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1031 Exchange Tulsa, Oklahoma

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Tulsa due to their correlations with market demand, and conversely, vacancy rate.

Surrounding metropolitan Area

Tulsa, Oklahoma is a part of the Tulsa, OK metropolitan area, and contains 52 zip codes, including: 74134, 74121, 74159, 74182, 74130, and 74148.

Tulsa Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Tulsa, OK metropolitan area was $685, which is 11.93% lower than 2014 average rent. This represents a compounded annual growth rate of 2.28%. 2019 vacancy in Tulsa, OK was 5.30%.

The total population of the city of Tulsa, OK has grown 2.24% since 2010. As of 2018, the population was 400,669. The median household income of the Tulsa was $46,113, which is 23.52% lower than the national average.

  • metropolitan area Tulsa, OK
  • avg rent $685
  • rent growth 11.93%
  • vacancy 5.30%
  • median income $46,113
  • population (2018) 400,669
  • population growth 2.24%
  • vs. nat'l avg 23.52%
  • zip codes 74101 74102 74103 74104 74105 74106 74107 74108 74110 74112 74114 74115 74116 74117 74119 74120 74121 74126 74127 74128 74129 74130 74131 74132 74133 74134 74135 74136 74137 74141 74145 74146 74147 74148 74149 74150 74152 74153 74155 74156 74157 74158 74159 74169 74170 74171 74172 74182 74186 74187 74192 74193

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