The Oklahoma Department of Commerce provides data and statistics needed by businesses and communities for development.
Market
Proximity
Equidistant between Los Angeles, New York City and Mexico
City, more than 75 million people live within a 500-mile
radius of the state.
Oklahoma companies can easily ship and receive products
and resources by land, air, rail and waterway.
Cost
of Doing Business
Cost of Living
Economy.com ranked Oklahoma as the third
least expensive state in the nation to do business.
Oklahoma's unit labor cost index is
fourth lowest in the nation. Oklahoma's industrial
power, real estate and construction costs rank among the
lowest in the country.
Cost of Housing
Cost of Construction
Economy
If Oklahoma were a country, our gross state product
would rank as 51st largest in the world.
Oklahoma is home of over 150 Fortune 500 facilities.
Oklahoma is more diversified than ever before –
with employment in such technologically advanced fields
as aviation, electronics, telecommunications, biotechnology,
plastics, business services, fabricated metals, agriculture
and energy.
Oklahoma's aviation and aerospace industry employs
over 143,000 workers and generates 10 percent of the state's
industrial output.
Oklahoma is the largest tire producing state in the
country, with major Goodyear, Michelin North America and
Dayton production facilities.
Population
Growth
Oklahoma grew 9.7 percent since 1990, more
than double its growth over the last 10 years.
Oklahoma ranks 27th in the nation in population
Diversity
Oklahoma has more American Indians than any other
state.
Nationally, 2.4% of the population report themselves
as two or more races. In Oklahoma, that average
is 4.5%.
People of Latin origin more than doubled from
1990 to 2000, from 86,160 to 179,304.
