MidAmerica Industrial Park | 4075 Sanders Mitchell St | Pryor Creek, OK 74361 | Phone: (918) 825-3500 | Fax: (918) 825-4022 | Email: dstewart@maip.com
Taxes
An attractive tax environment helps build your bottom line.
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Taxes

An attractive tax environment helps build your bottom line.

At MidAmerica, industries and their employees keep more of what they earn, thanks to profit-enhancing exemptions and low tax rates across the board.

Low corporate taxes and fees: Oklahoma corporations pay no capital gains on property, while low state corporate taxes—a maximum of 6% on income earned in Oklahoma, with liabilities offset by qualified tax credits and other exclusions—make MidAmerica a profitable location for any corporation.

Low unemployment taxes: The Tax Foundation ranks Oklahoma’s unemployment taxes the fifth lowest in the nation. Employer contributions are recalibrated annually according to factors including benefit-wage ratio, with the taxable wage base determined as a percentage of Oklahoma’s average annual wage, which compares favorably to other states.

Low state and county sales tax; no city sales tax: Oklahoma’s sales tax is only 4.5%, Mayes County only 1.375%, and because MidAmerica is located outside city limits, purchases that are not exempt are subject only to state and county taxes. Manufacturers also enjoy numerous exemptions; see a fuller list HERE

Ad Valorem exemptions: While MidAmerica is located in two ad valorem districts, both with ad valorem rates less than .95% of fair cash value, new and expanding qualifying industries may be eligible for ad valorem exemptions for up to five years. Also significant: In Oklahoma, only local governments have the power to make ad valorem assessments on businesses. Mayes County ad valorem taxes are some of the lowest in Oklahoma and the U.S.

Competitive rates in workers compensation insurance: Oklahoma’s robust insurance market offers ample choice and competitive rates. For more information, see the Oklahoma Insurance Department Website

Low personal income tax rates: Rates range from .5% to 5.5%.


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MidAmerica Fact

Located at the junction of US Highway 69 and US Highway 412, MidAmerica is near some of the nation’s most highly-traveled thoroughfares.

Junction of US 69 and US 412 Fact image
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Latest News

MidAmerica Industrial Park officials break ground on The District and announce new greenfield expansion

Officials at MidAmerica Industrial Park broke ground on The District, a 162-acre development that incorporates retail, residential, parks and trails near the State of Oklahoma’s largest employment center...


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Revolutionizing MidAmerica Industrial Park for Inclusive Growth

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STEM on showcase for students, teachers at MidAmerica Industrial Park Students

Amid the clatter of hands rifling through bins of Legos, Darryl MacKay walked students through robotics one step at a time. He was hoping for a breakthrough — for the...


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Area Leaders Recognized for Workforce Development Efforts

Recently, three area leaders were recognized for their efforts and commitment to northeast Oklahoma through workforce development initiatives. Barbara Hawkins of the Pryor Area Chamber of Commerce, David Stewart, Chief...


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MidAmerica Industrial Park provides $1.4 billion economic impact annually

MidAmerica Industrial Park provides a $1.4 billion economic impact annually according to a report compiled by the Tulsa Regional Chamber. Officials at MidAmerica recently completed the 2016 impact study of its 80 employers...


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MidAmerica Industrial Park announces $1.2 million STEM investment in area school districts

PRYOR — MidAmerica Industrial Park on Monday announced a $1.2 million investment in STEM labs — science, technology, engineering and math — and career centers in all five Mayes County school...


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New Google facility opening in Pryor brings its Oklahoma investment to $2 billion

PRYOR — Google and its uber popular search engine apparently have found a long-term home in Oklahoma.The Internet services company doubled down on its commitment Friday, announcing the opening...


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Northeastern Oklahoma Regional Alliance talks education and workforce at annual summit

PRYOR — Education is vital to workforce development and workforce development is vital to economic development, said Don Raleigh, superintendent of Pryor Public Schools in his opening address at the...


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RSU Aerospace Summer STEM Camp

Rogers State University Pryor will host two new aerospace-themed academies this summer thanks to a grant from the Oklahoma State Regents for Higher Education.AeroCamp Summer Academy will challenge students ...


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