Gov. Fallin and other state leaders have set a long-term goal to eliminate Oklahoma’s income tax. One reason frequently offered by opponents of the income tax is that it will encourage people and businesses to move to Oklahoma from other states.

A report released today by the Center on Budget and Policy Priorities shows that this argument is wrong. Major findings of the report include: Read the rest of this entry »

We recently reported on how Oklahoma’s robust economic growth prior to the recent downturn vaulted the state from the poorest fifth of states early this decade, as measured by per capita personal income,  to the 28th spot in 2008. Further confirmation of the state’s good fortunes is provided by the annual population estimates produced by the U.S. Census Bureau and aggregated into user-friendly spreadsheets by the Oklahoma Department of Commerce. As can be seen from the table below, Oklahoma’s population growth trailed the national average for the first part of this decade, but then caught up and passed the national average in the three years of 2006-08. In 2008, the state’s population grew by an estimated 34,238 people, or 0.95 percent, slightly outpacing the 0.92 percent population growth of the nation as a whole. The state’s estimated population on July 1, 2008 was 3,642,361, making it the 28th most populous state for the eighth straight year.

Since 2000, Oklahoma’s population has grown at an average annual rate of 0.67 percent, 27th fastest among the states but somewhat below the national average of 0.94 percent. During this period, Nevada has experienced the greatest population growth at an average annual rate of 3.24 percent. Louisiana is the only state to have lost population since 2000, due to Hurricane Katerina and its aftermath, while Rhode Island, North Dakota, West Virginia and Michigan have all grown less than 0.1 percent per year.

New data released last week showed population changes at the city level. Fairmont in Garfield County (+7.0 percent) and Collinsville in Tulsa County (+6.9 percent) were the state’s fastest growing cities in 2008. Oklahoma City’s population increased 1.2 percent in 2008 to 551,789 residents, while Tulsa grew 0.5 percent to 385,635.

At the state level, Oklahoma’s population growth this decade has been primarily due to growth in the state’s Hispanic population.  Hispanics account for a full 52 percent of the state’s total population growth between 2000 and 2008. The Hispanic population grew by 55.4 percent in this period, while the number of non-Hispanics increased by just 2.8 percent. The growing Hispanic population reflects a combination of migration and a young population of child-bearing age.

Read the rest of this entry »