June 1, 2012 in Complete Streets
TULSA – Seven out of 10 Tulsans spend more than 45% of their income on transportation and housing combined, according to a study by the Indian Nations Council of Governments (INCOG). If you’re looking for ways to get that number down (who isn’t?), you might be interested in an article in the June edition of Tulsa People on the progression toward more transportation options in our city.Written by INCOG’s Transportation Projects Coordinator James Wagner, the essay touches on what’s being done to improve bus service, how the city is working toward Complete Streets, and the long-time-in-coming-hopefully-sometime-soon addition of city-installed bike racks around the city.
Back to that statistic on the portion of income Tulsans spend on transportation and housing, Wagner explains the impact transportation costs have on families in the Tulsa area:
The Department of Housing and Urban Development is using this new measure of housing plus transportation cost to determine the relative economic impact of the “drive till you qualify” phenomenon, in which would-be homeowners ventured farther into the suburbs to find houses they could afford, only to pay higher transportation costs.
HUD noticed that transportation costs often outweighed the cost of similar housing closer to work, resulting in a net loss for families trying to keep their housing costs low.
More transportation options in Tulsa can help families save money. A city focused solely on the automobile — a mode of transportation that, per vehicle, can cost as much as $8,000 – $10,000 per year to own and operate — is not serving the needs of families who are looking for ways to reduce that 45% statistic. Better transportation options will provide Tulsa families the opportunity to choose the right mode of transportation to fit their budget.