2023 By the Numbers

All the data you need to know about the Greater Oklahoma City Region.

GR EAT E R OKLAHOMA CITY BY THE NUMBERS

TABLE OF CONTENTS

Location & Demographics.........4 Doing Business...........................12 Incentives.................................... 27 Talent & Workforce..................28 Living in OKC.............................36 How We Can Help.................40

2

Oklahoma City BY THE NUMBERS 2023

WHY GREATER OKLAHOMA CITY? Nowhere in the United States offers Greater Oklahoma City’s unique combination of livability, affordability and major-metro amenities. Our region’s pro-business climate will help your business thrive while our citizen’s continued investment into our quality of life has created a community where you can easily recruit and retain the workforce you need.

The list of reasons you should build your business in Greater Oklahoma City is growing almost as fast as the region’s population. We have a community where partnership among business, government and civic leaders has reinvented Greater Oklahoma City over the past two decades.

Let us introduce you to the thriving 10-county region that is Greater Oklahoma City: a place that has rediscovered its strengths and redefined itself for the future.

Oklahoma City BY THE NUMBERS 2023

3

LOCATION & DEMOGRAPHICS

Greater Oklahoma City’s location in the geographic center of the United States gives businesses located here a big advantage. It is equidistant from the east and west coasts and major trade partners of Canada and Mexico. All major trade hubs and more than 411 million residents are within 1,800 miles of Oklahoma City.

That means not only can you easily source materials and other inputs, but you can also get outputs to your customers profitably as well. Our region also has one of the fastest-growing populations in the country. Oklahoma City is currently the 20th largest city in the U.S. and the 42nd largest metropolitan area.

AREA

Greater Oklahoma City Region 7,978 square miles | 20,663 square km Oklahoma City MSA 5,581 square miles | 14,455 square km Oklahoma City 621 square miles | 1,608 square km Geographically, Oklahoma City is the third largest city in the U.S.

Source: U.S. Census Bureau

4

Oklahoma City AT A GLANCE 2023

THE GREATER OKLAHOMA CITY REGION

Stillwater

Hennessey

Yale

Cushing

Perkins

Langston

Crescent

Guthrie

Kingfisher

Chandler

Edmond

Luther

Jones

El Reno

Yukon

Oklahoma City

Harrah

Prague

Spencer

Choctaw Midwest City

McLoud

Union City

Mustang

Moore

Shawnee

Minco Tuttle

Bethel Acres

Pink

Norman

Tecumsah

Newcastle

Noble

Goldsby

Chickasha

Slaughterville

Lexington

Ninnekah

Rush Springs

<50,000 50,000 - 100,000 >100,000 POPULATION LEGEND

Source: U.S. Census, 2022

Oklahoma City BY THE NUMBERS 2023

5

OKC MSA POPULATION, 2010-2023

1,500,000

1,450,000

1,400,000

1,350,000

OKLAHOMA CITY MSA TOTAL POPULATION: 1,474,519

1,300,000

1,250,000

1,200,000

1,150,000

1,100,000

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Source: U.S. Census Bureau, Oklahoma City MSA

Population

The OKC MSA has grown 17% from 2010-2023, adding 217,000 residents.

6

Oklahoma City BY THE NUMBERS 2023

1940-1950 1950-1960 1960-1970 1970-1980 980-1991990-2000 2000-2010 2010-2020

usands)

72.0 17%

105.3

131.9

148.3 99.2 124.4 157.6

172.7

om Previous Decade

22%

22% 20% 11% 13% 14% 14%

1

OKLAHOMA CITY MSA POPULATION CHANGE #VALUE!

1960-1970

1970-1980

1980-1990

1990-2000 2000-

ds)

729.73

877.3

972.51

1098.13

22%

22%

172.7

20%

157.6

148.3

131.9

124.4

14%

17%

14%

13%

105.3

99.2

11%

72.0

1890 (1) 1960-1970

1900 (2)

1910

1920

1930

1940

1950

1960

1940-1950

1950-1960

15981 16388 1970-1980

1980-1990

1990-2000

2000-2010

2010-2020

7158 6605

23501 18843 30309 34779 31740 15659 85232

22288 19389 33943 33406

28115 24948 47638 33738

27329 27728 41116 29529

25644 41443 34872 22102

24727 47600 29590 18783 18662 12740

Growth (Thousands)

% Change from Previous Decade

* *

*

27007 26563

POPULATION TOTALS 27550 27761 25245 22170 19326 21575 19205 14681

12770

*

*

11742

25915

116307

221738

244159 414311

325352 486264

439506 591608

240063

272209

405513

2010

2020

2023

2028

OKC MSA

1,252,987

1,425,695

1,474,519

1,522,614

GREATER OKC

1,414,813

1,594,979

1,645,326

1,694,596

OKLAHOMA

3,751,351

3,959,353

4,022,510

4,077,925

USA

308,745,538 331,449,281

377,470,185 342,640,129 Source: U.S. Census; Esri Business Analyst

Oklahoma City BY THE NUMBERS 2023

7

RACE/ETHNICITY Race & Ethnicity

OKC MSA DEMOGRAPHICS

WHITE (62%)

BLACK OR AFRICAN (10%)

HISPANIC OR LATINO (16%)

ASIAN (4%)

TWO OR MORE RACES (13%)

AMERICAN INDIAN (4%)

26% Hispanic or Latino (16%) Two or More Races (13%) American Indian (4%) Black (10%)

25%

AGE

21%

22%

6%

0-19

20-34

35-54

55-74

75+

Oklahoma City MSA Population Pyramid by % Total

Under 5 years 5 to 9 years

3.1%

3.1%

3.6% 3.5% 3.5%

3.2%

10 to 14 years 15 to 19 years 20 to 24 years 25 to 29 years 30 to 34 years 35 to 39 years 40 to 44 years 45 to 49 years 50 to 54 years 55 to 59 years 60 to 64 years 65 to 69 years 70 to 74 years 75 to 79 years 80 to 84 years 85 years and over

