Government budget and revenue in Oklahoma, United States: official figures
Oklahoma's state government took in $35.6 billion in fiscal year 2024, $8,690 per resident, 18th lowest of 50 states per person (all states: $9,318 per person). The total includes taxes, federal funds, charges and pension-fund investment income.
How much does the Oklahoma state government spend?
The Oklahoma state government spent $35.3 billion in fiscal year 2024, or $8,607 per resident, 18th lowest of 50 states (all states: $9,444). Spending was 40.4% higher than in fiscal year 2019 ($25.1 billion), before adjusting for inflation.
Source: U.S. Census Bureau · saved copyHow much debt does the Oklahoma state government have?
Oklahoma state government debt outstanding was $10.2 billion at the end of fiscal year 2024, $2,477 per resident, 19th lowest of 50 states (all states: $3,248). That equals 29% of one year's general revenue; in fiscal year 2019 the debt was $8.1 billion.
Source: U.S. Census Bureau · saved copyHow much federal funding does Oklahoma get?
The federal government provided $14.2 billion to the Oklahoma state government in fiscal year 2024, $3,477 per resident and 40.9% of its general revenue, 10th highest share of 50 states (all states: 34.2%).
Source: U.S. Census Bureau · saved copyWhat are federal funds to Oklahoma spent on?
Public welfare programmes, mainly Medicaid, accounted for $10.0 billion or 70% of Oklahoma's federal funds in fiscal year 2024, and education for $2.0 billion (14%).
Source: U.S. Census Bureau · saved copyWhat does the Oklahoma state government spend its money on?
Direct state spending on public welfare was $3,557 per resident in fiscal year 2024, 14th highest of 50 states (all states: $3,000); higher education took $1,090 per resident and highways $685.
Source: U.S. Census Bureau · saved copyHow much does Oklahoma give to local governments and schools?
19.2% of Oklahoma's state general spending in fiscal year 2024 ($6.6 billion) was paid to other governments, mostly local governments and school districts, 11th lowest share of 50 states (all states: 27.7%).
Source: U.S. Census Bureau · saved copyHow much tax does Oklahoma collect?
Oklahoma collected $13.0 billion in state taxes in fiscal year 2025, $3,164 per resident, 8th lowest of 50 states (all states: $4,503). That was 0.1% more than in fiscal year 2024 ($13.0 billion); across all states collections rose 4.3%.
Source: U.S. Census Bureau · saved copyWhat taxes does Oklahoma rely on?
The individual income tax raised $4.9 billion (37.5% of state taxes, 18th highest share of 50 states) in fiscal year 2025. The general sales tax raised $3.5 billion (26.9%, 17th lowest share of 50 states). The largest single tax was the individual income tax (37.5%), followed by the general sales and gross receipts tax (26.9%).
Source: U.S. Census Bureau · saved copyDoes Oklahoma have corporate, property or severance taxes?
In fiscal year 2025, in Oklahoma, corporate net income tax raised $639.8 million (4.9% of state taxes); no state property tax was collected; severance tax on oil, gas, coal and minerals raised $1.0 billion (7.8% of state taxes).
Source: U.S. Census Bureau · saved copyHow much money does the Oklahoma state government hold in reserves?
The Oklahoma state government held $45.5 billion in cash and securities at the end of fiscal year 2024, $11,100 per resident, of which $44.1 billion was in insurance trust funds such as public employee pension systems.
