Tulsa, Oklahoma, thrives as a bustling urban center in the heart of the United States, providing a vibrant setting for both businesses and professionals. A report from the Brookings Institution underscores Tulsa’s economic expansion, positioning it among the top 100 rapidly developing metropolitan areas nationwide. This advancement is driven by a varied and resilient economy.
Tulsa features a substantial cluster of Fortune 500 companies spanning multiple sectors. As per a recent piece in the Tulsa World, the energy industry maintains a prominent role, with corporations such as American Fidelity Assurance Corporation and ONEOK calling the city home. In addition, the aerospace and aviation sector significantly contribute to Tulsa’s economy, with the presence of Spirit AeroSystems, a key supplier to Boeing. Moreover, Tulsa serves as a telecommunications hub, with major players like Verizon and Cox Communications maintaining significant operations in the city.
Tulsa’s small business community thrives beyond the prominent names. According to data from the Small Business Administration, small businesses make up over 99% of Tulsa’s business landscape, transforming it into a hub of innovation and entrepreneurial drive.
When it comes to attracting and retaining talent, Tulsa presents an enticing opportunity. The city enjoys a lower cost of living compared to the national average. Research conducted by Kiplinger highlights that Tulsa’s housing market offers significantly more affordability than numerous other urban areas. Additionally, Oklahoma carries a relatively modest overall tax burden, increasing its appeal to businesses and workers.
Tulsa benefits from a robust talent pool supported by various universities and colleges in the region, including The University of Tulsa and Oklahoma State University Tulsa. These universities are consistently producing highly qualified graduates for the
workforce.
Additionally, alongside its financial benefits, Tulsa boasts a high quality of life. The city maintains a lower crime rate compared to the national average according to FBI statistics. Moreover, public schools in Tulsa are well-regarded, providing excellent educational opportunities for families. Tulsa also meets a diverse array of spiritual needs with its multitude of churches and religious institutions.
In conclusion,
Tulsa, Oklahoma, presents a compelling mix of business prospects and exceptional quality of life, making it an appealing destination for businesses to flourish and professionals to pursue rewarding careers.
