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Broken Arrow

Learn about the people, housing, costs and businesses in Broken Arrow, Oklahoma

Median Home$245,657
Median Rent$1,506/month
Population118,066
Leading IndustriesManufacturing · Transportation · Professional Services1% manufacturing
Home Value Growth⬆⬆+19.5% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners72% of occupied units
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
NotableHigh Incomes$88k/year · top 26% nationally
Broken Arrow
OK

Frequently Asked Questions

What are today's mortgage rates in Broken Arrow?

As of today, the 30-year fixed mortgage rate for Broken Arrow is approximately 6.966% (7.005% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Broken Arrow?

The median home value in Broken Arrow is $246k. The median monthly rent is $1,506. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Broken Arrow?

Home values in Broken Arrow have increased 19.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Broken Arrow?

Based on a typical all-in ownership cost of $1,347/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Broken Arrow is $88k/year.

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What industries drive the economy in Broken Arrow?

The largest employment sectors in Broken Arrow are public administration (23%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.