3.5%

3.5%

3.6%

3.7%

3.6%

3.5%

3.5%

3.7% 3.7%

3.8%

3.2%

3.2%

2.9%

2.8%

2.8% 2.8%

2.8% 2.9%

2.9%

3.1%

2.3%

2.3%

2.%

2.5%

1.2%

1.5%

.6%

.8%

.5%

.9%

Male Female

8

Oklahoma City BY THE NUMBERS 2023

HOUSEHOLD INCOME

OKC MSA DEMOGRAPHICS

AVERAGE HOUSEHOLD SIZE 2.51 people

$0-$34,999

26.2%

$35,000-$74,999

30.9%

$75,000-$149,999

30.0%

MEDIAN HOUSEHOLD

$150,000+

13.0%

INCOME $62,953

Source: Esri Business Analyst 2023, 2020 U.S. Census

Source: Esri Business Analyst, 2020 OKC MSA

26.8% OKC’s median age is 37.1 years old which is a two full years younger than the nation (39.1). 21.9% 25.3% 21.6% AGE RACE/ETHNICITY White (63.7%) Asian (3.3%)

Black or African American (10%)

Hispanic or Latino (13.4%)

4.4%

Two or more races (5.7%)

Amerian Indian & Alaska Native (3.9%)

0-19

20-34

35-54

55-74

75+

EDUCATIONAL ATTAINMENT

EDUCATIONAL ATTAINMENT AGE 25 YEARS AND OLDER

EDUCATIONAL ATTAINMENT AGE 25 AND OLDER

Less than 9th Grade (3.7%)

PERCENT Associate’s Degree (9%) Bachelor’s Degree (23%) Graduate/Professional Degree (12%) GED/Alternative Credential (4.3%) GED/Alternative Credential (4%) Some College/No Degree (20%) 9-12th Grade/No Diploma (6.5%) Less than 9th Grade (3%) 9 -12th Grade/No Diploma (6%) High School Diploma (23%) High School Diploma (22.8%) Some College/No Degree (24%) Associate's Degree (7.7%) Bachelor's Degree (19.5%)

Source: U.S. Census; Esri Business Analyst 2023

AGE 0-19

COUNT

26.8% 21.9% 25.3%

374687 305385

20-34 35-54 55-74

354,038 301,567 61,710

Oklahoma City BY THE NUMBERS 2023 21.6%

9

4.4%

75+

TOTAL

1,397,387

CITY POPULATION

CITY

2010 TOTAL

2020 TOTAL

2010-2020 POPULATION 2022 TOTAL

POPULATION POPULATION

GROWTH

POPULATION

BETHANY

19,051

20,831

9.3%

20,447

CHICKASHA

16,036

16,051

0.1%

16,549

CHOCTAW

11,146

12,182

9.3%

12,218

DEL CITY

21,332

21,822

2.3%

21,388

EDMOND

81,405

94,428

16.0%

96,286

EL RENO

16,749

16,989

1.4%

18,560

GUTHRIE

10,191

10,749

5.5%

11,191

MIDWEST CITY

54,371

58,409

7.4%

57,950

MOORE

55,081

62,793

14.0%

63,223

MUSTANG

17,395

19,879

14.3%

22,322

NEWCASTLE

7,685

11,168

45.3%

13,055

NORMAN

110,925

128,026

15.4%

129,627

OKLAHOMA CITY 579,999

681,054

17.4%

694,800

SHAWNEE

29,857

31,377

5.1%

31,720

STILLWATER

45,688

48,394

5.9%

49,160

WARR ACRES

10,043

10,452

4.1%

10,371

YUKON

22,709

23,630

4.1%

25,556

Source: U.S. Census, 2022

10

Oklahoma City BY THE NUMBERS 2023

REGIONAL COUNTY POPULATION

COUNTY

2010 TOTAL POPULATION

2020 TOTAL POPULATION

2010-2020 POPULATION 2022 TOTAL

GROWTH

POPULATION

CANADIAN

115,541

154,405

33.6%

169,149

CLEVELAND

255,755

295,528

15.6%

299,587

GRADY

52,431

54,795

4.5%

56,658

KINGFISHER

15,034

15,184

1.0%

15,293

LINCOLN

34,273

33,458

-2.4%

34,188

LOGAN

41,848

49,555

18.4%

21,253

MCCLAIN

34,506

41,662

20.7%

45,306

OKLAHOMA

718,633

796,292

10.8%

802,559

PAYNE

77,350

81,646

5.6%

82,794

POTTAWATOMIE 69,442

72,454

4.3%

26,273

Source: U.S. Census, 2022

From 2010-2020, five counties from the Greater Oklahoma City Region were among the top 10 fastest growing counties in Oklahoma.

Photo credit: Andrew G

Oklahoma City BY THE NUMBERS 2023

11

DOING BUSINESS

Greater Oklahoma City offers you big advantages, with a strategic location, market access and the workforce you are looking for. All while providing some of the lowest business costs in the U.S. for a

major metro. There is a reason the Arizona State University Center for the Study of Economic Liberty named Oklahoma City the easiest place in North America to do Business.

Of the 41 metros larger than Oklahoma City nationwide, OKC is growing at a faster rate than 70% of them.

COST OF DOING BUSINESS 100 = U.S. AVERAGE

Kansas City Indianapolis Atlanta Albuquerque Charlotte San Antonio Oklahoma City

84.3

90.4 90.3

93 92.5

96.4

95

Phoenix Chicago Nashville Dallas Columbus Houston

97.5 96.9

99.6 102

101.5 102.2

Austin Denver

106.2

115.2

Source: Moody’s North American Business Cost Review, 2023

12 Oklahoma City AT A GLANCE 2022

BUSINESS CLIMATE

**Updated numbers / added data are in bold green text**

BUSINESS CLIMATE

Labor

Right-To-Work State % Employed Union Members in 2022 (MSA) % Employed Represented by a Union (MSA) State Labor Force (June 2023) Regional Labor Force (Greater OKC) (June 2023)

Yes 5.5% 7.1% 1,948,498 821,432 4% 4.75% 3.5-4.6% 11-12%

Taxes

Corporate Income Tax Rate Personal Income Tax Rate Sales Tax Rate (Avg. Local) Real Property Tax Range (County)

Canadian - 12.00% Cleveland - 12.00% Grady - 11.00% Kingfisher - 11.00% Lincoln - 11.00% Logan - 11.00% McClain - 11.00% Oklahoma - 11.00% Payne - 11.40% Pottawatomie - 11.29%

10-13.75%

Personal Property Tax Range (County)

