Oklahoma Income Tax
Oklahoma has a progressive income tax with rates ranging from 0.25-4.75%. Lower income earners pay the lower rate, with the top rate applying to the highest bracket.
Oklahoma Sales Tax
The state sales tax rate in Oklahoma is 4.5%. With an average local sales tax of 4.47%, the combined average sales tax rate is 8.97%.
Oklahoma Property Tax
The effective property tax rate in Oklahoma is 0.87%. With a median home value of $178,200, the median annual property tax bill is $1,424 ($119/month).
Corporate & Business Taxes
The corporate tax rate in Oklahoma is 4%.
Other Taxes in Oklahoma
| Tax Type | Rate / Amount |
|---|---|
| Gas Excise Tax | $0.20/gallon |
| Cigarette Tax | $2.03/pack |
| Estate Tax | No |
| Inheritance Tax | No |
Key Facts
High combined sales tax due to local taxes. Low property and income taxes.
Compare to Other States
See how salaries compare on our average salary in Oklahoma page. Thinking about starting a business? Check our LLC guide for Oklahoma. See the current minimum wage in Oklahoma.
Financial Calculators
Plan your finances in Oklahoma with our free tools:
- Paycheck Calculator — estimate take-home pay after taxes
- Salary Calculator — convert hourly to annual pay
- Mortgage Calculator — estimate monthly home payments
- Home Affordability Calculator — see how property taxes affect what you can afford