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Economy, jobs and prices in Oklahoma, United States: official figures

The economy of Oklahoma (gross domestic product) was worth $274.3 billion in 2025 at current prices, 0.9% of the US total of $30.86 trillion; 21st smallest of 51. In current dollars it was up 4.1% on 2024.

GDP (current dollars)
$274.3 billion
2025
GDP per resident
$66,523
2025
Personal income per person
$66,055
2025
Median household income
$66,148
2024
Unemployment rate (seasonally adjusted)
4.2%
September 2026
Average annual pay (QCEW)
$60,996
2025
Median household income
$66,124
2024
Median gross rent (monthly)
$1,044
2024

How fast is the economy of Oklahoma growing?

After adjusting for inflation, real GDP in Oklahoma grew 2.2% in 2025, against 2.3% for the United States; 19th fastest-growing of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the GDP per capita of Oklahoma?

Dividing 2025 GDP by the Census Bureau's population estimate gives $66,523 of output per resident, against $90,294 for the US economy divided by the population of the 50 states and DC; 5th lowest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

Is the economy of Oklahoma growing or shrinking?

In the second quarter of 2026, real GDP in Oklahoma grew at an annual rate of 0.3% (United States: 2.2%); 9th slowest-growing of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What are the main industries in Oklahoma?

In 2025 the largest private industry in Oklahoma's economy was real estate, rental and leasing (10.6% of GDP), followed by manufacturing (9.1%) and mining, oil and gas (8.7%). Government accounted for 15.7%; the manufacturing share was 24th lowest of 51 (United States: 9.5%).

Source: U.S. Bureau of Economic Analysis · saved copy

How much do people in Oklahoma spend?

Consumer spending (personal consumption expenditures) in Oklahoma came to $47,797 per person in 2025 (United States: $61,062); 2nd lowest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

Is Oklahoma expensive to live in?

Prices in Oklahoma were 12.2% below the national average in 2024, by BEA's regional price parity of 87.8 (US = 100), which covers goods, services and housing; 4th least expensive of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the inflation rate in Oklahoma?

Prices in Oklahoma rose 1.6% in 2024, measured by BEA's implicit regional price deflator, against 2.6% nationally (PCE price index).

Source: U.S. Bureau of Economic Analysis · saved copy

What is the per capita income in Oklahoma?

Personal income per person in Oklahoma was $66,055 in 2025, against $77,028 for the United States; 11th lowest of 51. It was up 4.6% on 2024 and up 32.1% on 2020, before inflation.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the disposable income per person in Oklahoma?

After taxes, disposable personal income per person was $59,939 in 2025 (United States: $67,251); 14th lowest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

How far does income go in Oklahoma?

Adjusted for local price levels, real personal income per person in Oklahoma was $58,692 in 2024 in 2017 dollars (United States: $59,195); 23rd highest of 51.

Source: U.S. Bureau of Economic Analysis · saved copy

What is the median household income in Oklahoma?

Median household income in Oklahoma was $66,148 in 2024 (margin of error ±$663), against $81,604 for the United States; 6th lowest of 51 by the point estimate. It was up 3.4% on 2023 after adjusting for inflation (American Community Survey).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Oklahoma?

The Gini index of household income inequality in Oklahoma was 0.470 in 2024 (0 means equal incomes, 1 means one household has everything; United States: 0.481); 22nd most unequal of 51.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Oklahoma?

The unemployment rate in Oklahoma was 4.2% in September 2026 (seasonally adjusted, preliminary), up from 3.6% a year earlier; tied for 19th highest of 51. The rate for the 50 states and DC combined was 4.2%.

Source: U.S. Bureau of Labor Statistics · saved copy

How many people are unemployed in Oklahoma?

In September 2026, 84,189 people in Oklahoma were unemployed and 1,915,408 employed, out of a labor force of 1,999,597.

Source: U.S. Bureau of Labor Statistics · saved copy

What share of people in Oklahoma are working?

61.9% of residents aged 16 and over were in the labor force in September 2026, and 59.3% had a job; 24th lowest of 51 for labor force participation (50 states and DC combined: 61.6%).

Source: U.S. Bureau of Labor Statistics · saved copy

What was the unemployment rate in Oklahoma in 2025?

Over 2025 the unemployment rate in Oklahoma averaged 3.4% (an 11-month average: October 2025 was not collected during the federal shutdown), against 3.2% in 2024; tied for 10th lowest of 51. The lowest annual rate since 1976 was 3.0% in 2000.

