Quality of Life in Tulsa, OK for a High Earner

Overview of Income

• Annual Salary: $197,850
• Income Comparison: Significantly above the median household income in Tulsa and the U.S.

Cost of Living

• General Cost: Lower than the national average
  • Allows for more disposable income and savings
• Key Expenses:
  • Groceries, utilities, and transportation are affordable compared to other major cities
• State Income Tax: Oklahoma has a moderate state income tax rate, impacting take-home pay but generally manageable at this income level.

Housing Market

• Median Home Price: Significantly less than the national average
  • As of 2023, around $210,000 compared to the national median hovering around $375,000
• Housing Options:
  • Diverse range, from single-family homes to more luxurious properties in suburban areas like Broken Arrow or Midtown
• Home Affordability: High earner could comfortably afford a substantial property or invest in real estate within the city

Quality of Life

• Community and Lifestyle:
  • Friendly, mid-sized city with a welcoming community atmosphere
  • Offers a mix of urban and suburban living, with plenty of recreational parks and cultural amenities

Access to Healthcare

• Healthcare Facilities:
  • Home to several reputable health systems and hospitals, like Saint Francis Health System and Ascension St. John
• Healthcare Costs: Generally below the national average, with good access to both specialists and family practitioners

Quality of K-12 Schools

• Public Schools:
  • A mix of high-performing and average schools
  • School systems like Jenks Public Schools and Union Public Schools have good reputations
• Private Options: A variety of private schooling choices available for those seeking alternative education routes

Summary

Living in Tulsa, OK, with an income of $197,850 offers numerous advantages. The lower cost of living relative to the broader U.S. allows for comfortable financial flexibility. Affordable housing makes it easier to purchase quality real estate. Access to healthcare and reasonable education options enhance the overall lifestyle, making Tulsa a favorable option for those at this income level.