Wealth Index
Wealthier than 88% of counties in Oklahoma
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Tulsa County | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,864 | $63,953 | $78,145 |
| Median Personal Income | $54,425 | $52,060 | $61,726 |
| Average income growth | 4.2% | 4.1% | 5.1% |
| Six-Figure Earners | 11.1% | 8.8% | 13.2% |
The median household income in Tulsa County is about 6% higher than in Oklahoma. Income has been growing faster in Tulsa County (4.2%/yr) than in Oklahoma (4.1%/yr).
About 11% of adults in Tulsa County earn six figures ($100,000 or more) a year, higher than the Oklahoma average of 9%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Tulsa County, Oklahoma grew by 50.1% from 2009 to 2023, reaching $67,864 in 2023. That's an average of about 4.2% per year.
Economic Inequality in Tulsa County | Gender Pay Gap | Gini Coefficient
| Metric | Tulsa County | Oklahoma Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.557 | 0.560 | 0.570 |
| Male Median Income | $61,034 | $59,197 | $67,746 |
| Female Median Income | $47,972 | $45,400 | $54,793 |
| Gender Pay Gap | 21.4% | 23.3% | 19.1% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Tulsa County, it is 0.557, about the same as Oklahoma's 0.560, so income here is about as evenly distributed as there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 27% more than women's income in Tulsa County, Oklahoma. Over a 35-year career, a 27% wage gap accumulates to roughly $457,170 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Tulsa County, Oklahoma has narrowed from about 23% to 21% in 2023. In dollar terms, the gap has widened by $3,155 since 2009.
Employment
| Metric | Tulsa County | Oklahoma Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.4% | 4.8% | 5.2% |
| Working from Home | 10.3% | 8.5% | 13.4% |
| Commute time (minutes) | 18 | 18 | 22 |
Approximately 18,545 people are unemployed in Tulsa County, Oklahoma.
The average commute time in Tulsa County is 18 minutes, about the same as in Oklahoma.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Tulsa County, Oklahoma has fallen from 6.2% to 5.4% in 2023.
Conclusion
Considering all these factors, Tulsa County, Oklahoma has an overall wealth index grade of C, making it somewhat better than Oklahoma, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Tulsa County, Oklahoma.
How Rich Is Tulsa County, Oklahoma?
Tulsa County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $67,864, about 6% higher than the Oklahoma average of $63,953.
What is the current median household income in Tulsa County, Oklahoma?
As of 2023, the median household income in Tulsa County, Oklahoma is $67,864.
What was the median household income in Tulsa County in 2023?
In 2023, the median household income in Tulsa County, Oklahoma was $67,864.
What was the median household income in Tulsa County in 2020?
In 2020, the median household income in Tulsa County, Oklahoma was $57,353.
What is the Gini coefficient in Tulsa County, Oklahoma?
The Gini coefficient in Tulsa County is 0.557. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Tulsa County, Oklahoma?
Since 2009, the income gap between men and women in Tulsa County, Oklahoma has narrowed from about 23% to 21% in 2023. In dollar terms, the gap has widened by $3,155 since 2009.