Oklahoma Tax Overview
Oklahoma has a six-bracket progressive income tax with a top rate of 4.75% that kicks in at just $7,200 of taxable income. The state has been gradually reducing its top rate from 5.25%. Oklahoma fully exempts Social Security benefits from income tax and offers a favorable tax environment for the energy industry.
Oklahoma Tax Quick Facts (2026)
| Income Tax | progressive (top rate: 4.8%) |
| Sales Tax (State) | 4.50% |
| Property Tax (Avg Effective) | 0.85% |
| Median Household Income | $59,132 |
| Capital | Oklahoma City |
| Population | 4.0 million |
Oklahoma Income Tax Brackets (2026)
| Income Range | Tax Rate |
|---|---|
| $0 β $1,000 | 0.25% |
| $1,000 β $2,500 | 0.75% |
| $2,500 β $3,750 | 1.75% |
| $3,750 β $4,900 | 2.75% |
| $4,900 β $7,200 | 3.75% |
| $7,200+ | 4.75% |
Frequently Asked Questions About Oklahoma Taxes
Does Oklahoma have a state income tax?+
Yes, Oklahoma has a progressive income tax system with a top marginal rate of 4.8%.
What is the property tax rate in Oklahoma?+
The average effective property tax rate in Oklahoma is approximately 0.85% of assessed home value. On a $300,000 home, that is about $2,550 per year.
What is the sales tax rate in Oklahoma?+
The state sales tax rate in Oklahoma is 4.50%. Local jurisdictions may add additional sales tax.
What is the median household income in Oklahoma?+
The median household income in Oklahoma is approximately $59,132 per year.
How does Oklahoma's tax burden compare to other states?+
Oklahoma's total tax burden depends on income tax, property tax, and sales tax combined. Use the calculator above to compare your specific situation.
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James Whitfield, CPA, MST
James Whitfield is a Certified Public Accountant with a Master of Science in Taxation. He specializes in US federal and state tax calculations and ensures all tax-related tools meet current IRS guidelines. Last updated: April 2026. Uses 2026 tax year data from state revenue departments and IRS publications.