Broken Arrow, OK
Tulsa County · Pop. 115,748
Ranked #35 of 243 cities
56Moderate
Median Home Price
🏠$250K
3.2% YoY
Median Rent
🔑$1,200
2.0% YoY
Median Income
💰$68K
Rent Burden
📊25.0%
% of income to rent
Income to Buy
🏦$72K
annual income needed
Income to Rent
📝$48K
annual income needed
Price-to-Income
⚖️3.7x
Homeownership
🏡72.0%
Rent vs. Buy
Buy
$1,331/mo
Est. mortgage (7%, 20% down)
Need $72K/yr income
Rent
$1,200/mo
Median rent
Need $48K/yr income
How Broken Arrow Compares
| Metric | Broken Arrow | Oklahoma | National |
|---|---|---|---|
| Home Price | $250K | $209K | $410K |
| Rent | $1,200 | $1,020 | $1,500 |
| Income | $68K | $62K | $75K |
| Rent Burden | 25.0% | 28.0% | 30.0% |
Key Takeaways
- • Home prices in Broken Arrow are 39% lower than the national average.
- • Rent is 20% lower than the national average.
- • You need an income of $72K to comfortably buy a home here.
- • The homeownership rate is 72.0%, compared to 65.0% nationally.