Broken Arrow, OK Economy


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Broken Arrow, Oklahoma is a great place to live and work. It offers many amenities to its citizens, including affordable cost of living. For example, the average two-bedroom rent in Broken Arrow is $1,150 compared to the national average of $1,430. The local grocery cost index is 97 versus 100 for the US.
The city is home to many businesses such as St. John Medical Center, Tulsa Technology Center, Craft-Tek Industries Inc., and Genaback Technologies Inc.. There are also several attractions in the area such as Safari Joe's H2O Water Park, Ray Harral Nature Park and Cinema 8 movie theater. With so much to offer its residents, Broken Arrow continues to be a great place to live and work.

Broken Arrow has an unemployment rate of 3.6%. The US average is 6.0%.

Broken Arrow has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.

Tax Rates for Broken Arrow
- The Sales Tax Rate for Broken Arrow is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Broken Arrow is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Broken Arrow
- The average income of a Broken Arrow resident is $29,802 a year. The US average is $28,555 a year.
- The Median household income of a Broken Arrow resident is $76,733 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBroken Arrow, OklahomaUnited States
  3.66
  -3.9%-6.2%
  32.2%33.5%
  8.4%6.2%
  5.0%4.6%
  $41,844$37,638
  $76,733$69,021
  $88,922$85,028
  Population by Occupation
  0.4%1.2%
  1.5%0.5%
  5.7%6.8%
  11.7%10.0%
  3.5%2.5%
  11.3%11.0%
  4.9%4.8%
  1.4%0.8%
  2.4%1.9%
  5.4%4.7%
  1.8%1.9%
  6.3%7.6%
  0.1%0.1%
  3.9%4.2%
  8.5%9.3%
  13.4%14.0%
  1.9%2.1%
  6.3%7.0%
  6.2%4.8%
  3.3%4.7%
Reviews for Broken Arrow
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Over 16 years ago

Broken Arrow is a nice place to live. With 88,000 people it still holds a small town atmosphere. It's affordable (although the state tax is high - 8.5%) and has  More

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Over 18 years ago

I am thinking about moving to the Broken Arrow area. I am looking for someone to help me out by sending me a newspaper, shopping guide or anything they think would be  More

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Housing here in Broken Arrow is relatively cheap if you are looking to buy a house you can usually get a 4 bedroom 2 bath about 2400 square foot home for around $130,000  More

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