New businesses are accompanying residential growth in the McLoud area.
“I think in five years people will see a significant change in the way McLoud looks,” City Manager Larry Dillon said.
New houses are rising quickly in the McLoud, Dillon said, and new jobs will be created by businesses surging into the city.
“We’ve been fortunate to have several businesses come into our area — Jim’s Fried Chicken, the Citizen Pottawatomi Nation is building a new grocery store and some other businesses, a pawn shop, and several others,” Dillon said.
“They have all recognized potential in the McLoud community and invested their money, time and effort into starting a new business,” Dillon said.
Local contractors have already reaped some of the rewards from the city’s growth. “They are able to bid lower since they save on transportation costs, so it works out well for everyone,” Dillon said.
The median household income in the city of McLoud rose from about $32,000 in 2000 to $47,095 in 2009. The median income for the state is about $6,000 less per household than in McLoud.
“Everything is kind of positive for McLoud. Sure, it’s still hard for some people to pay the bills, and work is still hard to find for some, but for the most part, it’s all positive,” Dillon said.
The most recent unemployment statistics for McLoud from city-data.com have the city sitting at 4.5 percent, well below the national average of 7.8 percent and below the Oklahoma average of 4.8 percent.
“The community is healthy and growing. I go to city manager meetings and meet managers that are faced with so many problems that we don’t have,” Dillon said.
Dillon added McLoud’s location and amenities have plenty to do with the community thriving.
“Despite the economy, some areas that are located in good places geographically still thrive,” Dillon said.
“McLoud is located in a good place geographically. It’s hard to imagine a city like Yukon, Edmond or Norman doing poorly. McLoud could be like that on the east side of Oklahoma City.”