Housing data for Nichols Hills, OK
Nichols Hills, OK has an estimated 3,843 residents and 1,728 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Oklahoma County.
8.5% of households rent.
The median gross rent is $2,130 a month.
Figures last updated on .
- Residents
- 3,843 (±33)
- Housing units
- 1,728 (±180)
- Households that rent
- 8.5%
- Median gross rent
- $2,130
- Residents since 2015–2019
- −1.2%
What stands out in Nichols Hills
Median real estate taxes: $9,314 (±$1,274) in Nichols Hills, higher than in Oklahoma County ($2,155).
Median home value: $818,500 (±$246,294) in Nichols Hills, higher than in Oklahoma County ($222,900).
Median household income: $207,567 (±$47,788) in Nichols Hills, higher than in Oklahoma County ($66,679).
Median gross rent: $2,130 (±$337) in Nichols Hills, higher than in Oklahoma County ($1,116).
- Property taxes in Nichols Hills
- Home values in Nichols Hills
- Income and affordability in Nichols Hills
- Median rent in Nichols Hills
Housing in Nichols Hills at a glance
- Median rent: $2,130 median gross rent a month
- Rent by bedrooms: $1,563 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 21.9% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 8.5% of households rent (Small sample: wide margin of error)
- Income and affordability: $207,567 median household income
- Home values: $818,500 median home value
- Homeowner costs: $4,000 or more median monthly cost with a mortgage
- Property taxes: $9,314 median real estate taxes a year
- Types of homes: 1.6% of homes are in buildings of 5 or more units
- Bedrooms: 89.7% of homes have 3 or more bedrooms
- Age of homes: 67.5% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 84.6% heat with utility gas
- Commute and cars: 13.5 minutes average trip to work
- Crime reported to police: 52 violent crimes per 100,000 residents
- Growth: −1.2% residents since 2015–2019
- How long people stay: 20.7% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
- Fair Market Rent: $1,310 Small Area FMR, 2 bedrooms (ZIP 73116)
Nichols Hills against Oklahoma County, its state and the nation
| Nichols Hills | Oklahoma County | Oklahoma | United States | |
|---|---|---|---|---|
| Residents | 3,843 (±33) | 806,199 (exact) | 4,028,634 (exact) | 334,922,499 |
| Housing units | 1,728 (±180) | 360,591 (±370) | 1,775,127 (±745) | 143,775,355 |
| Households that rent | 8.5% (±4.3 points) | 41.8% (±0.7 points) | 34.2% (±0.2 points) | 34.8% |
| Median gross rent | $2,130 (±$337) | $1,116 (±$10) | $1,014 (±$6) | $1,413 |
| Median household income | $207,567 (±$47,788) | $66,679 (±$1,050) | $65,039 (±$439) | $80,734 |
| Median home value | $818,500 (±$246,294) | $222,900 (±$2,753) | $199,800 (±$1,121) | $332,700 |
| Median real estate taxes (a year) | $9,314 (±$1,274) | $2,155 (±$42) | $1,599 (±$11) | $3,119 |
| Built before 1980 | 67.5% (±13.6 points) | 53.5% (±0.9 points) | 49.4% (±0.3 points) | 49.7% |
| Average commute | 13.5 minutes (±1.2) | 21.9 minutes (±0.3) | 22.4 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 97.4% (±2.2 points) | 91.7% (±0.5 points) | 88.9% (±0.2 points) | 91.0% |
| Median age of residents | 43.2 years (±6.1) | 35.2 years (±0.2) | 37.0 years (±0.1) | 38.9 years |
Nichols Hills covers 2.0 square miles of land, about 1,949 residents per square mile (Census Bureau Gazetteer).
How Nichols Hills has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 3,891 (±35) | 3,843 (±33) | −1.2% | Not a measurable change |
| Housing units | 1,794 (±103) | 1,728 (±180) | −3.7% | Not a measurable change |
| Median gross rent | $1,914 (±$289) | $2,130 (±$337) | +11.3% | No measurable change after inflation |
| Median home value | $799,900 (±$81,055) | $818,500 (±$246,294) | +2.3% | No measurable change after inflation |
| Median household income | $186,912 (±$52,974) | $207,567 (±$47,788) | +11.1% | No measurable change after inflation |
| Median real estate taxes | $7,473 (±$1,132) | $9,314 (±$1,274) | +24.6% | No measurable change after inflation |
| Households that rent | 7.3% (±3.0 points) | 8.5% (±4.3 points) | +1.2 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±17.4 points) | 0.0% (±17.2 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Nichols Hills
In 2025, the Nichols Hills Police Department reported 52 violent and 806 property crimes per 100,000 residents to the FBI.
