MidAmerica | 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. 

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


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MidAmerica Fact

Southern Business & Development Magazine selected MidAmerica as one of the Top 10 Super Sites Across the South.

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Latest News

MidAmerica partners with i2E to launch innovative pilot program fostering entrepreneurial education

MidAmerica, in collaboration with i2E (Innovation to Enterprise), is set to launch an innovative pilot program known as the MidAmerica Cup business plan competition this fall. The initiative...


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MIDAMERICA NEWSLETTER VOL. 2023.01

MidAmerica's newsletter highlights Park updates, companies located in the Park, a message from Chief Administrative Officer David Stewart and much more. To read our most recent edition, Volume 2023.01,...


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MidAmerica hosts third annual STEM Showcase at Mayes County Fairgrounds

MidAmerica hosted its 3rd Annual STEM Showcase at the Mayes County Fairgrounds on March 28, 2023. More than 750 fifth-grade students and educators from Mayes, Wagoner, Delaware, and Craig counties attended a day...


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MidAmerica Industrial Park launches STEM fishing program

Twelve fifth-graders participate in pilot programLocated in Eastern Oklahoma and in the foothills of the Ozark mountains, MidAmerica boasts a variety of outdoor activities for its residents. Hunting, fishing,...


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MidAmerica Hires Two Construction Project Managers

Matt Buck Project Manager – Construction Along with the variety of projects he is soon going to embark on, Matt Buck, is most thrilled to be helping bring more...


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The Evolution of Oklahoma’s MidAmerica Industrial Park

Originally a munitions plant during WWII, Oklahoma’s MidAmerica Industrial Park has a rich history of re-invention and transformation.More than 60 years ago, the Oklahoma legislature formed a public...


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Life in our Neck of the Woods: Showcasing the MidAmerica’s regional quality life assets

MidAmerica’s “Life in Our Neck of the Woods” is a campaign to recruit new workers and citizens to the four corners region, or Mayes County. The...


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Company Spotlight: Berry Global

Berry Global, a Fortune 500 company that specializes in plastic packaging products, is making significant strides in improving its employee culture. The company recognizes the importance of employee engagement and is...


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Letter from Dave Stewart

Recently, I had the privilege of presenting the “State of the Park” address to our local chamber. We have come a long way in 60-plus years. As I...


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MidAmerica Industrial Park presents first ever ice skating rink in Mayes County

The spectacular winter attraction, District on Ice, opened November 26This holiday season, MidAmerica Industrial Park unveiled the first ever holiday ice-skating rink in Mayes County. ‘District on Ice’...


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