Source: U.S. Census Bureau · saved copyHow Oklahoma compares with other states
State government revenue per person (2024)
Oklahoma ranks 33 of 50, highest first. All revenue of the state government, including insurance trust income, divided by 1 July population
| Rank | Region | State government revenue per person |
|---|---|---|
| 30 | Michigan | $9,298 |
| 31 | Utah | $9,173 |
| 32 | Alabama | $8,789 |
| 33 | Oklahoma | $8,690 |
| 34 | South Carolina | $8,662 |
| 35 | Wisconsin | $8,478 |
| 36 | Nebraska | $8,473 |
State government spending per person (2024)
Oklahoma ranks 33 of 50, highest first. Total expenditure of the state government divided by 1 July population
| Rank | Region | State government spending per person |
|---|---|---|
| 30 | Wisconsin | $9,034 |
| 31 | South Carolina | $8,949 |
| 32 | Ohio | $8,683 |
| 33 | Oklahoma | $8,607 |
| 34 | Alabama | $8,594 |
| 35 | Arkansas | $8,482 |
| 36 | Indiana | $8,302 |
State government debt per person (2024)
Oklahoma ranks 32 of 50, highest first. Debt outstanding at the end of the fiscal year divided by 1 July population
| Rank | Region | State government debt per person |
|---|---|---|
| 29 | Mississippi | $2,618 |
| 30 | Arkansas | $2,601 |
| 31 | Iowa | $2,494 |
| 32 | Oklahoma | $2,477 |
| 33 | Michigan | $2,477 |
| 34 | Montana | $2,423 |
| 35 | Kansas | $2,416 |
Federal funds received by the state government per person (2024)
Oklahoma ranks 18 of 50, highest first. Intergovernmental revenue from the federal government
| Rank | Region | Federal funds received by the state government per person |
|---|---|---|
| 15 | Maine | $3,627 |
| 16 | Arkansas | $3,555 |
| 17 | North Dakota | $3,504 |
| 18 | Oklahoma | $3,477 |
| 19 | Massachusetts | $3,415 |
| 20 | Pennsylvania | $3,410 |
| 21 | Indiana | $3,403 |
Federal funds as a share of state general revenue (2024)
Oklahoma ranks 10 of 50, highest first.
| Rank | Region | Federal funds as a share of state general revenue |
|---|---|---|
| 7 | Mississippi | 42.0% |
| 8 | South Dakota | 41.6% |
| 9 | Indiana | 41.0% |
| 10 | Oklahoma | 40.9% |
| 11 | West Virginia | 40.6% |
| 12 | Tennessee | 40.5% |
| 13 | Wyoming | 40.1% |
State tax collections per person (2025)
Oklahoma ranks 43 of 50, highest first.
| Rank | Region | State tax collections per person |
|---|---|---|
| 40 | Alabama | $3,403 |
| 41 | Colorado | $3,370 |
| 42 | Ohio | $3,264 |
| 43 | Oklahoma | $3,164 |
| 44 | Georgia | $3,040 |
| 45 | South Dakota | $2,874 |
| 46 | Missouri | $2,871 |
Individual income tax as a share of state taxes (2025)
Oklahoma ranks 18 of 50, highest first.
| Rank | Region | Individual income tax as a share of state taxes |
|---|---|---|
| 15 | Maine | 39.5% |
| 16 | New Jersey | 38.9% |
| 17 | Minnesota | 37.8% |
| 18 | Oklahoma | 37.5% |
| 19 | Kansas | 35.6% |
| 20 | Illinois | 35.6% |
| 21 | Maryland | 35.6% |
General sales tax as a share of state taxes (2025)
Oklahoma ranks 34 of 50, highest first.
| Rank | Region | General sales tax as a share of state taxes |
|---|---|---|
| 31 | Alabama | 27.2% |
| 32 | Georgia | 27.2% |
| 33 | West Virginia | 27.1% |
| 34 | Oklahoma | 26.9% |
| 35 | Connecticut | 25.3% |
| 36 | North Dakota | 25.0% |
| 37 | Minnesota | 23.4% |
State spending on public welfare per person (2024)
Oklahoma ranks 14 of 50, highest first. Direct general expenditure on public welfare, mainly Medicaid
| Rank | Region | State spending on public welfare per person |
|---|---|---|
| 11 | Minnesota | $4,035 |
| 12 | California | $3,981 |
| 13 | Delaware | $3,785 |
| 14 | Oklahoma | $3,557 |
| 15 | West Virginia | $3,534 |
| 16 | Maryland | $3,463 |
| 17 | Arizona | $3,444 |
More on Oklahoma: overview · economy and jobs · health · education and schools · poverty and living standards · the United States
Sources
- U.S. Census Bureau: Annual Survey of State Government Finances: State Government Finances, U.S. and States, 2012-2024 (table GS00STATEFIN01, amounts in thousands of dollars), read 23 October 2026 · saved copy (SHA-256 72ff59b48414…)
- U.S. Census Bureau: Annual Survey of State Government Tax Collections: historical database, fiscal years to 2025 (thousands of dollars), read 23 October 2026 · saved copy (SHA-256 bdf560cd3d8f…)
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