Canadian - 12.00% Cleveland - 12.00% Grady - 11.00% Kingfisher - 11.00% Lincoln - 12.00% Logan - 10.00% McClain - 11.00% Oklahoma - 13.75% Payne - 11.40% Pottawatomie - 11.57%

Inventory exempt from tax for certain purposes; final destination must be outside Oklahoma and remain in state for less than 9 months

Inventory Tax

Labor-Intensive Manufacturer Effective Tax Rate (State)

New Firm Rank New Firm Rate New Firm Rank New Firm Rate

#1 Lowest 2.2%

Corporate Headquarters Effective Tax Rate (State)

# 2 Lowest 8.1%

Shared Services Center Effective Tax Rate (State)

New Firm Rank New Firm Rate

#2 Lowest

3.8%

Property Tax Collections Per Capita (State)

Rank Collections

#5 Lowest $883

Gasoline Taxes (Jan. 2022 Taxes in Cents per Gallon)

State Of Oklahoma U.S. Average

38.4 57.09

Costs

Cost of Doing Business Index (MSA) Cost of Living Index (Oklahoma City) Average Class A Office Lease Rate Average Marketwide Office Lease Rate Average Lease Rate - Industrial

84.0 84.9

$24.24 $19.29 $8.17

Residential Commercial Industrial All Sectors Average Annual Price of Electricity (State - May 2022 In Cents Per kWh)

10.15 12.42

9.76 6.91

Source: UnionStats, Lightcast, Oklahoma Department of Commerce, OK Tax Commission, County Assessors, Tax Foundation, American Petroleum Institue, Moody's, C2ER, CoStar 2023, Energy Information Administration Source: UnionStats, Lightcast, Oklahoma Department of Commerce, OK Tax Commission, County Assessors, Tax Foundation, American Petroleum Institue, Moody’s, C2ER, CoStar 2023, Energy Information Administration

Oklahoma City BY THE NUMBERS 2023

13

DOING BUSINESS

DOING BUSINESS DOING BUSINESS DOING BUSINESS

Strong Growth in Oklahoma City

Strong Growth in Oklahoma City Strong Growth in Oklahoma City DOING BUSINESS

STRONG GROWTH IN OKLAHOMA CITY

Population Growth 2010-2020

Population Growth 2010-2020 Population Growth 2010-2020 Population Growth 2010-2020 Population Growth (2010-2020)

GDP Growth (2010-2019) Strong Growth in Oklahoma City GDP Growth (2010-2019) GDP Growth (2010-2019) GDP Growth (2010-2019)

Job Growth (2010-2020) Job Growth (2010-2020)

GDP Growth (2010- 2020) GDP Growth (2010-2020) Population Growth 2010-2020

Job Growth (2010-2020) Job Growth (2010-2020) Job Growth (2010-2020)

14%

14%

14%

14%

31% Job Growth (2010-2020)

31%

31%

31%

10%

10%

10%

10%

9%

9%

9%

9%

24% 26% 14%

31

24%

24%

24%

10%

22%

22%

22%

22%

9%

19%

7%

7%

7%

7%

17%

5%

5%

5%

5%

6%

6%

6%

6%

7%

5%

6%

UNEMPLOYMENT RATE (2022)

Unemployment Rate (2020)

Unemployment Rate (2020) Unemployment Rate (2020) Unemployment Rate (2020)

2.8%

4.3%

4.3%

4.3%

4.3%

Oklahoma City MSA Oklahoma United States Source: U.S. Census, BEA, BLS

Unemployment Rate (2020)

4.3%

4.3%

4.3%

4.3%

4.3%

3.0%

6.1%

6.1%

6.1%

6.1%

4.3%

3.6%

14

Oklahoma City BY THE NUMBERS 2023

ECONOMIC DRIVERS The economy of the Greater Oklahoma City region is diverse. Aerospace makes up one of the fastest-growing sectors, employing more than 43,000 individuals and having experienced a 48% increase in goods & services output from 2015- 2020. A few of the key economic drivers include Government, Health Care, Retail Trade and Professional Services. Federal, state and local government account for approximately 20% of all jobs

primarily because of the presence of Tinker Air Force Base, the Federal Aviation Administration, tribal employment, and Oklahoma City is the state’s capital. The largest number of establishments are found within the professional services sector and the oil and gas sector remains a major contributor to GDP and wages.

Health Care and Social Assistance 88,304 jobs

Professional, Scientific, and Technical 40,822 jobs

Retail Trade 77,589 jobs

Government 133,867 jobs

Source: BLS QCEW 2022 (Greater Oklahoma City Region; Lightcast 2023.3)

Oklahoma City BY THE NUMBERS 2023

15

45,544 BUSINESS ESTABLISHMENTS IN OKLAHOMA CITY MSA

Professional, Scientific, and Technical Services

6,703 5,440 4,818 4,237 3,314 3,248 3,100 2,787 2,730 2,158 1,363 1,174 1,056

Health Care and Social Assistance

Retail Trade Construction

Accommodation and Food Services

Administrative and Support and Waste Management and Remediation Services

Finance and Insurance

Wholesale Trade

Other Services (except Public Administration)

Real Estate and Rental and Leasing

Manufacturing

Transportation and Warehousing

Mining, Quarrying, and Oil and Gas Extraction

Government Information

930 805 550 510 272 243 102

Arts, Entertainment, and Recreation

Educational Services

Agriculture, Forestry, Fishing and Hunting Management of Companies and Enterprises

Utilities

Source: BLS QCEW 2022 (Lightcast 2023.3)

16

Oklahoma City BY THE NUMBERS 2023

MAJOR EMPLOYERS

State of Oklahoma Tinker Air Force Base

Government

43,700 26,000 13,940 10,745 10,000 8,000 6,500 6,000

Military

Oklahoma State University - Stillwater Campus

Higher Education Higher Education

University of Oklahoma - Norman

INTEGRIS Health*

Health Care

Amazon

Warehouse & Distribution

Hobby Lobby Stores Inc*

Wholesale & Retail

Mercy Hospital*

Health Care Aerospace

FAA Mike Monroney Aeronautical Center University of Oklahoma Health Sciences Center

