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

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 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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Latest News

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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MidAmerica Industrial Park and Rogers State University partner to develop associate degree program

MidAmerica Industrial Park and Rogers State University have partnered to develop an associate degree program in Process Technology and Automation. The technology studies program, which launches this spring, allows students...


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MidAmerica Gives Back

MidAmerica Industrial Park partnered with Mayes County DHS to donate free skate time to local foster familiesChildren were invited to bundle up, strap on some skates and take to...


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Canoo Announces EV Battery Module Manufacturing Facility in Oklahoma

Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company has announced a battery module manufacturing facility at MidAmerica Industrial Park in Pryor, OK. The new facility will expand Canoo&rsquo...


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EVENTS: Lights On

MidAmerica’s The District transformed into a winter wonderland on Nov. 26 for the annual Lights On event and opening of the first-ever ice rink.The event featured free photos...


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Latest News

MidAmerica engages Design Workshop to assist Mayes County communities in regional planning for anticipated population increase and business expansion

Consultants are assisting six municipalities in identifying priority projects to support long-term growth MidAmerica Industrial Park leadership recently engaged Design Workshop, a land planning, landscape architecture, and urban design...


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MAIP COMPANY SPOTLIGHT: Did you know?

DID YOU KNOW? LSB Industries is a leading North American chemical producer who employs approximately 600 individuals, of which approximately 120 are at their Pryor location. They manufacture and sell nitrogen-based chemical...


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MidAmerica Industrial Parks’ are preparing Oklahoma’s only mega site and Mayes County communities for a major, new employer

MidAmerica Industrial Park leadership recently engaged Design Workshop, a land planning, landscape architecture, and urban design firm based in Ashville, N.C. to assist Mayes County communities with regional planning....


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MidAmerica Newsletter Vol. 2022.02

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 2022.02,...


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