ECONOMIC INDICATORS
OKLAHOMA HIGHER EDUCATION ENROLLMENT ENJOYS 4TH HIGHEST INCREASE IN THE NATION Fall 2024 Enrollment Changes by State: Undergraduate Students
Property Tax Burden (per $1,000 of personal income)
Top Marginal Corporate Income Tax Rate
Top Marginal Personal Income Tax Rate
Sales Tax Burden (per $1,000 of personal income)
Average Workers’ Compensation Costs (per $100 of payroll)
Overall Rank
State
2.56% Rank: 5 4.00% Rank: 7 4.55% Rank: 9 6.50% Rank: 25 4.58% Rank: 10 5.90% Rank: 20
0.00% Rank: 1 4.75% Rank: 19 4.40% Rank: 14 5.70% Rank: 24 5.80% Rank: 27 5.90% Rank: 30
$38.38 Rank: 43 $17.42 Rank: 4 $30.33 Rank: 32 $31.32 Rank: 35 $24.49 Rank: 16 $18.95 Rank: 6
$26.37 Rank: 36 $27.02 Rank: 37 $22.72 Rank: 26 $28.62 Rank: 40 $22.88 Rank: 27 $42.22 Rank: 50
$0.88 Rank: 9 $1.41 Rank: 34 $0.93 Rank: 10 $1.02 Rank: 16 $1.54 Rank: 38 $1.27 Rank: 24
6
Texas
9
Oklahoma
17
Colorado
27
Kansas
29
Missouri
38
New Mexico
Source: Alec-Laffer State Economic Competitiveness Index, 2024. (1=Best, 50=Worst).
• Oklahoma ranked #9 in the nation for best economic outlook. • The Economic Outlook Ranking, analyzed by the American Legislative Exchange Council (Rich States, Poor States), is a forecast based on a states’ current standing in 15 state policy variables.
• Each of these factors is influenced directly by state lawmakers through the legislative process. • When ranked against bordering states (TX, CO, KS, MO, and NM), Oklahoma ranks 2nd overall and favorably in several select categories.
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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