%/yr).
About 11% of adults in Norman earn six figures ($100,000 or more) a year, higher than the Oklahoma average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Norman, Oklahoma grew by 59.0% from 2009 to 2024, reaching $69,035 in 2024. That's an average of about 3.4% per year.
Income Inequality and the Gender Pay Gap in Norman
| Metric | Norman | Oklahoma Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.571 | 0.553 | 0.552 |
| Male Median Income | $62,918 | $60,162 | $69,667 |
| Female Median Income | $49,526 | $46,815 | $56,850 |
| Gender Pay Gap | 21.3% | 22.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Norman, it is 0.571, higher than Oklahoma's 0.553, so income is less evenly distributed here than there.
Men's income is about 27% more than women's income in Norman, Oklahoma. Over a 35-year career, a 27% wage gap accumulates to roughly $468,720 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Norman, Oklahoma has narrowed from about 23% to 21% in 2024. Over that period the gap was widest at 25% in 2012. In dollar terms, the gap has widened by $3,365 since 2009.
Employment
| Metric | Norman | Oklahoma Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 4.9% | 5.2% |
| Working from Home | 12.0% | 9.4% | 15.0% |
| Commute time (minutes) | 18 | 18 | 22 |
Approximately 3,943 people are unemployed in Norman, Oklahoma.
The average commute time in Norman is 18 minutes, about the same as in Oklahoma.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Norman, Oklahoma has risen from 5.4% to 5.6% in 2024. Over that period the rate peaked at 5.9% in 2013 and fell as low as 4.3% in 2018.
Norman, OK Wealth Compared With Nearby Cities
How Norman, OK compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Norman, OK | 128,417 | $69,035 #2/2 | 3.4%/yr #2/2 | 5.6% #2/2 | 0.571 #2/2 |
| Moore, OK | 59,251 | $79,596 | 3.7%/yr | 4.4% | 0.510 |
Conclusion
Considering all these factors, Norman, Oklahoma has an overall wealth index grade of C, making it somewhat better than Oklahoma, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Norman, Oklahoma.
How Rich Is Norman, Oklahoma?
Norman has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $69,035, about 5% higher than the Oklahoma average of $65,606.
How has median household income changed in Norman, Oklahoma?
Between 2009 and 2024, the median household income in Norman, Oklahoma rose 59%, from $43,429 to $69,035. Over the same years, income here outpaced Oklahoma as a whole: +59% against +57%.
What was the median household income in Norman in 2023?
In 2023, the median household income in Norman, Oklahoma was $66,104, up 6% from $62,377 in 2022. The Oklahoma median that year was $63,960.
What was the median household income in Norman in 2020?
In 2020, the median household income in Norman, Oklahoma was $58,027. By 2024 it had risen 19% to $69,035.
What is the Gini coefficient in Norman, Oklahoma?
The Gini coefficient in Norman is 0.571. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Norman, Oklahoma?
Since 2009, the income gap between men and women in Norman, Oklahoma has narrowed from about 23% to 21% in 2024. Over that period the gap was widest at 25% in 2012. In dollar terms, the gap has widened by $3,365 since 2009.
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