BUSINESS CLIMATE
Labor
Right-To-Work State % Employed Union Members in 2024 (MSA) % Employed Represented by a Union (MSA) State Labor Force (April 2025) Regional Labor Force (Greater OKC) (April 2025)
Yes 6.2% 6.9% 1,997,251 840,624 4% 4.75% 3.75-4.6% 11-12%
Taxes
Corporate Income Tax Rate Personal Income Tax Rate Sales Tax Rate Range (Cities over 10K) Real Property Tax Range (County)
Canadian - 12.00% Cleveland - 12.00% Grady - 11.00% Kingfisher - 11.00% Logan - 11.00% McClain - 11.00% Oklahoma - 11.00% Payne - 11.40%
Lincoln - 11.00% Pottawatomie - 12%
10-14%
Personal Property Tax Range (County)
Canadian - 12.00% Cleveland - 12.00% Grady - 11.00% Kingfisher - 11.00% Logan - 10.00% McClain - 11.00% Oklahoma - 13.75% Payne - 11.40%
Lincoln - 12.00% Pottawatomie - 14%
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)
#1 Lowest 2.2%
New Firm Rank New Firm Rate New Firm Rank New Firm Rate
Corporate Headquarters Effective Tax Rate (State)
# 2 Lowest 8.1%
Shared Services Center Effective Tax Rate (State)
#2 Lowest
New Firm Rank New Firm Rate
3.8%
Property Tax Collections Per Capita (State 2025)
Rank Collections
#5 Lowest $5,038
Gasoline Taxes (Jan. 2024 Taxes in Cents per Gallon)
State Of Oklahoma Excise Tax U.S. State Excise Tax Average Unemployment Tax (State 2025)
20 32
Conditional Factor "D" and State Factor of "50%"
Rate for Newly Established Employers Range of Rates Taxable Wage Base Maximum Weekly Benefit Maximum Benefit Amount Maximum Benefit Wage Charge
1.50% 0.3% to 9.2% $28,200 $541 $8,656 $25,968
Workers' Compensation Insurance
Average Employer Cost: $1.41 per $100 of payroll
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
82.2 86.9
$24.12 $20.08 $8.47
Residential Commercial Industrial All Sectors Average Price of Electricity (State - March 2025 In Cents Per kWh)
8.37 5.25 8.12 12.37
Source: UnionStats, Lightcast, Oklahoma Department of Commerce, OK Tax Commission, County Assessors, Tax Foundation, American Petroleum Institue, Moody’s, C2ER, CoStar 2025, Energy Information Administration, OESC, Rich States, Poor States- Oregon Departmnet of Consumer and Business Services (2025)
Oklahoma City BY THE NUMBERS 2025
13
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