Source: U.S. Bureau of Labor Statistics · saved copy

What is the average salary in Oklahoma?

Workers covered by unemployment insurance in Oklahoma were paid $60,996 on average in 2025 ($1,173 a week), up 3.9% on 2024; the US average was $78,720. That is 4th lowest of 51.

Source: U.S. Bureau of Labor Statistics · saved copy

How many jobs are there in Oklahoma?

Employers in Oklahoma had an average of 1,700,650 jobs on their payrolls in 2025 across 129,155 establishments, up 0.5% on 2024 (United States: up 0.5%).

Source: U.S. Bureau of Labor Statistics · saved copy

What is the median wage in Oklahoma?

The median annual wage across all occupations in Oklahoma was $45,600 in May 2025 (mean $56,950); 5th lowest of 51. One in ten workers earned less than $25,850 and one in ten more than $100,690.

Source: U.S. Bureau of Labor Statistics · saved copy

What is the most common job in Oklahoma?

The most common occupation in Oklahoma in May 2025 was fast food and counter workers, with 52,520 workers and a median annual wage of $23,430.

Source: U.S. Bureau of Labor Statistics · saved copy

What is the median household income in Oklahoma?

Median household income in Oklahoma was $66,124 in 2024, 6th lowest among the 50 states and DC (U.S.: $81,604). In 2019 it was $54,447, so it has risen 21.4% before allowing for inflation.

Source: U.S. Census Bureau · saved copy

What is the average rent in Oklahoma?

The median gross rent in Oklahoma, including utilities, was $1,044 a month in 2024, up 2.4% on 2023 ($1,020); 9th lowest among the 50 states and DC (U.S.: $1,487).

Source: U.S. Census Bureau · saved copy

What is the median home value in Oklahoma?

Homeowners in Oklahoma valued their homes at a median of $222,100 in 2024, up 6.5% on 2023 ($208,600); 4th lowest among the 50 states and DC (U.S.: $360,600).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Oklahoma?

The median home value in Oklahoma was 3.4 times the median household income in 2024 ($222,100 against $66,124); 7th lowest ratio among the 50 states and DC (U.S.: 4.4).

Source: U.S. Census Bureau · saved copy

Is rent affordable in Oklahoma?

A household on the median income in Oklahoma would spend 18.9% of its income on the median rent of $1,044 a month in 2024 (U.S.: 21.9%).

Source: U.S. Census Bureau · saved copy

How Oklahoma compares with other states

Gross domestic product, 2025 (current dollars) (2025)

Oklahoma ranks 31 of 51, highest first.

RankRegionGross domestic product, 2025 (current dollars)
28Utah$319.2 billion
29Kentucky$313.6 billion
30Nevada$281.4 billion
31Oklahoma$274.3 billion
32Iowa$271.9 billion
33Kansas$232.1 billion
34Nebraska$206.6 billion
Source: U.S. Bureau of Economic Analysis · saved copy

GDP per resident, 2025 (BEA GDP / Census population) (2025)

Oklahoma ranks 47 of 51, highest first.

RankRegionGDP per resident, 2025 (BEA GDP / Census population)
44Kentucky$68,065
45South Carolina$67,929
46Idaho$67,695
47Oklahoma$66,523
48Alabama$65,286
49West Virginia$63,020
50Arkansas$62,922
Source: U.S. Bureau of Economic Analysis · saved copy

Real GDP growth, 2025 (2025)

Oklahoma ranks 19 of 51, highest first.

RankRegionReal GDP growth, 2025
16Connecticut2.5%
17Ohio2.4%
18Virginia2.3%
19Oklahoma2.2%
20Michigan2.2%
21Tennessee2.1%
22New Jersey2.0%
Source: U.S. Bureau of Economic Analysis · saved copy

Real GDP growth, 2026:Q2 (annual rate) (2026:Q2)

Oklahoma ranks 43 of 51, highest first.

RankRegionReal GDP growth, 2026:Q2 (annual rate)
40Hawaii0.7%
41Washington0.6%
42New Mexico0.4%
43Oklahoma0.3%
44Louisiana0.2%
45Montana0.1%
46Nebraska-0.1%
Source: U.S. Bureau of Economic Analysis · saved copy

Personal income per person, 2025 (2025)

Oklahoma ranks 41 of 51, highest first.

RankRegionPersonal income per person, 2025
38Iowa$67,321
39Michigan$67,245
40Indiana$66,455
41Oklahoma$66,055
42Georgia$65,111
43Idaho$64,200
44Louisiana$64,103
Source: U.S. Bureau of Economic Analysis · saved copy

Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) (2024)

Oklahoma ranks 23 of 51, highest first.

