ECONOMIC INDICATORS
OKLAHOMA CITY RANKS #2 FOR BEST METRO FOR SMALL BUSINESSES NATIONWIDE Least Risky Metros for Small Businesses (2024)
PROPERTY CRIME RATE (PER 1,000 RESIDENTS)
CYBER CRIME RATE (PER 1,000 RESI- DENTS)
GDP GROWTH RATE
REGION- AL PRICE PARITY
CORPORATE TAX RATE
MINIMUM WAGE
RANK
METRO
1
RALEIGH-CARY, NC 1.6%
2.5%
98.38
$7.25
17.36
85.84
2
OKLAHOMA CITY, OK 0.9%
4.0%
91 .35
$7.25
30.77
34.32
3
SALT LAKE CITY, UT
1 .4%
4.9%
95.68
$7.25
66.32
41 .11
4
NASHVILLE, TN
0.9%
6.5%
96.58
$7.25
19.56
43.11
5
AUSTIN, TX
2.8%
0.0%
98.83
$7.25
36.24
201 .16
6
CHARLOTTE, NC-SC 0.8%
2.5%
96.89
$7.25
27.86
41 .17
7
LAS VEGAS, NV
-0.6%
0.0%
96.53
$11 .25
18.91
43.83
8
ATLANTA, GA
0.5%
5.8%
98.75
$7.25
22.49
23.02
9
KANSAS CITY, MO-KS 0.1%
4.0%
92.15
$7.25
48.35
25.41
DALLAS-FORT WORTH, TX
10
1 .3%
0.0% 103.52 $7.25
30.36
61 .31
SOURCE: FORBES ADVISOR, APRIL 2024
• OKC ranked #2 in the nation for least risky metro for small businesses by Forbes. • The report analyzed metrics focused on financial risk, safety risk, and workforce and customer risk for the 50 largest metro areas with available data. • OKC ranked ninth lowest in Forbes’ cybercrime metric, experiencing 34 crimes per 10,000 residents, which is lower than the study average of 82. • The state of Oklahoma experienced only $1.39 billion in retail crime costs in 2021, significantly less than the study average of $4.2 billion.
For comprehensive Economic Indicator and Regional Data, please visit your Greater Oklahoma City Chamber Economic Development Division at www.greateroklahomacity.com/economicindicators or contact Eric Long, Research Economist, at 405-297-8976; elong@okcchamber.com DID YOU KNOW? Get regional demographic data, consumer expenditure information, labor force data for the Greater Oklahoma City Region and more at greateroklahomacity.com.
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