Tulsa earns high marks as a city good for first-time home buyers.
New rankings from WalletHub put Tulsa at seventh-best for first-time home buyers among America’s 62 largest cities and 42nd among 300 cities.
Analyst Jill Gonzalez said Tulsa did very well when it comes to affordability, a measure that includes cost of living, housing prices, and the costs of homeowner’s insurance and property taxes.
"So, not only are you going to have a lot of good incentives in place being a first-time home buyer, but, throughout the life of that mortgage, you're still going to have a good chunk of your paycheck be able to go to some other things as well," Gonzalez said.
Tulsa’s quality of life score could be better, though one factor in that can’t really be helped. Weather and the risk of severe weather is part of the quality of life score.
"The school systems rank could be a little bit better as far as the quality of life is concerned," Gonzalez said. "Of course, as a taxpayer, it's something that you pretty much are directly paying for. Also, things like the home energy costs could be a little bit better."
Broken Arrow ranks eighth among small cities and 14th among all 300, besting Tulsa’s affordability and quality of life rankings. Oklahoma City trails both Green Country towns.
