Oklahoma
Moderate tax burden · COL index 87
Wins 7 categories
Tennessee
Low tax burden · COL index 92
Wins 8 categories
Tennessee has no state income tax. Oklahoma's top rate is 4.75%. Property taxes are meaningfully different: Oklahoma averages 0.85% annually vs Tennessee's 0.45%. The median home in Tennessee costs $350K vs $215K in Oklahoma.
Taxes
Housing & Cost of Living
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Healthcare
Education
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Utilities & Daily Costs
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Category wins
7
Oklahoma
8
Tennessee
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Tennessee was among the top-ranked states for growth in 2024, according to a new Growth Index report. The Volunteer state ranked #5 on the list behind South Carolina, Texas, North Carolina and Florida. Those are the same top five growth states as in 2023, in a slightly different order.