51 Oklahoma Business Stats & Facts For 2025

Here are 51 business stats about Oklahoma for 2025.

Basics:

Population: 4,053,824 (US Census 2020)
Population desnity per square mile: 57.70
GDP: $254,134 (millions USD)
GDP Per Capita: $63,390
Median household income (in 2022 dollars): $61,364
Real GDP Growth Rate: 5.30%
Total Employment: 1.8m
Unemployment Rate: 2.9%

Rankings

% Share of National Economy: 0.93%
State Economic Growth Rank (out of 50): 29
Population Growth Rank (out of 50): 28
Business Growth Rank (out of 50): 36
State Growth Rank in Employment (out of 50): 23

Biggest Industries In Oklahoma By Revenue

1. Oil Drilling & Gas Extraction: $74.0b
2. Gasoline & Petroleum Wholesaling: $18.0b
3. Hospitals: $15.2b
4. Lotteries & Native American Casinos: $13.1b
5. New Car Dealers: $11.6b
6. Commercial Banking: $11.2b
7. Drug, Cosmetic & Toiletry Wholesaling: $10.6b
8. Petroleum Refining: $10.1b
9. Gas Stations with Convenience Stores: $9.5b
10. Oil & Gas Field Services: $7.3b

Biggest Employers In Oklahoma

1. Walmart Inc.: 34,871 (2.0%)
2. Amazon.Com: 11,500 (0.7%)
3. Integris Health, Inc.: 9,700 (0.5%)
4. Hobby Lobby Stores Inc.: 7,800 (0.4%)
5. Oklahoma State University: 7,100 (0.4%)
6. The Chickasaw Nation: 6,800 (0.4%)
7. United States Postal Service: 6,800 (0.4%)
8. Saint Francis Health System: 6,500 (0.4%)
9. Oklahoma Deparment of Human Services: 6,400 (0.4%)
10. University of Oklahoma: 6,100 (0.3%)

Small Businesses In Oklahoma

Number of Small Businesses 371,640
Percent of bossiness that are small businesses: 99.40%
Number of employees: 717,434
Share of Employment: 51.00%
Number of New Businesses In The Past Year: 13,310
Number of Businesses That Closed In The Past Year: 10,211
Net Change In New Businesses: 3,099

Number of Businesses With No Employees: 300,822
Number of Businesses with 1-19 Employees: 62,291
Number of Businesses with 20-499 Employees: 8,527
Share of Businesses Owned By Women: 43.20%
Share of Businesses Owned By Veterans: 8.60%
Share of Hispanic Owned Businesses: 7.10%
Share of Businesses Owned By Racial Minorities: 15.20%

Fortune 500 Companies In Oklahoma

Number of Fortune 500 Headquaters: 6
Biggest Company: Oneok
Biggest Company Type: Pipelines
Number of Employees: 2,966
Revenue (in millions): $22,387

Taxes In Oklahoma

State Corporate Tax Rate: 4.00%
State Corporate Tax Rate Brackets: $0

State Sales Tax Rate: 4.50%
State Sales Tax Rank (out of 50): 36
Average Local Sales Tax Rate: 4.49%
Max Local Sales Tax Rate: 7.00%
Average Combined Sales Tax Rate: 8.99%
Combined Sales Tax Rank (out of 50): 6

Minimum State Income Tax Rate If You’re Single: 0.00%
Minimum State Income Tax Rate If You’re Married: 0.00%

General Oklahoma Population Facts

In civilian labor force, total, percent of population age 16 years+: 60.50%
In civilian labor force, female, percent of population age 16 years+: 55.80%
Share of population which is foreign born: 6.10%
Mean travel time to work (minutes), workers age 16 years+: 22.3

Housing

Number of Housing Units: 1,788,972
Owner-occupied housing unit rate: 65.90%
Median value of owner-occupied housing units: $170,500
Median gross rent per month: $934
Households with a computer: 93.10%
Households with a broadband Internet subscription: 85.60%

Education

High school graduate or higher, percent of persons age 25 years+: 88.90%
Bachelor’s degree or higher, percent of persons age 25 years+: 27.30%

Also See

• Oklahoma Registered Agent Services
• Oklahoma Secretary of State Business Search
• How To Form an LLC In Oklahoma
• Oklahoma Bookkeepers & Bookkeeping Services

Sources

• https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP
• https://en.wikipedia.org/wiki/Economy_of_Oklahoma
• https://www.ibisworld.com/united-states/economic-profiles/oklahoma/
• https://taxfoundation.org/data/all/state/2024-sales-taxes/
• https://taxfoundation.org/data/all/state/state-corporate-income-tax-rates-brackets-2024/
• https://taxfoundation.org/data/all/state/state-income-tax-rates-2024/
• https://advocacy.sba.gov/2023/11/14/2023-small-business-profiles-for-the-states-territories-and-nation/
• https://advocacy.sba.gov/wp-content/uploads/2023/11/2023-Small-Business-Economic-Profile-OK.pdf
• https://www.bls.gov/eag/
• https://www.bls.gov/regions/southwest/oklahoma.htm#eag
• https://www.census.gov/quickfacts/fact/table/OK,US/PST045223
• https://www.50pros.com/fortune500