The existence of insecurity in a state necessitates immediate government attention and action as it poses a risk to human life and property and impedes socio-economic development. The study aims to evaluate insecurity and its impact on socio-economic development in Oyo state. It will also determine the major causes of insecurity problems and offer data that can help develop effective security strategies and policies. The study population consisted of residents who were randomly selected from the Ibarapa North Local Government Area of Oyo State, Nigeria. The descriptive survey method was adopted and analyzed with the Chi-square technique. According to this research, there is a negative correlation between insecurity and the state's socio-economic development. The study recommends good governance and inclusive government policies to curb insecurity and ensure the state's socio-economic development.