State economy

Oklahoma economy

Oklahoma's unemployment rate was 4.2% in September 2026, down from 4.3% the month before and 3.6% a year earlier. That ranks 33 of 51 (1 = lowest); the national rate was 4.1%. Employers had 1.80 million jobs on their payrolls in September 2026, a gain of 14,400 (+0.8%) from a year earlier. Home prices (FHFA index) were +2.8% from a year earlier in Q2 2026. Median household income was $75,390 in 2025.

4.2%
unemployment rate
September 2026
Unemployment rate4.2%Rank 33 of 51 (1 = lowest)
10-year range2.9–12.5%Low Nov 2021 · high Apr 2020
Nonfarm jobs1.80M+0.8% in a year · rank 16
Home prices (FHFA)+2.8%1-year change · Q2 2026 · 5-yr +40%
Median household income$75,3902025 · rank 43 of 51

Oklahoma: unemployment rate

Oklahoma unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 4.2%; high 12.5% on Apr 1, 2020; low 2.9% on Nov 1, 2021.2%4%6%8%10%12%14%20082010201220142016201820202022202420264.2%High 12.5%Low 2.9%

Oklahoma: jobs, change from a year earlier

Oklahoma nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +0.8%; high +6.8% on Apr 1, 2021; low -10.1% on Apr 1, 2020.-15%-10%-5%0%5%10%20052010201520202025+0.8%High +6.8%Low -10.1%

Oklahoma: home prices, change from a year earlier

Oklahoma FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +2.8%; high +18.2% on Apr 1, 2022; low -2.6% on Jul 1, 2011.-5%0%5%10%15%20%20052010201520202025+2.8%High +18.2%Low -2.6%

Oklahoma: median household income

Oklahoma median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $75,390; high $75,390 on Jul 1, 2025; low $20,950 on Jul 1, 1986.$20,000$40,000$60,000$80,0001990199520002005201020152020$75,390Low $20,950

Other states

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).