The second largest source of revenue is personal income tax payments to state government of approximately $175 million, or more 40% of total taxes generated. Personal income taxes represent approximately 4.4% of the estimated $3.96 billion in total annual labor income earned directly by workers in the aerospace industry. Motor vehicle taxes received by the state total an estimated $12.8 million, or 3% of total taxes generated by the sector. Real and personal property taxes to local government total an estimated $19.8 million in 2025. Corporate income tax is the smallest source of added tax revenue and generates an estimated $8.9 million in 2025.
IX. Appendix: Research Framework
Aerospace Industry Survey Methodology The methodology used in compiling the firm-level database and aerospace industry profile for the OKC region is as follows: Definition of Aerospace. In broadest terms, the aerospace industry comprises various forms of manmade air and space flight, along with the associated areas of manufacturing, maintenance and repair, research and development, engineering, consulting, logistics, and other activities underlying air and space travel. 27 The aviation sector is considered a subset of aerospace, referring only to the production, maintenance, development, and application of vehicles capable of atmospheric flight. For convenience, aviation is often divided into civil and military aviation, with civil aviation further subdivided into commercial and general aviation. Throughout the report, aerospace is used to denote all aspects of the industry, including the aviation sector. Study Region. A comprehensive industry profile is developed for the 10-county Greater Oklahoma City region. The region is defined as a contiguous area in central Oklahoma that includes Canadian, Cleveland, Grady, Kingfisher, Lincoln, Logan, McClain, Oklahoma, Payne, and Pottawatomie counties. 28 Oklahoma County is roughly the geographic center of both the region and the state and represents the core of the industry. The region stretches from McClain County in the south to Payne County in the north. The region includes the seven component counties of the Oklahoma City Metropolitan Statistical Area (MSA) plus Kingfisher County to the northwest, 27 The U.S. Dept. of Defense (DoD) defines aerospace as of, or pertaining to, Earth’s envelope of atmosphere and the space above it; two separate entities considered as a single realm for activity in launching, guidance, and control of vehicles that will travel in both entities. See the DoD Dictionary of Military Terms, U.S. Department of Defense: http://www.dtic.mil/doctrine/dod_dictionary/. 28 Kingfisher, Payne, and Pottawatomie Counties are not component counties of the Oklahoma City Metropolitan Statistical Area (MSA) as defined by the Census Bureau.
Greater OKC Region Aerospace and Aviation - 2025
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