ZIP codes in Nichols Hills
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 73116 | 26% | 10,211 | $1,186 | $321,600 | $81,226 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Nichols Hills
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| The Village | 1.8 mi | $1,403 | $211,800 | 36.5% |
| Warr Acres | 4.4 mi | $919 | $164,500 | 38.0% |
| Lake Aluma | 5.5 mi | — | $1,163,500 | 0.0% |
| Oklahoma City | 5.7 mi | $1,130 | $231,300 | 41.4% |
| Forest Park | 6.0 mi | — | $289,000 | 7.8% |
| Bethany | 6.2 mi | $1,071 | $171,600 | 46.9% |
| Woodlawn Park | 6.5 mi | — | $283,800 | 22.4% |
| Smith Village | 8.2 mi | — | $127,500 | 11.8% |
Places in Oklahoma most like Nichols Hills
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Medicine Park | $1,167 | $331,500 | $124,000 | 4.2% |
| Jenks | $1,602 | $327,100 | $111,004 | 22.5% |
| Choctaw | $1,208 | $242,100 | $100,574 | 12.5% |
| Piedmont | $1,544 | $330,100 | $104,441 | 8.6% |
| Bixby | $1,393 | $334,200 | $104,404 | 24.0% |
| Edmond | $1,344 | $351,400 | $103,183 | 29.7% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Oklahoma.
HUD Fair Market Rent for Nichols Hills, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $958 | $1,040 | $1,264 | $1,713 | $1,923 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Nichols Hills, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $20,450 | $34,100 | $54,500 |
| 2 people | $23,400 | $38,950 | $62,300 |
| 3 people | $27,320 | $43,800 | $70,100 |
| 4 people | $33,000 | $48,650 | $77,850 |
| 5 people | $38,680 | $52,550 | $84,100 |
| 6 people | $44,360 | $56,450 | $90,350 |
| 7 people | $50,040 | $60,350 | $96,550 |
| 8 people | $55,720 | $64,250 | $102,800 |
These are the limits HUD sets for its housing programs in the Oklahoma City, OK HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $97,300.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Nichols Hills
What is the average rent in Nichols Hills, OK?
The Census Bureau publishes the median rather than the average: the median gross rent in Nichols Hills is $2,130 (±$337) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
What is the median household income in Nichols Hills?
The median household income in Nichols Hills is $207,567 (±$47,788) a year (2020–2024 American Community Survey).
What is the average home value in Nichols Hills, OK?
The Census Bureau publishes the median: $818,500 (±$246,294) for owner-occupied homes in Nichols Hills (2020–2024 American Community Survey).
What is the average mortgage payment in Nichols Hills?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Nichols Hills, OK is $4,000 or more a month, including taxes, insurance and utilities.
How much are property taxes in Nichols Hills?
The median real estate tax paid by homeowners in Nichols Hills, OK is $9,314 (±$1,274) a year (2020–2024 American Community Survey).
How many homes are in Nichols Hills?
Nichols Hills, OK has an estimated 1,728 (±180) housing units, occupied and vacant (2020–2024 American Community Survey).
Is Nichols Hills growing?
In Nichols Hills, the number of residents went from 3,891 in 2015–2019 to 3,843 in 2020–2024 (−1.2%), not a measurable change.
What ZIP codes are in Nichols Hills?
The ZIP code that covers Nichols Hills is 73116.
What is the median rent in ZIP code 73116?
The median gross rent in ZIP Code Tabulation Area 73116 is $1,186 (±$172) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Nichols Hills city, Oklahoma
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Nichols Hills city, Oklahoma
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Nichols Hills city, Oklahoma
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Nichols Hills city, Oklahoma
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Nichols Hills city, Oklahoma
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Nichols Hills city, Oklahoma
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Nichols Hills city, Oklahoma
- HUD Fair Market Rents, fiscal year 2027: Oklahoma City, OK HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Oklahoma City, OK HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Nichols Hills Police Department (ORI OK0550500)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Nichols Hills city, Oklahoma (place:51800, in state:40).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .