Oklahoma Has Some of the Lowest Property Taxes in the Country
Ardmore offers significant financial advantages for businesses and residents, complementing the high quality of life found in this gem of southern Oklahoma.
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Low Corporate Tax Rate
According to the Tax Foundation, Oklahoma has a single corporate tax rate of 4% and was the first state to adopt permanent, first-year full expensing for qualifying investments in machinery and equipment, boosting its competitiveness. As a result, it’s been ranked the 4th most competitive state in the TF’s 2025 State Tax Competitiveness Index.
Low Property Tax Rate
Homeowners also benefit greatly from lower property taxes with median property tax rates of 0.83%, significantly below the national median of 1.02%. The Tax Foundation has ranked Oklahoma as the 11th most competitive state in its 2025 State Tax Competitiveness Index, highlighting the unique advantages found here.