Broken Arrow, Oklahoma: Comprehensive Guide to Housing, Loan Options, and the Vibrant Lifestyle

Welcome to Broken Arrow, Oklahoma

A city that is as vibrant and diverse as it is welcoming. With its unique blend of cultural richness, economic dynamism, and friendly community spirit, Broken Arrow has something for everyone. Let’s take a closer look at key demographic, economic, and social characteristics that make this city a prime destination for potential residents or investors.

Average Salary in Broken Arrow

Its average salary is a central indicator of Broken Arrow’s robust economy. The earnings compete favorably with many other locations nationwide, with a figure standing at $56,000. This competitive wage, combined with a wide range of job opportunities in sectors as diverse as Manufacturing, healthcare, education, logistics, retail makes Broken Arrow an ideal location for professionals from various walks of life.

Median Home Value in Broken Arrow

The real estate landscape in Broken Arrow is as varied as it is promising. The median home value is $170,000, offering everything from cosy starter homes to luxurious residences. An impressive homeownership rate of 24.80% underlines Broken Arrow as a prime spot for long-term investment and stability.

For those who prefer the flexibility of renting, they’ll be in good company. 75.20% of the local populace choose to rent, drawn by a versatile rental market that offers options for everyone from recent graduates to retirees.

Credit Ratings and Loan Opportunities in Broken Arrow

The financial health of a city’s residents can be crucial in numerous aspects, including the capacity to secure loans. In Oklahoma, the average credit score sits at 693. This rating is a key factor for financial institutions when offering loans, with higher scores often leading to more favorable loan conditions.

However, a low credit score is not a roadblock in Broken Arrow. Numerous lenders in the city are specialists in offering guidance and loan solutions to individuals across the credit score spectrum, ensuring everyone has the opportunity to realize their financial goals.

Demographics and Density in Broken Arrow

Broken Arrow has a population of around 116,330 inhabitants. These residents are comfortably spread across 63.0 sq mi (or 163.2 km2), ensuring a comfortable balance of urban life without the pressures of overpopulation. The city’s population density stands at 1,802 individuals per square mile, offering a sense of community while still allowing for personal space.

Economic Landscape in Broken Arrow

Broken Arrow enjoys a thriving economy with Manufacturing, healthcare, education, logistics, retail being the major contributors. The proximity of the nearest airport (Tulsa International Airport (TUL)), amplifies the city’s attractiveness for businesses seeking to expand or set up shop, offering excellent connectivity with both national and international markets. The city’s average credit score of 693 reflects a financially responsible and economically active populace.

Educational Opportunities in Broken Arrow

Broken Arrow holds education in high esteem. The city boasts top-ranking schools, such as The University of Texas Rio Grande Valley, Brownsville Independent School District, Los Fresnos Consolidated Independent School District, Harlingen Consolidated Independent School District, IDEA Public Schools, providing excellent educational opportunities from the foundational levels. For higher education, prestigious institutions like Northeastern State University Broken Arrow, Tulsa Community College – Southeast Campus and Northeastern State University – Muskogee, produce a well-educated, competent workforce contributing to Broken Arrow’s vibrant economy and societal fabric.

City’s Alias: Broken Arrow

Affectionately known as ‘The Floral City‘, Broken Arrow, positioned at 36.04°N 95.78°W, is celebrated for its energetic culture, committed efforts to preserve its rich history, and the superior lifestyle it provides its residents. Whether you’re a potential resident, investor, or visitor, Broken Arrow promises a rewarding and enriching experience.

Recreation and Lifestyle in Broken Arrow

Experience the exciting pace of life in Broken Arrow, where many recreational activities await. Whether you’re an art enthusiast, a sports fanatic, or a nature lover, Broken Arrow caters to all. Popular attractions include Ray Harral Nature Park, The Museum Broken Arrow and Bass Pro Shops, providing a rich mixture of educational and entertainment experiences.

The city’s commitment to promoting a balanced lifestyle is further showcased by its array of parks and open spaces, ideal for relaxation or active pursuits. Not to forget Broken Arrow’s vibrant events calendar, filled with cultural festivals, sporting events, and community gatherings that highlight the city’s spirit of camaraderie.

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