HomeOklahomaOklahoma CountyNichols Hills
Nichols Hills, Oklahoma: commercial real estate data.
Nichols Hills is a Census city of 3,843 people across 1.97 square miles of land, in Oklahoma County. Median household income is $207,567, 91.5 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $2.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Nichols Hills
What Nichols Hills is
- Census place typecity
- Land area1.97 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,949
- County holding the largest share of its areaOklahoma County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nichols Hills
How many people live in Nichols Hills
- Population3,843
- Median age43.2
- Population under 181,172
- Share under 1830.5 percent
- Population 65 and over746 plus or minus 155
- Share 65 and over19.4 percent plus or minus 4.0
- Households1,555
- Family households1,169
- Share of households that are families75.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nichols Hills
Income and work in Nichols Hills
- Median household income$207,567 plus or minus $47,788
- Per capita income$138,740
- Civilian labor force1,779
- Employed1,773
- Unemployed6 plus or minus 10
- Unemployment rate0.3 percent plus or minus 0.6
- Adults 25 and over2,635
- Adults 25 and over with a high school diploma or higher99.4 percent
- Adults 25 and over with a bachelor degree or higher72.6 percent
- Adults 25 and over with a graduate degree34.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nichols Hills
Housing in Nichols Hills
- Housing units1,728
- Occupied units1,555
- Vacant units173 plus or minus 64
- Vacancy rate10.0 percent plus or minus 3.6
- Owner occupied1,423
- Renter occupied132 plus or minus 67
- Ownership rate91.5 percent
- Median owner-occupied home value$818,500 plus or minus $246,294
- Median gross rent, monthly$2,130
- Annual rent as a share of median income12.3 percent plus or minus 3.4
- Single family units1,657
- Share single family95.9 percent
- Units in buildings of two or more71 plus or minus 49
- Share in buildings of two or more4.1 percent plus or minus 2.8
- Mobile homes0
- Median year structure built1961
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nichols Hills
How Nichols Hills gets to work
- Workers 16 and over who commute1,537
- Commuting under 15 minutes801 plus or minus 163
- Share commuting under 15 minutes52.1 percent
- Commuting 30 minutes or more25 plus or minus 23
- Share commuting 30 minutes or more1.6 percent plus or minus 1.5
- Drove alone82.0 percent
- Carpooled4.3 percent plus or minus 2.9
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home13.4 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nichols Hills
SBA loans in Nichols Hills (7(a))
- Approvals5
- Gross approval$2,151,200
- Average approval$430,240
- Median approval$400,000
- Largest approval$1,076,200
- Jobs supported40
- Jobs per approval8.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term96 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises20.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Nichols Hills, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Nichols Hills
Flood risk in Nichols Hills
- NFIP communityCity of Nichols Hills
- NFIP community number400423
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date12/18/09
The City of Nichols Hills participates in the National Flood Insurance Program as community 400423 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Oklahoma County, not Nichols Hills
Oklahoma County context, not Nichols Hills figures
- Establishments in Oklahoma County24,877
- Covered employment, Oklahoma County495,002
- Average annual pay, Oklahoma County$65,904
- Housing units permitted, Oklahoma County6,164
Every figure in this section is published for Oklahoma County as a whole and is not a measurement of Nichols Hills.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Nichols Hills questions, answered from the record.
How many people live in Nichols Hills, Oklahoma?
3,843, in 1,555 households. Nichols Hills city covers 1.97 square miles of land, which is 1,949 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Nichols Hills in?
Oklahoma County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Nichols Hills?
$207,567. The median owner-occupied home is valued at $818,500. Median gross rent is $2,130 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Nichols Hills businesses?
5 7(a) approvals totaling $2.2 m since FY2020, across 4 lenders, median approval $400,000. These count approvals to borrowers whose address is in Nichols Hills, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Nichols Hills borrowers get paid back?
No rate is published for Nichols Hills. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Nichols Hills in the National Flood Insurance Program?
Yes. Nichols Hills appears in the FEMA Community Status Book as Nichols Hills, city of, community 400423, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Nichols Hills figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Oklahoma County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Nichols Hills.
Is zoning published for Nichols Hills?
No. Nothing on this page presents parcel level zoning.
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