5,140 5,000 5,000 4,500 3,800 3,700 3,400 3,000 3,000 2,700 2,600 2,460 2,185 2,100 2,100 1,950 1,900 1,820 1,600 1,500 1,400 1,300 1,300 1,300 1,250 1,200 1,200 1,160 1,100 1,060 1,000 1,000

Higher Education

SSM Health Care of Oklahoma, Inc.*

Health Care Government Technology Aerospace Health Care Health Care

City of Oklahoma City

Paycom*

The Boeing Company OU Medical Center

Norman Regional Hospital

Midfirst Bank*

Finance

AT&T

Telecommunications

Love's Travel Stops & Country Stores*

Retail

Sonic Corp*

Wholesale & Retail

OGE Energy Corp*

Utility

Dell

Sales & Business Services

Oklahoma City Community College

Higher Education

BancFirst*

Finance

American Fidelity*

Finance/Insurance

UPS

Transportation

Devon Energy Corp*

Oil & Gas

Costco Member Service Center University of Central Oklahoma Chesapeake Energy Corp*

Customer Service Higher Education

Oil & Gas

Great Plains Coca-Cola Bottling Company

Beverage Distribution

INTEGRIS-Deaconess Hospital*

Health Care Oil & Gas Manufacturing Manufacturing Customer Service

Continental Resources* The Climate Control Group

Johnson Controls

Farmers Insurance Group Bank of Oklahoma Dolese Bros. Co.* Cox Communications Rose State College

Finance

Manufacturing

Telecommunications Higher Education

*Indicates headquarters in the MSA; employee counts subject to change. Numbers may include all branches. Source: The Greater Oklahoma City Chamber, 2023

17

TARGET INDUSTRIES AVIATION & AEROSPACE

The aerospace industry in Greater Oklahoma City is vibrant and thriving. When combining public and private employment, Oklahoma is one of the top 10 aerospace states in the United States. In fact, from 2015-2020, the number of aerospace companies located in the 10-county region has grown by an incredible 23% and employment has increased by 8%. Access to a ready-made workforce, central location, strong government partnerships, low business costs and incentives that cater to aerospace are just a handful of reasons industry leaders like Boeing, Pratt & Whitney, Kratos, Skydweller, Northrop Grumman and more are expanding rapidly in Greater Oklahoma City. Occupations Commonly Found in Aerospace

A strong federal presence with Tinker Air Force Base, home to the majority of MRO for the Air Force, and the FAA Mike Monroney Aeronautical Center, contribute to a sector that employs more than 43,250 in Greater Oklahoma City and produce an economic impact of $11.6 billion annually. Only about 25% of those employed at Tinker AFB are active military, which offers greater employment opportunities to the aerospace skilled workforce. Approximately, 94,000 veterans live in the OKC metro. Learn more about Greater Oklahoma City’s Aviation sector at www.greateroklahomacity.com/aviation .

Jobs in Greater OKC Median Hourly Earnings

Logisticians

2,728 4,134

$38.24 $48.28 $52.26 $47.52 $48.50 $39.56 $40.55 $28.03 $29.43 $28.07 $25.70 $17.82 $17.04 $24.32 $21.13

Software Developers Aerospace Engineers Electrical Engineers

815

888

Electronics Engineers, Except Computer

1,132

Industrial Engineers Mechanical Engineers Sheet Metal Workers

772 883

2,283 2,721 1,719

Aircraft Mechanics and Service Technicians

Industrial Machinery Mechanics Maintenance Workers, Machinery

873 672

Electrical, Electronic, and Electromechanical Assem- blers, Except Coil Winders, Tapers, and Finishers

Miscellaneous Assemblers and Fabricators

4,130 1,202 3,034

Machinists

Welders, Cutters, Solderers, and Brazers

Source: BLS, Occupational Employment Statistics via Lightcast, 2023.3

18

Oklahoma City BY THE NUMBERS 2023

ADVANCED MANUFACTURING In Greater Oklahoma City, there are nearly 1,400 advanced manufacturing businesses that employ more than 40,000 people. The region’s low tax rates and utility costs make it the ideal location for advanced manufacturing. Greater Oklahoma City is also situated in the middle of the I-35 Megalopolis, the fastest-growing region in the country. Not only is the region’s workforce large and growing, but it is also productive. Workers in the region are free to work in any company without paying union dues or fees, since

Oklahoma voters passed Right-to-Work in 2001. At the junction of three major interstates, I-35, I-40 and I-44, advanced manufacturers in Greater Oklahoma City can reach more than 178 million customers by truck the same day. Greater Oklahoma City is equidistant from both coasts and at the center of the I-35 NAFTA corridor. Learn more about advanced manufacturing in Oklahoma City at www.greateroklahomacity.com/ manufacturing .

Advanced Manufacturing Occupations

Jobs in Greater OKC Median Hourly Earnings

Sales Representatives, Wholesale and Manufacturing,

4,561 2,654

$24.81 $24.17 $16.90 $28.03 $28.07 $30.00 $17.82 $17.04 $24.32 $21.13 $22.33 $18.07 $20.17 $22.76 $15.32

Production, Planning, and Expediting Clerks Shipping, Receiving, and Inventory Clerks

4,119

Sheet Metal Workers

2,283 1,719 2,817

Industrial Machinery Mechanics

First-Line Supervisors of Production and Operating Workers Electrical, Electronic, and Electromechanical Assemblers

672

Miscellaneous Assemblers and Fabricators

4,130 1,202 3,034 1,850

Machinists

Welders, Cutters, Solderers, and Brazers

Inspectors, Testers, Sorters, Samplers, and Weighers Coating, Painting, and Spraying Machine Setters, Operators, and Tenders Computer Numerically Controlled Tool Operators

683

1,014

Heavy and Tractor-Trailer Truck Drivers

11,381 13,410

Laborers and Freight, Stock, and Material Movers, Hand Source: BLS, Occupational Employment Statistics via Light- cast, 2023.3

Source: BLS, Occupational Employment Statistics via Lightcast, 2023.3

Oklahoma City BY THE NUMBERS 2023

19

BIOTECH Ground-breaking discoveries made by Oklahoma City-based researchers have helped put Oklahoma City on the map as a contender in the bioscience and technology marketplace. Greater Oklahoma City’s broader bioscience companies (including Healthcare) boast a Gross Regional Product of $3.3 billion, employ more than 32,000 workers with total earnings of $2.5 billion. Last year, one of the most significant factors in this area’s biotech boom is the powerful symbiotic relationship between entrepreneurs, clinical researchers, academic investigators, and public and private investors. The region was recently awarded $35 million as part of the Build Back Better Regional Grant challenge to further develop this cluster.

