Tulsa, OK (zip code 74116) is a great place to live for those looking for an affordable place to stay. The average two bedroom rent is only $820, much lower than the national average of $1,430. Additionally, cost of living in Tulsa is low with a grocery cost index at 92 compared to 100 in the US. There are many local companies and attractions that make Tulsa a desirable and exciting place to live. Businesses like Saint Francis Health System, American Airlines Group, and Williams provide job opportunities for residents while entertainment venues such as Tulsa Zoo, Philbrook Museum of Art, and the BOK Center offer cultural beauty and enriching experiences.
Tulsa (zip 74116) has an unemployment rate of 4.7%. The US average is 6.0%.
Tulsa (zip 74116) has seen the job market decrease by -3.9% 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 74116)
- The Sales Tax Rate for Tulsa (zip 74116) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Tulsa (zip 74116) 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 74116)
- The average income of a Tulsa (zip 74116) resident is $26,490 a year. The US average is $37,638 a year.
- The Median household income of a Tulsa (zip 74116) resident is $43,864 a year. The US average is $69,021 a year.