Tulsa is Oklahoma’s second largest city, with a population of more than 400,000, according to 2020–2021 U.S. census estimates, and the 47th largest in America. Credit Karma data from Aug. 17, 2022, shows that the 105,379 Credit Karma members who live in Tulsa have an average overall debt of $37,482. In this case, overall debt is made up of auto loans, auto leases, student loans, mortgages, credit card balances and medical debt. (Click here for the full methodology.)
Read on to see a snapshot of debt in Tulsa.
Overall debt in Tulsa
The 105,379 Credit Karma members living in Tulsa held a combined total debt of approximately $6.68 billion. The average overall debt for individuals was $37,482, but the median overall debt was only $10,665. This suggests that a segment of Tulsa residents carry higher debt compared to the rest of the population. The average next payment on that debt is $402.
In contrast, the national average debt for Credit Karma members is $49,454, and the median is $11,223.
Tulsa’s debt dial
Image: An orange heat dial labeled with low debt on the left side and high debt on the right. The hand of the dial leans far to the left, illustrating that Credit Karma members in Tulsa have lower debt than average in all categories.Auto loans, student loans, mortgage and credit card debt in Tulsa
The following table contains averages and medians for different types of debt among Credit Karma members in Tulsa.
| Debt type | Number of Credit Karma members with debt type | Average debt | Median debt | Average next payment |
|---|---|---|---|---|
| Auto loan | 76,637 | $21,405 | $16,625 | $543 |
| Student loan | 42,137 | $29,538 | $14,854 | $34 |
| Mortgage | 34,404 | $168,738 | $139,766 | $1,335 |
| Credit card | 93,628 | $5,858 | $2,505 | $162 |
So how do residents of Tulsa compare to the national member averages? The table that follows compares the national average against the averages in Tulsa among Credit Karma members.
| Debt type | National average debt of Credit Karma members | Tulsa member average debt |
|---|---|---|
| Auto loan | $24,042 | $21,405 |
| Student loan | $32,004 | $29,538 |
| Mortgage | $235,194 | $168,738 |
| Credit card | $6,469 | $5,858 |
Overall, Credit Karma members in Tulsa had less debt than the national average across all categories.
How does Tulsa rank against other cities?
We compared averages for Credit Karma members living in the top 100 cities by population according to 2021 U.S. census population estimates.
Out of the top 100 cities, Tulsa has the 91st highest overall average debt among Credit Karma members. Or, put another way, Tulsa has the 10th lowest overall average debt among Credit Karma members.
Here’s how Tulsa members ranked against the other top 100 cities in America.
- Auto loan debt: 78th highest
- Credit card debt: 73rd highest
- Student loan debt: 75th highest
- Mortgage debt: 90th highest
Credit, inquiries and past-due accounts in Tulsa
Among Credit Karma members in Tulsa, the average VantageScore 3.0 credit score was 658 and the median was 660, both of which are considered fair. The national average VantageScore 3.0 for Credit Karma members was 673, while the median was 682.
Tulsa members had an average of 4.3 inquiries on their credit reports, while the national average was 4.2.
Residents of Tulsa average 0.699 accounts that were 30 days past due. The national average is 0.74 accounts.
Methodology
To determine averages across categories of debt — including auto lease, auto loan, credit card, mortgage, student loan, medical and total debt — we analyzed the accounts of about 105,000 Credit Karma members living in Tulsa who had been active on the site within the last 36 months. Averages were based on information from members’ TransUnion credit reports from the 90 days previous to the data pull, which was on Aug. 17, 2022. For the purposes of this analysis, auto lease, auto loan, credit card, mortgage, medical and student loan debt is defined as any unpaid balances existing on members’ open accounts in aggregate at the time the data was pulled. All numbers in this report were rounded to the nearest whole.
Note that all data for this article were pulled on Aug. 17, 2022.