Exciting progress continues in the Innovation District with Convergence, a public-private, mixed-use development at NE Eighth Street and Stiles. Convergence plans include a 230,000-square-foot, eight-story office building with 50,000 square feet of research labs. Oklahoma City biotech diagnostic firm Wheeler Labs will be the anchor tenant. BISNOW recently ranked Oklahoma City as one of five emerging hubs for life science development. Learn more at www.greateroklahomacity.com/bio .

Biotech Occupations Software Developers

Jobs in Greater OKC Median Hourly Earnings

4,134

$48.28 $28.03 $36.02 $35.84 $38.35 $34.07 $18.68 $22.60 $23.99 $38.25 $17.82 $17.04 $20.03 $16.39

Calibration Technologists and Technicians

44

Engineering Technologists and Technicians, Except Drafters, All Other

485

Microbiologists

50

Medical Scientists, Except Epidemiologists

335 209 383 183

Chemists

Biological Technicians Chemical Technicians

Clinical Laboratory Technologists and Technicians

2,936

Diagnostic Medical Sonographers

509 672

Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers

Miscellaneous Assemblers and Fabricators Chemical Equipment Operators and Tenders

4,130

188 383

Mixing and Blending Machine Setters, Operators, and Ten- ders Inspectors, Testers, Sorters, Samplers, and Weighers Packaging and Filling Machine Operators and Tenders

1,850

$22.33 $14.61

885

Source: BLS, Occupational Employment Statistics via Lightcast, 2023.3

20

Oklahoma City BY THE NUMBERS 2023

LOGISTICS & DISTRIBUTION There’s a reason the Greater Oklahoma City region is such a great place for Logistics: location. Greater Oklahoma City is located in the geographic center of North America, the United States and the growing south-central region. Oklahoma City sits at the junction of three of the nation’s major interstates (I-35, I-40 and I-44) and is equidistant from the east and west coasts and major trade partners of Canada and Mexico. All major trade hubs and more than 411 million residents are within 1,800 miles of Oklahoma City. From Oklahoma City, companies have access to

more than 4 million people within a 2.5-hour drive and the majority of the U.S. can be reached within a two-day trucking distance. Greater Oklahoma City is also home to Will Rogers World Airport - Foreign Trade Zone (FTZ) 106. Companies located here have access to two Class 1 railways, close proximity to two inland ports and the port of Houston is within 500 miles. Learn more at www.greateroklahomacity.com/logistics .

Logistics & Distribution Occupations

Jobs in Greater OKC Median Hourly Earnings

Buyers and Purchasing Agents Customer Service Representatives

2,442 15,900 1,662 2,654 4,119 1,737 1,268 1,719 3,036 11,381 5,081 4,925 13,410

$30.18 $17.24 $19.54 $24.17 $16.90 $23.38 $23.57 $28.07 $27.92 $22.76 $18.23 $18.59 $15.32

Order Clerks

Production, Planning, and Expediting Clerks Shipping, Receiving, and Inventory Clerks

Bus and Truck Mechanics and Diesel Engine Specialists Mobile Heavy Equipment Mechanics, Except Engines

Industrial Machinery Mechanics

First-Line Supervisors of Transportation and Material Moving Workers

Heavy and Tractor-Trailer Truck Drivers

Light Truck Drivers

Industrial Truck and Tractor Operators

Laborers and Freight, Stock, and Material Movers, Hand

Packers and Packagers, Hand Stockers and Order Fillers

950

$14.16 $15.28

15,355

Source: BLS, Occupational Employment Statistics via Lightcast, 2023.3

Oklahoma City BY THE NUMBERS 2023

21

BACK-OFFICE / SHARED SERVICES Greater Oklahoma City has proven for decades that its world-class business climate, reliable workforce and diverse real estate options give companies located here an edge against their competition. Locating in Greater Oklahoma City means working shoulder to shoulder with peers who are at the forefront of their industry.

Here is just a small list of companies who are either headquartered or have a regional headquarter/ shared services operations in Oklahoma City: FAA, AT&T, Dell EMC, Hertz, Cox, Costco, Farmers, Sprint, Southwest Airlines, AAA, CACI, Signify Health, T-Mobile, Heartland Payment Systems, TTEC, Hobby Lobby, OG&E, Devon, Paycom, Sonic, Midfirst Bank, Love’s, BancFirst, American Fidelity, Continental Resources and Dolese Bros. Learn more about shared services in Greater Oklahoma City at www.greateroklahomacity.com/sharedservices .

Back-Office / Shared Services Occupations

Jobs in Greater OKC Median Hourly Earnings

General and Operations Managers

17,955 2,663 4,185 3,261 3,192 7,888 1,652 3,696

$37.44 $57.52 $27.88 $39.95 $27.07 $34.76 $40.46 $24.54 $48.28 $34.43 $21.96

Financial Managers

Human Resources Specialists

Management Analysts

Market Research Analysts and Marketing Specialists

Accountants and Auditors Computer Systems Analysts

Computer User Support Specialists

Software Developers

4,134

Data Scientists

968

Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel First-Line Supervisors of Office and Administrative Support Workers

5,883

9,487

$28.45

Bookkeeping, Accounting, and Auditing Clerks

9,153

$20.47 $17.24 $15.65

Customer Service Representatives

15,900 11,904

Office Clerks, General

Source: BLS, Occupational Employment Statistics via Lightcast, 2023.3

22

Oklahoma City BY THE NUMBERS 2023

TRANSPORTATION

4,335,573 people within ~2.5‐hour drive time (150 mile | 241km radius)

2‐day trucking distance (1,200 mile | 1,931 km radius)

72,651,296 people within 2‐hour flight (600 mile | 966 km radius)

Oklahoma City BY THE NUMBERS 2023

23

NONSTOP AIR SERVICE

Seattle

New York

Chicago

Salt Lake City

Las Vegas

Denver

Washington D.C.

