State of Oklahoma ranks top 10 for lowest tax burden

• Oklahoma ranks as the 7th-lowest tax burden state in the nation.
• Rankings are based upon total taxes as a percent of income. Total taxes is defined as and limited to Sales, Property and Income taxes.
• On average, Oklahomans pay 7.19% of their income on taxes or $3,295 per person.
• State and local tax collections by state are from the recently released U.S. Census Annual Survey of State and Local Government Finances.

Sources: U.S. Census Annual Survey of State and Local Government Finances (2018 Tables released Nov 2020); internal research by HireAHelper.com

For comprehensive Economic Indicators and Regional Data, please visit your Greater Oklahoma City Chamber Economic Development Division at www.greateroklahomacity.com/economicindicators or contact Eric Long, Research Economist – 297-8976; [email protected].

This article originally appeared in the February 2021 edition of The Point.