Zip 74112 (Tulsa, OK) Economy


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Tulsa, Oklahoma (74112) is an affordable place to live. The average two bedroom rent is only $1,060 per month, which is significantly lower than the national average of $1,430. Grocery costs are also cheaper here with a Grocery Cost Index of 93 compared to 100 in the US. Living in Tulsa means you can find great deals and still enjoy city life. The local companies are diverse and vibrant in this area. Local businesses such as Tulsa Propeller, Williams Companies, Tulsa Airports Improvement Trust, and University of Tulsa bring a wealth of knowledge and opportunity to the area. There are also many small businesses that contribute greatly to the economy of Tulsa including restaurants, shops and boutiques. Residents living in 74112 have access to a variety of services from these local companies that help make life more enjoyable and productive.

Tulsa (zip 74112) has an unemployment rate of 4.7%. The US average is 6.0%.

Tulsa (zip 74112) 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 29.5%, which is lower than the US average of 33.5%.

Tax Rates for Tulsa (zip 74112)
- The Sales Tax Rate for Tulsa (zip 74112) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Tulsa (zip 74112) 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 Tulsa (zip 74112)
- The average income of a Tulsa (zip 74112) resident is $21,746 a year. The US average is $28,555 a year.
- The Median household income of a Tulsa (zip 74112) resident is $50,646 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTulsa, OklahomaUnited States
  4.76
  -3.9%-6.2%
  29.5%33.5%
  8.5%6.2%
  5.0%4.6%
  $28,594$37,638
  $50,646$69,021
  $62,175$85,028
  Population by Occupation
  0.4%1.2%
  1.0%0.5%
  8.3%6.8%
  9.9%10.0%
  1.9%2.5%
  11.6%11.0%
  5.2%4.8%
  1.1%0.8%
  2.6%1.9%
  2.3%4.7%
  1.9%1.9%
  6.9%7.6%
  0.2%0.1%
  6.1%4.2%
  7.1%9.3%
  13.7%14.0%
  3.5%2.1%
  7.8%7.0%
  5.3%4.8%
  3.2%4.7%
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