Los Angeles

St. Louis

Nashville

Charlotte

OKC

Phoenix

Atlanta

Dallas/ Ft. Worth

Destin

Austin

Orlando

San Antonio

Houston

Tampa

Miami

NON-STOP SERVICE Atlanta....................................................................... Delta Austin........................American Airlines, Southwest Charlotte ........................................................................ American Chicago Midway..........................................Southwest Chicago O’Hare..............................American, United Dallas/Ft. Worth............................................American Denver............................Frontier, Southwest, United Destin................................................................ Allegiant* Houston/Hobby.......................................... Southwest Houston/Intercontinental................................ United Las Vegas...................................Allegiant, Southwest Los Angeles................................Allegiant, American Miami................................................................. American

Minneapolis.............................................................. Delta Nashville........................................................ Southwest New York LaGuardia.......................American, Delta Orlando..........................................Frontier, Southwest Orlando Sanford............................................Allegiant* Phoenix......................................American, Southwest Salt Lake City..........................................................Delta San Antonio..................................................Southwest Seattle..................................................................... Alaska St. Louis..........................................................Southwest Tampa..............................................Breeze, Southwest Washington (DCA, Reagan).American, Southwest

All flights are subject to change without notice. * Seasonal Service Source: FlyOKC.com

24

Oklahoma City BY THE NUMBERS 2023

AIR Will Rogers World Airport (OKC) is located 20 minutes from downtown Oklahoma City. The airport has eight airlines, 40 from downtown Oklahoma City. The airport has eight airlines that service 22 destinations. nonstop flights, and about 85 total daily departures. The region also has Stillwater Regional Airport (SWO) and two reliever airports: Wiley Post and Max Westheimer and general The region also has Stillwater Regional Airport (SWO) and two reliever airports, Wiley Post and Max Westheimer, and two general aviation airports, Clarence E. Page and the Shawnee Regional Airport. aviation airports: Clarence E. Page and the Shawnee Regional Airport. AIR Will Rogers World Airport (OKC) is located 20 minutes

RAIL BNSF and Union Pacific Railway provide Class I rail transportation in the Greater Oklahoma City region, with more than 4,000 miles of track City region, with more than 4,000 miles of track connecting Oklahoma communities with other U.S. cities, markets, and ports. connecting Oklahoma communities with other U.S. cities, markets, and ports. Amtrak service is provided via the Heartland Flyer, which makes daily runs to Fort Worth, Texas. provided via the Heartland Flyer, with daily roundtrips to Fort Worth. RAIL BNSF and Union Pacific Railway provide Class I rail transportation in the Greater Oklahoma Amtrak passanger rail service is

TRANSIT Oklahoma City offers a variety of public transportation options throughout the city center: • OKC Streetcar • EMBARK Bus • Edmond CityLink Bus • Rideshares • Spokies Bike Share • Electrical Scooters Rideshares •OKC Streetcar • EMBARK Bus • Edmond CityLink Bus • Rideshares • Spokies Bike Share • Electric Scooters TRANSIT Oklahoma City offers a variety of public transportation options throughout the city center:

PORT Port of Catoosa is located 2 hours from Oklahoma City. It is one of the largest, most inland- river port, which utilizes the 25,000- mile inland river system. The nearest international port is Port of Houston, which is about 500 miles away. PORT Port of Catoosa is located 2 hours from Oklahoma City. It is one of the largest, most inland river ports, which utilizes the 25,000- mile inland river system. The nearest international port is Port of Houston, which is about 500 miles away.

ROAD The region is home to four interstates. Oklahoma City is at the crossroads of I- 35, I-40, and I-44 and is supported by I-240. ROAD The region is home to fives interstates. Oklahoma City is at the crossroads of I-35, I-40, and I-44 and is supported by I-240 and I-235. Freight carriers and truck transportation run efficiently on more than 2,400 miles of highways and interstates with minimal congestion. run efficiently on more than 2,400 miles of highways and interstates with minimal congestion. Freight carriers and truck transportation

Oklahoma City BY THE NUMBERS 2023

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INTERNATIONAL TRADE IN OKLAHOMA OKLAHOMA’S TOP EXPORT COUNTRIES

Country

2022 Exports 1-Year Growth 10-Year Growth Share of Total Trade

Canada Mexico Germany

$1,953,724,505 $795,357,592 $577,031,439 $411,474,991 $302,349,987 $274,025,197 $265,581,500 $257,721,787 $178,230,264 $172,681,187 $1,606,895,021

23%

-2% 28%

29% 12%

7%

-11% 87%

178%

9% 6% 4% 4% 4% 4% 3% 3%

China

24%

Netherlands Singapore

4% 6%

162%

19%

Japan

-13% -11% -51%

-39%

South Africa South Korea

1143% 133%

Australia All Other

-2% -1%

-1%

-32%

24%

OKLAHOMA’S TOP EXPORT CATEGORIES TOP OKLAHOMA EXPORTS

Source: U.S. Census Bureau Foreign Trade Division data, 2022

FOREIGN TRADE ZONES Foreign-trade zones are designated sites licensed by the FTZ Board at which special customs procedures may be used. These procedures allow domestic activity involving foreign items to take place prior to formal customs entry. These zones offer significant cost and time savings for companies. FTZ 106 - The Oklahoma City Port Authority operates Foreign-Trade Zone #106 under the grant of authority from the United States Foreign-Trade Zone Board to promote economic development throughout the Greater Oklahoma City. FTZ #106 serves a 22-county region in Central Oklahoma. There are four FTZs in Oklahoma.

