Foreclosures in Oklahoma increased in 2009 over the prior year. There was a total of 12,930 properties with foreclosure filings. That works out to a rate of one filing for every 125 households, which compares to the United States average of 45, and is a little less than one percent of the state's housing units.
Oklahoma is the 28th largest U.S. state by population, with 3,687,050 people (in 2008). Its 69,898 square miles make it the 20th largest state by area. Median household income in 2008 was $42,822.
Oklahoma is a top producer of oil and natural gas in U.S., and has become the fifth largest producer of wind energy. Forbes magazine referred to Oklahoma City the most "recession-proof city in America" due to low unemployment, rising economic production, and a steady real estate market. Oklahoma has major corporate presences including Xerox, Boeing, Cox, UPS, and American Airlines. Aeronautics is also a strong sector, constituting 10 percent of Oklahoma's manufacturing. The state also boasts substantial agricultural production, led by cattle, pork and wheat.
