39. Oklahoma

The Sooner State offers an affordable cost of living, but it needs to deal with its poor schools.

Oklahoma is investing in clean energy technology. 
John Kirk | Getty Images
Oklahoma is investing in clean energy technology. 
Category
Score
2018 Rank
2017 Rank
Grade
Workforce 186 43 38 C-
Infrastructure 201 27 32 (Tie) C+
Cost of Doing Business 229 12 20 A
Economy 136 32 42 C-
Quality of Life 106 44 48 F
Technology & Innovation 74 40 44 F
Education 46 48 43 F
Business Friendliness 113 7 12 B+
Access to Capital 30 35 36 (Tie) D
Cost of Living 48 3 5 A+
Overall 1169 39 43 -

Economic Profile

Governor: Mary Fallin, Republican

Population: 3,930,864

GDP growth (Q4 2017): 3.3 percent

Unemployment rate (May 2018): 4.0 percent

Top corporate tax rate: 6 percent

Top individual income tax rate: 5 percent

Gasoline tax: 17 cents/gallon

Bond rating (Moody's/S&P): Aa2, negative/AA, stable

Major private employers: Wal-Mart, Integris Health, Williams Partners

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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