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Oklahoma is the 37th-richest state in the United States, with a per capita income of $32,210 in 2006 and the third fastest-growing per capita income in the United States. [1] Oklahoma also has one of the lowest costs of living in the United States, making its relative per capita income levels much higher than its ranking among states.
There were approximately 1.8 million in the Oklahoma labor force in 2018. The private sector employs 90% of working Oklahomans, with the government (federal, state, and local) employing 9%. The largest employer in the state is the United States Department of Defense , which employs approximately 69,000 workers or 3.8% of all working Oklahomans.
A few Oklahoma counties also exceed the U.S. national average for income, population growth rate, education, and have a lower rate of poverty. Republican candidate Donald J. Trump received a plurality of votes in every Oklahoma county, and a majority in every county but one in the 2020 Presidential election.
Sometimes called a "budget letter" or proof of income letter, the benefit verification statement from Social Security is used for several different instances where proof of your status or income is...
I did, however, update the overall per capita income figure based on the ref. That number jumped from an average of about $17,000 in 2000 to about $32,000 in 2006. Okiefromokla's sockpuppet / talk 19:57, 17 November 2007 (UTC) [ reply ]
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Cons. Few lenders offer these loans in 2024. You’ll need a good credit score and lots of liquid assets to qualify. No-doc mortgage loans usually come with higher interest rates.
Income taxes are steadily increased as a major State revenue source since 1933 when the Oklahoma Constitution was amended to prohibit State-level taxation of property. Income taxes are now the largest source of revenue for the State government, accounting for approximately 38% of total state revenue - 32% from individuals and 6% from corporations.