State of Oklahoma ranks top 10 for lowest tax burdenPublished: Thursday, February 25, 2021 By: Eric Long Source: The POINT!
- 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.
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@example.com.