Source: ForeignTradeZone106.org, International Trade Administration

26

Oklahoma City BY THE NUMBERS 2023

Companies locating or expanding in Greater Oklahoma City have access to a variety of world-class local and state incentives that help foster growth and ensure success in our community. Our region has continually invested its resources in fostering a healthy and robust business climate. You can get more in-depth info about these various programs at www.greateroklahomacity.com/incentives or www.okcommerce.gov/incentives . INCENTIVES

STATE INCENTIVES INCENTIVES FOR QUALITY JOBS

TAX EXEMPTIONS Companies in manufacturing, R&D, warehouse & distribution, certain computer/data processing services, refinery and aircraft repair could be exempt from ad valorem taxes for 5 years. Additionally, manufacturers could be exempt from paying sales tax on the purchases of machinery and equipment, energy and tangible personal property used in the design, development and the manufacturing operation at the manufacturing site. OTHER ASSISTANCE PROGRAMS Opportunity Zones, New Market Tax Credits, Foreign Trade Zones, Export Assistance, Freeport Inventory Benefits, Infrastructure Grants, American Indian

Companies could receive a cash rebate in the form of quarterly cash payments for a number of years depending on the quantity of jobs created and the average annual wages. INCENTIVES FOR INVESTMENT Manufacturers could receive a tax credit for significant investments in depreciable property or in the addition of full-time employees engaged in manufacturing, processing or aircraft maintenance. INCENTIVES FOR EXPANDING OKLAHOMA COMPANIES Local companies that are expanding and creating new jobs and making

significant investments in facilities, machinery and equipment, may be eligible for incentive dollars. INCENTIVES FOR WORKFORCE Aerospace or automotive companies that hire engineers could receive a tax

Lands Tax Credit and Industrial Access Road Assistance. LOCAL INCENTIVES The City of Oklahoma City’s Strategic Investment Program (SIP) is a deal-closing

fund that provides companies with a cash award based on the quantity and quality of newly created jobs and capital investment made within the city limits. The company must hire a minimum of 50 employees, produce an annual payroll of 1.75 million and exceed specific average wage thresholds. Additionally, other communities in the region offer different local incentives such as TIF districts, build- to-suit programs, property specific incentives and more. The Greater Oklahoma City Chamber can connect you to local community incentives and resources.

credit based upon the compensation paid to the engineer. Additionally, the individual engineer hired could receive a tax credit. A cybersecurity or software employee could also receive a tax credit. Incentive dollars are also available to support the workforce recruitment process and customized training needs of qualifying new and expanding Oklahoma companies.

Oklahoma City BY THE NUMBERS 2023

27

TALENT AND WORKFORCE

Source: Lightcast 2023.3; 10-County Greater Oklahoma City region GREATER OKLAHOMA CITY TOTAL LABOR FORCE: 801,670

Greater Oklahoma City’s best asset is undoubtedly its workforce. With more than 800,000 workers and nearly 215,000 attending area colleges, universities and technical schools, the region can fulfill the needs of your company. While our workers are ready for the challenges of today, our significant education and training infrastructure ensure your Greater Oklahoma City workforce will be ready for the challenges of tomorrow. In fact, the

area boasts one of the country’s most sophisticated and best-ranked CareerTech training programs, delivering free, high-quality, customized training to qualifying new and expanding companies. The Greater Oklahoma City region is home to 19 colleges and universities. Nine technology centers deliver high-quality, customized training to both new and expanding companies.

EMPLOYMENT BY INDUSTRY - OKLAHOMA CITY MSA SERVICE-PROVIDING 85% GOODS-PRODUCING 15% SUPER-SECTORS TRADE, TRANSPORTATION, AND UTILITIES 125,992 20% GOVERNMENT 114,204 18% EDUCATION AND HEALTH SERVICES 92,276 15% PROFESSIONAL AND BUSINESS SERVICES 90,584 14% LEISURE AND HOSPITALITY 75,428 12% FINANCIAL ACTIVITIES 35,000 6% MANUFACTURING 34,858 5% CONSTRUCTION 32,454 5% OTHER SERVICES 15,986 3% NATURAL RESOURCES AND MINING 12,576 2% INFORMATION 5,834 1% Source: BLS QCEW 2022; Oklahoma City MSA

28 Oklahoma City AT A GLANCE 2022

REGIONAL COMMUTER PATTERNS The 10-county Oklahoma City region functions as a single labor shed, where 50 miles is equivalent to 50 minutes, which gives you access to a much larger labor pool. The average commute time in the region is 21 minutes. This map shows the 10-county Partnership region and the commuting pattern between each county. The number listed within the county boundary is the percentage of residents who stay in their home county to work. The lines between counties show the percentage of residents who travel to other counties to work. For the purpose of clarity, only commuter flows of 5 percent and above are pictured below.

PAYNE 73%

KINGFISHER 58%

LOGAN 20%

17%

11%

27%

65%

6%

LINCOLN 32%

CANADIAN 23%

OKLAHOMA 86%

35%

67%

6%

6%

12%

7%

6%

33%

40%

54%

POTTAWATOMIE 51%

43%

CLEVELAND 39%

10%

7%

GRADY 35%

24%

MCCLAIN 23%

5%

Source: LEHD, 2020

From To Canadian Cleveland Grady Kingfisher Lincoln Logan McClain Oklahoma Payne Pottawatomie Outside of region Canadian 14,030 3,664 547 577 118 290 361 41,094 381 489 7,150 Cleveland 2,432 39,479 588 203 172 251 2,137 54,567 625 1,288 12,299 Grady 1,113 1,846 6,257 130 55 88 954 7,171 145 209 4,010 Kingfisher 320 123 52 3,003 15 83 28 1,362 109 42 1,613 Lincoln 218 547 57 36 3,134 83 57 3,496 1,035 1,217 2,108 Logan 459 775 78 256 87 3,475 82 11,214 633 148 2,564 McClain 468 3,283 405 69 30 52 3,158 5,870 104 157 2,880 Oklahoma 9,735 20,970 1,045 645 617 2,095 1,413 248,662 1,982 2,314 29,666 Payne 371 743 90 112 402 295 88 3,966 17,502 310 9,161 Pottawatomie 444 1,621 102 73 543 90 204 7,422 430 11,318 4,574 Outside of Region 5,438 12,962 3,283 1,838 1,780 1,211 2,582 64,340 9,929 4,688

Oklahoma City BY THE NUMBERS 2023

29

HOURLY WAGES FOR SELECT OCCUPATIONS, OKC MSA Position Entry Wage

Median Wage

Accountants and Auditors

$21.81 $23.78 $13.65 $36.74 $17.48 $15.88 $9.89 $11.31 $33.28 $18.19 $30.06 $16.12 $17.24 $29.83 $13.25 $11.68 $28.73 $14.59

$35.05 $29.42 $20.68 $59.73 $40.34 $24.63 $17.34 $17.40 $47.52 $28.17 $39.40 $18.57 $24.64 $40.13

Aircraft Mechanics and Service Technicians Bookkeeping, Accounting, and Auditing Clerks Computer and Information Systems Managers

Computer Systems Analysts

Computer User Support Specialists

Construction Laborers

Customer Service Representatives

Electrical Engineers

Human Resources Specialists

Industrial Engineers

Industrial Truck and Tractor Operators

Machinists

Mechanical Engineers

Miscellaneous Assemblers and Fabricators Secretaries and Administrative Assistants

$17.11

$18.00 $48.63 $17.52

Software Developers

Telemarketers

Oklahoma City MSA, all occupations

$27.37 Source: Lightcast, 2023.3; BLS Occupational Employment & Wage Statistics; Entry Wage is Lowest 10th Percentile

30

Oklahoma City BY THE NUMBERS 2023

TALENT PIPELINE

More than 215,000 students attend Greater Oklahoma City region colleges, universities, and technical schools.

