Median Income
$194,576
household / year
Median Home Value
$875,000
owner-occupied
Median Rent
$1,375
gross / month
Cost of Living
91
national avg = 100

Is Nichols Hills, OK a Good Place to Live?

Nichols Hills is a small town of 3,854 in Oklahoma, with a median household income of $194,576 and a 0.3% unemployment rate. Its cost of living index is 91 (US average = 100), which is 9% below the national average.

Strengths: Nichols Hills stands out for an affordable cost of living, lower-than-average crime, solid school ratings (B), a well-educated population, short average commutes.

Trade-offs: Potential downsides include high home prices. Whether Nichols Hills is right for you depends on your priorities — the full breakdown is below.

All Nichols Hills city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 91.0

Nichols Hills's overall cost of living index is 91.0, where 100 represents the US national average. Living in Nichols Hills costs roughly 9% less than the average American city.

Metric Nichols Hills, OK National Avg
Median Home Value $875,000 $244,900
Median Monthly Rent $1,375 $1,163
Homeownership Rate 95.9% 65.9%
Median Household Income $194,576 $74,755

Crime & Safety

Very Safe

Nichols Hills's violent crime rate is 78.7 per 100,000 residents — 79% lower than the national average of ~380 per 100,000.

Violent Crime
78.7 /100k
Property Crime
865.7 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Nichols Hills is served primarily by OKLAHOMA CITY. The student-to-teacher ratio is 16.2:1 (slightly above the national average of ~16:1).

Metric Nichols Hills, OK National Avg
School District OKLAHOMA CITY —
Elementary Schools 32 —
Middle Schools 15 —
High Schools 10 —
Student/Teacher Ratio 16.2:1 16:1
Bachelor's Degree or Higher 77.2% 35.4%
High School Diploma or Higher 99.2% 91.1%

Weather & Climate

Nichols Hills sees average highs of 50.5°F in January and 94.7°F in July, with 36.6 inches of annual precipitation and 6.7 inches of snow per year.

MetricNichols Hills, OK
Average High — January50.5°F
Average High — July94.7°F
Annual Precipitation36.6"
Annual Snowfall6.7"

Demographics

MetricNichols Hills, OKNational Avg
Population3,854—
Median Age46.638.9
Unemployment Rate0.3%3.7%
Avg Commute Time13.9 min26 min
White (non-Hispanic)88.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino3.5%18.9%
Asian1.5%6.3%
Under 1825.4%22.2%
65 and over20.2%16.8%

Nearby Cities

Nichols Hills vs Other Cities

Frequently Asked Questions

Nichols Hills's cost of living index is 91, where 100 is the national average. That makes Nichols Hills roughly 9% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $875,000 and median rent is $1,375/month.
Nichols Hills's violent crime rate is 78.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 865.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Nichols Hills are operated by OKLAHOMA CITY. The district has 32 elementary, 15 middle, and 10 high schools. The student-to-teacher ratio is 16.2:1. 77.2% of adults 25+ hold a bachelor's degree or higher.
Nichols Hills, OK has a population of 3,854, a median household income of $194,576, and an unemployment rate of 0.3%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Nichols Hills averages 50.5°F in January and 94.7°F in July. Annual rainfall is 36.6 inches with about 6.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Nichols Hills, Oklahoma is 3,854 with a median age of 46.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Nichols Hills: cost of living index 91 (100 = US average), median home $875,000, median household income $194,576, crime index 29 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Nichols Hills side by side with your current city to see the trade-offs.