90% of participants have stayed in the Sooner State longer than the allotted year.
The median rent for all properties in Tulsa is $1,274—39% below the national median. The median home price is $210,000, well below the national median of $388,310.
Participants also were more likely to report local community engagement, which Choudhury chalks up to their ability to “have more time to do almost everything,” because they spend less time commuting.
According to the think tank Economic Innovation Group, one new full-time job was created in Tulsa for every two Remoters who moved there. Plus, EIG wrote, every dollar invested in the program creates $13 in local economic activity. Daniel Newman, an EIG analyst, told HBR the program is a “highly cost-effective intervention.”
Even after accounting for their new cost of living, Tulsa Remote participants have higher real incomes than they did before the move with no perceived loss in productivity, Prithwiraj Choudhury, a Harvard Business School professor who studies remote work, found in a new study.
“So far, we have only seen a few members have to leave Tulsa because of a call back to the office,” program managing director Justin Harlan told Fortune in August. “One member we have spoken to, an employee of IBM, has said if called back he would quit before leaving Tulsa.”
