Oklahoma Business Resources |
| Oklahoma boasts one of the fastest growing economies in the United States. Much of this success can be attributed to mining, technology, and manufacturing, though many other sectors are also experiencing substantial growth. Machinery and transportation equipment are the top exports, with Canada, Mexico and Japan constituting the largest export markets. The Sooner State has historically held a strong agricultural sector, and is currently a leading producer of wheat. Other top agricultural outputs include cattle, hogs, and hay. The state also used to possess a substantial energy industry, which was hard-hit by lower oil prices and depression in the mid-eighties. While the industry as a whole never fully recovered, Oklahoma is now ranked second in the nation in production of natural gas. |
|
Business Data |
| Per Capita Real GDP | $29,545 Rank: 46/50 (2006) |
| Population | 3,450,650 Rank: 27/50 (2000) |
| Per Capita Personal Income | $32,210 Rank: 37/50 (2006) |
| Unemployment Rate | 3.60% Rank: 13/50 (2008) |
| Business Tax Climate Index | Rank: 19/50 (2008) |
| Corporate Tax Rate | 6% |
| Individual Tax Rate | 0.5% - 5.5% |
| Sales Tax Rate | 4.5% |
Business Tax Climate Index |
| Individual Income Tax Index Rank | 22 |
| Sales Tax Index Rank | 31 |
| Unemployment Insurance Tax Index Rank | 1 |
| Property Tax Index Rank | 24 |
| Business Tax Climate Index | 19 |
| Corporate Tax Index Rank | 13 |
State Information |
| Abbreviation | OK |
| Capital | Oklahoma City |
| Nick Name | Sooner State |
| State Web Site | http://www.oklahoma.gov |
| Motto | Labor conquers all things |
Top 5 Export Partner Countries | Canada, Mexico, Japan, Saudi Arabia, Singapore |
Top 5 Export Merchandise | Fabricated Metals Sales
Machinery Sales
Primary Metals Manufacturing
Machinery Manufacturing
Electrical Equipment Manufacturing |
Major Cities | Norman, Oklahoma, Tulsa |
GDP |
| Total Gross Domestic Product (USD Millions) | $139,323.00 (2007) |
| Per Capita Real GDP (USD) | $29,470.00 Rank: 46 (2007) |
Population Stats |
| Population |
3,642,361 Rank: 28 (2008) |
Age Distribution |
| Under 18 Population | 892,360 |
| Under 18 Percent of Total Population | 26% |
| 65 and older Population | 455,950 |
| 65 and older Percent of Total Population | 13% |
Gender Distribution |
| Male Population | 49.1% |
| Female Population | 50.9% |
| Non-English Speaker (at home) | 188,035 |
| Net International Immigration | 36,546 |
| Birth Rate | 14.6% |
| Percent of People Under Poverty Level | 16.5% |
| Rank | 9 |
Expenditure |
| Per Capita State Spending | $20,888 |
| Rank | 36 |
| Energy Expenditures per Person | $4,537 |
| Expenditures of State and Local Government Employee-Retirement Systems | $1,421,671 |
Revenue |
| Personal Income | $31,703 |
| Rank | 37 |
| State Internal Revenue Collection | $29,324,569 |
| Rank | 24 |
| Cash and Deposits by State Government | $175,286 |
| Per Capita State Tax Collection | $2,198 |
| Rank | 32 |
Education |
| High School Graduation Rate | 74.7% |
| Rank | 21 |
| Percent of Population with a Bachelor's Degree | 15% |
| Rank | 38 |
| Percent of Population with an Advanced Degree | 7.3% |
| Rank | 43 |
Largest Universities | Oklahoma State University
University of Oklahoma, Norman Campus
Central Oklahoma University |
| High School Graduation Rate | 74.7% |
Logistics |
| Public Road Length (Mile) | 113,085 |
| Gas Tax Rate (%) | 17% |
| Highway Planning and Construction (USD Thousands) | 503,858 |
| Number of Public Airports | 170 |
Main Airports | TUL: Tulsa
OKC: Oklahoma City |
Ports | Tulsa, Port of Catoosa |
Weather
| Map
View Larger Map |
State Business Links |
| News Oklahoma |
| http://www.newsok.com/ |
Secretary of State |
| |
|
|
Small Business Administration |
| Oklahoma Small Business Administration |
| http://www.sba.gov/localresources/district/ok/index.html |
| The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. We recognize that small business is critical to our economic recovery and strength, to building America's future, and to helping the United States compete in today's global marketplace. Although SBA has grown and evolved in the years since it was established in 1953, the bottom line mission remains the same. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S. Virgin Islands and Guam. |
Top 10 Business Links |
| Oklahoma Department of Commerce |
| http://www.okcommerce.gov/ |
| The Oklahoma Department of Commerce is committed to the economic development of Oklahoma. The website contains a wealth of resources for business looking to expand further or for those interested in starting a business in Oklahoma. |
| Oklahoma Manufacturing Alliance |
| http://www.okalliance.com/ |
| The Oklahoma Manufacturing Alliance has a statewide network of manufacturing professionals working to provide advice and assistance to Oklahoma manufacturers. The website provides detailed information about the alliance as well as news, case studies, and links to other resources. |
| Oklahoma Small Business Development Center |
| http://www.osbdc.org/ |
| The mission of the Oklahoma Small Business Development Center is to do everything in its power to help Oklahoma businesses be more successful. Its online services include sections for free counseling, new businesses, existing businesses, workshops, loans and grants, and more. |
|
|
|
| The Journal Record |
| http://www.journalrecord.com/ |
| The Journal Record is the online version of the Oklahoma business newspaper. The reporters focus on the trends of Oklahoma City and Tulsa businesses. |
| The State Chamber |
| http://www.okstatechamber.com/ |
| The State Chamber is Oklahoma’s Association of Business and Industry. It is a lobbying organization representing businesses of all sizes and industries. The Chamber also provides advocacy services and programs for member businesses. |
|
|
|
|
|
|
|
|
|
|
|
|
