Top States for Business 2024

26. Oklahoma

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Oklahoma Score and Ranking

CATEGORY 2024 SCORE 2024 RANK 2023 RANK 2024 GRADE
INFRASTRUCTURE2461320B+
WORKFORCE1873236D
ECONOMY1942130C
QUALITY OF LIFE854749F
COST OF DOING BUSINESS22213A+
TECHNOLOGY & INNOVATION1143038D+
BUSINESS FRIENDLINESS1421921C+
EDUCATION524048C+
ACCESS TO CAPITAL224025D-
COST OF LIVING32125B
OVERALL12962641

Economic Profile

Governor: Kevin Stitt, Republican

Population: 4,053,824

GDP growth (Q1 2024): 4.2%

Unemployment rate (May 2024): 3.5%

Top corporate tax rate: 4%

Top individual income tax rate: 4.75%

Gasoline tax: 38.40 cents/gallon

Bond rating (Moody's/S&P): Aa2, Positive/AA, Positive

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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