Pros and Cons of Living in Elk City

Elk City's real, honest trade-offs center on a distinct oil-and-gas and Route 66 heritage identity weighed against an above-average property tax rate and a disclosed mixed crime picture.

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Pro: a real, distinct oil-and-gas and Route 66 heritage identity

Elk City's historical 'Natural Gas Capital of the World' self-styling, the Anadarko Basin's own real prolific gas production, and the National Route 66 & Transportation Museum complex (including Parker Drilling Rig #114) form a genuinely distinct identity in this project's Oklahoma buildout (base record).

Pro: genuinely affordable housing, rent, and Oklahoma's statewide tax advantages

Rent runs approximately 65% below the national average, and Oklahoma's 4.5% top state income tax with full Social Security exemption applies statewide (base record).

Con: a real, disclosed above-average property tax rate

Elk City's own effective property tax rate (1.05%) runs above both Oklahoma's own statewide cluster and the national median -- a genuine outlier this record does not smooth over (base record).

Con: a genuinely mixed crime picture and high combined sales tax

Elk City's property crime rate runs above the national average even as overall and violent crime run below it, and the combined sales tax (9.35%) runs genuinely high (base record).

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.