RankRegionReal personal income per person, 2024 (adjusted for local prices, 2017 dollars)
20Montana$59,203
21Kansas$59,172
22Vermont$58,893
23Oklahoma$58,692
24Pennsylvania$58,620
25Tennessee$58,582
26Wisconsin$58,273
Source: U.S. Bureau of Economic Analysis · saved copy

Median household income, 2024 (ACS) (2024)

Oklahoma ranks 46 of 51, highest first.

RankRegionMedian household income, 2024 (ACS)
43Missouri$71,589
44New Mexico$67,816
45Alabama$66,659
46Oklahoma$66,148
47Kentucky$64,526
48Arkansas$62,106
49Louisiana$60,986
Source: U.S. Census Bureau · saved copy

Regional price parity, 2024 (US = 100) (2024)

Oklahoma ranks 48 of 51, highest first.

RankRegionRegional price parity, 2024 (US = 100)
45Alabama88.8
46South Dakota88.6
47Louisiana88.2
48Oklahoma87.8
49Iowa87.8
50Mississippi87.0
51Arkansas86.9
Source: U.S. Bureau of Economic Analysis · saved copy

Unemployment rate, September 2026 (seasonally adjusted) (September 2026)

Oklahoma ranks 20 of 51, highest first.

RankRegionUnemployment rate, September 2026 (seasonally adjusted)
17Massachusetts4.3%
18Alaska4.3%
19New Jersey4.2%
20Oklahoma4.2%
21Colorado4.1%
22South Carolina4.0%
23Louisiana4.0%
Source: U.S. Bureau of Labor Statistics · saved copy

Unemployment rate, 2025 annual average (2025)

Oklahoma ranks 40 of 51, highest first.

RankRegionUnemployment rate, 2025 annual average
37Iowa3.5%
38Georgia3.4%
39Virginia3.4%
40Oklahoma3.4%
41Maine3.4%
42Wyoming3.4%
43Montana3.3%
Source: U.S. Bureau of Labor Statistics · saved copy

Labor force participation rate, September 2026 (September 2026)

Oklahoma ranks 28 of 51, highest first.

RankRegionLabor force participation rate, September 2026
25Vermont62.1%
26Washington62.0%
27Rhode Island62.0%
28Oklahoma61.9%
29California61.4%
30Idaho61.4%
31Montana61.4%
Source: U.S. Bureau of Labor Statistics · saved copy

Average annual pay, 2025 (QCEW) (2025)

Oklahoma ranks 48 of 51, highest first.

RankRegionAverage annual pay, 2025 (QCEW)
45Kentucky$62,521
46Idaho$62,392
47Arkansas$61,152
48Oklahoma$60,996
49South Dakota$60,575
50West Virginia$60,359
51Mississippi$53,223
Source: U.S. Bureau of Labor Statistics · saved copy

Median annual wage, all occupations, May 2025 (OEWS) (May 2025)

Oklahoma ranks 47 of 51, highest first.

RankRegionMedian annual wage, all occupations, May 2025 (OEWS)
44Kentucky$46,920
45South Carolina$46,490
46Alabama$45,670
47Oklahoma$45,600
48Louisiana$45,520
49West Virginia$45,300
50Arkansas$43,630
Source: U.S. Bureau of Labor Statistics · saved copy

Median household income (2024)

Oklahoma ranks 46 of 51, highest first. Census Bureau SAIPE model estimates

RankRegionMedian household income
43Missouri$71,583
44New Mexico$67,838
45Alabama$66,704
46Oklahoma$66,124
47Kentucky$64,481
48Arkansas$62,146
49Louisiana$61,038
Source: U.S. Census Bureau · saved copy

Median gross rent (monthly) (2024)

Oklahoma ranks 43 of 51, highest first. Renter-occupied units paying cash rent

RankRegionMedian gross rent (monthly)
40Alabama$1,077
41Missouri$1,067
42Louisiana$1,064
43Oklahoma$1,044
44South Dakota$999
45Kentucky$998
46Wyoming$998
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2024)

Oklahoma ranks 48 of 51, highest first. Owner-reported value

RankRegionMedian value of owner-occupied homes
45Iowa$227,300
46Kentucky$226,000
47Louisiana$223,200
48Oklahoma$222,100
49Arkansas$215,600
50Mississippi$186,500
51West Virginia$170,800
Source: U.S. Census Bureau · saved copy

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