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Broken Arrow
Broken Arrow
Oklahoma
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Broken Arrow is a city located in the northeastern part of the U.S. state of Oklahoma, primarily in Tulsa County but also with a section of the city in western Wagoner County. It is the largest suburb of Tulsa. According to the 2010 census, Broken Arrow has a population of 98,850 residents and is the fourth-largest city in the state. However, a July 2017, estimate reports that the population of the city is just under 112,000, making it the 280th-largest city in the United States. The city is part of the Tulsa Metropolitan Area, which has a population of 961,561 residents. The Missouri–Kansas–Texas Railroad sold lots for the town site in 1902 and company secretary William S. Fears named it Broken Arrow. The city was named for a Creek community settled by Creek Indians who had been forced to relocate from Alabama to Oklahoma along the Trail of Tears. Though Broken Arrow was originally an agricultural community, its current economy is diverse. The city has the third-largest concentration of manufacturers in the state.

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Taxes

C+

How did Oklahoma earn the grade of C+? We examined the state taxes based on how age friendly they are. Oklahoma has a state sales tax of 4.50%. Of particular interest is that Oklahoma does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Oklahoma has an effective property tax rate of 0.89%. Weighing these taxes and other taxes most likely to impact the aging population is how Oklahoma earned its state tax grade of C+.

Learn more about taxes in Oklahoma

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