Business for Sale Marketplace - A Single Platform for Entrepreneurs & Dealmakers Login | About us | FAQ

State Resources


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)
Population3,450,650 Rank: 27/50 (2000)
Per Capita Personal Income$32,210 Rank: 37/50 (2006)
Unemployment Rate3.60% Rank: 13/50 (2008)
Business Tax Climate IndexRank: 19/50 (2008)
Corporate Tax Rate6%
Individual Tax Rate 0.5% - 5.5%
Sales Tax Rate 4.5%

Business Tax Climate Index

Individual Income Tax Index Rank22
Sales Tax Index Rank31
Unemployment Insurance Tax Index Rank1
Property Tax Index Rank24
Business Tax Climate Index19
Corporate Tax Index Rank13

State Information

AbbreviationOK
CapitalOklahoma City
Nick NameSooner State
State Web Sitehttp://www.oklahoma.gov
MottoLabor 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 Population892,360
Under 18 Percent of Total Population26%
65 and older Population455,950
65 and older Percent of Total Population13%

Gender Distribution

Male Population49.1%
Female Population50.9%
Non-English Speaker (at home)188,035
Net International Immigration36,546
Birth Rate14.6%
Percent of People Under Poverty Level16.5%
Rank9

Expenditure

Per Capita State Spending$20,888
Rank36
Energy Expenditures per Person$4,537
Expenditures of State and Local Government Employee-Retirement Systems$1,421,671

Revenue

Personal Income$31,703
Rank37
State Internal Revenue Collection$29,324,569
Rank24
Cash and Deposits by State Government$175,286
Per Capita State Tax Collection$2,198
Rank32

Education

High School Graduation Rate74.7%
Rank21
Percent of Population with a Bachelor's Degree15%
Rank38
Percent of Population with an Advanced Degree7.3%
Rank43

Largest Universities

Oklahoma State University University of Oklahoma, Norman Campus Central Oklahoma University
High School Graduation Rate74.7%

Logistics

Public Road Length (Mile)113,085
Gas Tax Rate (%)17%
Highway Planning and Construction (USD Thousands)503,858
Number of Public Airports170

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

Oklahoma Secretary of State
http://www.sos.state.ok.us/
The Business Filing Department processes corporation, limited partnership, limited liability company, limited liability partnership, certificate of partnership fictitious name for general partnership, trade name, and trademark registration filings. Such filings include new registrations, amendments, mergers, dissolutions and withdrawals for both domestic and foreign entities

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.
Oklahoma Small Business Group
http://www.oksbg.com/
The Oklahoma Small Business Group is a group of small businesses that have come together to purse further business opportunities. The site lists the business advocacy services available to customers as well as links to member’s websites.
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.
University of Oklahoma Center for Business & Economic Development
http://cbed.occe.ou.edu/
The University of Oklahoma Center for Business and Economic Development is dedicated to serving the economic development needs of Oklahoma. Its main three programs are the OU/EDI Economic Development Institute, the Continuing Engineering & Geosciences Programs, and the Center for Chamber of Commerce Excellence.

Featured Brokers
Coldwell Banker Mergers & Acquisitions
Coldwell Banker Mergers & Acquisitions brings together buyers and sellers of businesses across the United States, from main street to the mid-market
www.coldwellm-a.com
Sunbelt Business Brokers of Atlanta
Sunbelt Business Brokers offers professional and reliable services for clients who are interested in buying and selling privately held businesses, mergers & acquisitions in the Atlanta, Georgia areas.
www.sunbeltatlanta.com
BTI Group / Business Team
Business Team, a unit of BTI Group, is the largest Business Brokerage firm in the Western United States specializing in arranging the purchase and sale of privately owned companies
www.business-team.com
Lakes Business Group, Inc
Confidential, discreet professional services to privately held business owners.Specialists in 401k/IRA business funding.VR has sold more businesses in the world than anyone.®
https://lakesbusinessgroup.com


Subscribe to our Newsletters

Subscribe