Oklahoma - Income

According to the Bureau of Economic Analysis, in 2001, Oklahoma had a per capita personal income (PCPI) of $24,945 which ranked 40th in the United States (including the District of Columbia) and was 82% of the national average, $30,413. The 2001 PCPI reflected an increase of 3.9% from 2000 compared to the national change of 2.2%. In 2001, Oklahoma had a total personal income (TPI) of $86,549,589,000 which ranked 29th in the United States and accounted for 1% of the national total. The 2001 TPI reflected an increase of 4.4% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in Oklahoma increased from $57,597,895,000 in 2000 to $59,936,900,000 in 2001, an increase of 4.1%. The largest industries in 2001 were services, 24.3% of earnings; state and local government, 13.7%; and retail trade, 9.4%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was durable goods manufacturing (8.1% of earnings in 2001), which decreased 7.6%; the fastest was state and local government, which increased 11.5%.

According to data released by the US Census Bureau, in 2000, the median household income was $32,445 compared to the national average of $42,148. In 2001, the median income for a family of four was $53,949 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 14.3% which placed it 42nd among the 50 states and the District of Columbia ranked lowest to highest.