Moody’s Investors Service and S&P Global reaffirmed the City of Oklahoma City’s highest possible bond ratings, citing strong financial management and stability.
Oklahoma City recorded the second-largest jump in rankings on the Milken Institute’s 2025 Best-Performing Cities list, rising 86 spots from 144th to 58th.
Oklahoma is attracting thousands of new residents each year, drawn by its affordable housing, job opportunities, and quality of life. In 2023 alone, more than 25,000 people moved to the state, according to a recent migration study by StorageCafe using the latest U.S. Census data. This steady influx placed Oklahoma among the top 10 states for net migration.
Wheeler Bio announced its successful completion of an oversubscribed Series A-1 financing round, meaning the Oklahoma City-based company attracted more investor interest and funding offers than initially sought, a strong indicator of confidence in the company’s growth and potential. The $35 million round was led by Alloy Therapeutics and Echo Investment Capital (Echo), with additional participation from Mitsubishi Corp. (Americas), Germin8 Ventures and Russell Westbrook Enterprises.
Long Wave Inc., an Oklahoma City-based defense contractor, has been selected as a subcontractor for Northrop Grumman Systems Corp.’s $3.5 billion contract supporting the U.S. Navy’s TACAMO Recapitalization Program.
Oklahoma leads the nation in profit per employee among Fortune 500 companies, according to a DoFollow report using data from the 2024 Fortune 500 rankings.
Oklahoma City is becoming a key player in the U.S. film industry, with Moviemaker magazine ranking it as 2025’s 13th best place to live and work as a moviemaker. The city's rise in film production boosts the local economy and strengthens national presence.
Oklahoma City is holding steady as the most affordable large city in the U.S., according to the 2024 annual Cost of Living Index (COLI) from the Council for Community and Economic Research (C2ER). Among cities with populations over 500,000, Oklahoma City ranks #1 for the lowest cost of living.