Five years after graduation, 2 out of every 3 of graduates from Oklahoma universities can be found working in Oklahoma.

One year after graduation, 3 out of 4 graduates from Oklahoma universities can be found working in Oklahoma.

23,833 degrees awarded to graduates of Greater Oklahoma City region colleges and universities in 2022. Nearly 110,000 degrees were awarded over the past five years.

GREATER OKLAHOMA CITY REGION COLLEGES & UNIVERSITIES Institution 2021-2022 Enrollment Type University of Oklahoma 30,254 State, four-year OU Health Sciences Center 3,456 State, four-year OU College of Law 1,326 State, four-year Oklahoma State University 26,802 State, four-year OSU - Oklahoma City 6,388 State, two-year OSU School of Veterinary Medicine 474 State, four-year Oklahoma City Community College 16,341 State, two-year University of Central Oklahoma 15,367 State, four-year Rose State College 8,907 State, two-year Redlands Community College 2,365 State, two-year Oklahoma City University 2,912 Private, four-year Langston University 2,180 State, four-year Mid-America Christian University 2,576 Private, four-year Oklahoma Christian University 2,808 Private, four-year Southern Nazarene University* 2,159 Private, four-year Oklahoma Baptist University 1,560 Private, four-year University of Science & Arts of Oklahoma 979 State, four-year Southwestern Christian University* 482 Private, four-year Randall University 332 Private, four-year Total Enrollment 127,668 Total includes 2021-2022 full academic year (fall, spring, summer) enrollment; *Fall 2021 enrollment used when complete info is not available. Source: Oklahoma State Regents for Higher Education

Oklahoma City BY THE NUMBERS 2023

31

Oklahoma City BY THE NUMBERS 2023 GREATER OKLAHOMA CITY REGION COLLEGES & UNIVERSITIES DEGREE COMPLETION AND ENROLLMENT Program of Study Enrollment Degrees 5 Year 2021-22 2021-22 Cumulative Degrees AGRICULTURAL/ANIMAL/PLANT/VETERINARY SCIENCE AND RELATED FIELDS. 2,847 758 3,779 ARCHITECTURE AND RELATED SERVICES. 590 106 450 AREA, ETHNIC, CULTURAL, GENDER, AND GROUP STUDIES. 99 25 146 BASIC SKILLS AND DEVELOPMENTAL/REMEDIAL EDUCATION. 21 3 7 BIOLOGICAL AND BIOMEDICAL SCIENCES. 6,257 1,135 5,295 BUSINESS, MANAGEMENT, MARKETING, AND RELATED SUPPORT SERVICES. 19,498 4,664 23,240 COMMUNICATION, JOURNALISM, AND RELATED PROGRAMS. 3,211 785 4,111 COMMUNICATIONS TECHNOLOGIES/TECHNICIANS AND SUPPORT SERVICES. 88 26 130 COMPUTER AND INFORMATION SCIENCES AND SUPPORT SERVICES. 3,924 610 3,260 CONSTRUCTION TRADES. 77 4 41 CULINARY, ENTERTAINMENT, AND PERSONAL SERVICES. 205 20 95 EDUCATION. 6,273 1,316 6,970 ENGINEERING. 7,801 1,745 9,231 ENGINEERING/ENGINEERING-RELATED TECHNOLOGIES/TECHNICIANS. 1,692 187 1,498 ENGLISH LANGUAGE AND LITERATURE/LETTERS. 790 167 1,026 FAMILY AND CONSUMER SCIENCES/HUMAN SCIENCES. 1,780 416 2,569 FOREIGN LANGUAGES, LITERATURES, AND LINGUISTICS. 465 130 775 HEALTH PROFESSIONS AND RELATED PROGRAMS. 15,706 2,841 15,023 HISTORY. 1,063 152 809 HOMELAND SECURITY, LAW ENFORCEMENT, FIREFIGHTING AND RELATED PROTECTIVE SERVICES. 2,327 612 3,013 LEGAL PROFESSIONS AND STUDIES. 1,868 610 2,557 LIBERAL ARTS AND SCIENCES, GENERAL STUDIES AND HUMANITIES. 15,392 1,931 10,215 LIBRARY SCIENCE. 231 71 392 MATHEMATICS AND STATISTICS. 765 163 940 MECHANIC AND REPAIR TECHNOLOGIES/TECHNICIANS. 140 41 228 MULTI/INTERDISCIPLINARY STUDIES. 2,680 743 4,676 NATURAL RESOURCES AND CONSERVATION. 495 141 552 PARKS, RECREATION, LEISURE, FITNESS, AND KINESIOLOGY. 2,658 468 2,143 PHILOSOPHY AND RELIGIOUS STUDIES. 265 66 409 PHYSICAL SCIENCES. 2,245 389 1,866 PSYCHOLOGY. 5,890 1,139 4,986 PUBLIC ADMINISTRATION AND SOCIAL SERVICE PROFESSIONS. 1,499 385 1,712 SCIENCE TECHNOLOGIES/TECHNICIANS. 67 11 72 SOCIAL SCIENCES. 3,274 807 4,293 THEOLOGY AND RELIGIOUS VOCATIONS. 435 84 482 TRANSPORTATION AND MATERIALS MOVING. 806 181 737 UNKNOWN OR NOT DECLARED 36 3 85 VISUAL AND PERFORMING ARTS. 4,900 898 4,773 TOTAL 118,360 23,833 122,586 Source: Oklahoma State Regents for Higher Education

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