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Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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State Facts

Autos Drive Oklahoma Forward

Industry Impact

65.8K
65.8 Thousand total auto jobs in Oklahoma
2.81%
2.81% depend on the auto industry for jobs
$3.2B
Total Labor Income Annually
$24.9B
Total Car Sales in 2018
770.2K
Total New Cars Sold in 2018
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

$374.4M
total state tax revenue
4.00%
% of state tax revenue
$844.1M
new vehicle sales taxes
$478.7M
used vehicle sales taxes
$259.3M
sales tax on auto parts and services
$1.3B
vehicle use taxes (including gas taxes), licenses and fees
$3.4M
corporate profits tax
$43.9M
state income taxes

Registrations

4.4M
Registered

By Body Style

  • Cars 1,646,910 (37.82%)
  • CUVs 755,492 (17.35%)
  • SUVs 495,840 (11.39%)
  • Pickups 1,170,523 (26.88%)
  • Vans/Minivans 285,670 (6.56%)

By Powertrain

  • Gas 4,114,208 (94.48%)
  • Diesel 191,081 (4.39%)
  • Hybrid 44,548 (1.02%)
  • Electric 3,285 (0.08%)
  • Plug-In Hybrid 1,313 (0.03%)
The Oklahoma average age of vehicles is 10.13 years.

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.

New Purchases

770.2K
Vehicles Sold

By Body Style

  • Cars 260,175 (33.78%)
  • CUVs 229,115 (29.75%)
  • SUVs 73,191 (9.5%)
  • Pickups 126,691 (16.45%)
  • Vans/Minivans 81,006 (10.52%)

By Powertrain

  • Gas 737,731 (95.79%)
  • Diesel 17,421 (2.26%)
  • Hybrid 12,343 (1.6%)
  • Electric 2,402 (0.31%)
  • Plug-In Hybrid 281 (0.04%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 2.3M 2.3 Million Total Imports
  • 277.1K 277.1 Thousand Total Imports

Economic Activity from 2018

  • 326.8K 326.8 Thousand Total Imports
  • 39.6K 39.6 Thousand Total Imports

Compiled by the Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.

Fueling

  • Gasoline Stations 2679
  • Electric Charging Stations 67
  • Compressed Natural Gas Stations 102
  • Liquefied Petroleum Gas Stations 121

Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of April 9, 2019.

Consumers
$32.4K
Average MSRP Per New Car
$50.1K
Median Household Income
$4.2K
Median Monthly Household Income
$493.22
Median Monthly New Car Payment
11.83%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (82%)
  • Carpool to Work (9%)
  • Take Public Transportation (0%)
  • Other (7%)

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit, U.S. Census Bureau’s American Community Survey 2017 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 60-month loan based on MSRP with 20% down and an APR of 5.36%.