Carthage, MO Economy


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Carthage, Missouri is a city in Jasper County located near the states of Kansas and Oklahoma. It is known for its housing affordability with a two-bedroom rental averaging around $820 per month - much lower than the national average of $1,430. Carthage also has cheaper costs for groceries compared to the US at 94 index points versus 100 in the US. Local companies in Carthage include Leggett & Platt, Inc., which designs and produces engineered components and products used in furniture, automotive and other industries; 3M Company, a multinational conglomerate that develops various products including adhesives, abrasives, personal protective equipment; and Dairy Farmers of America Cooperative - one of the largest dairy cooperatives in the US providing milk processing services.

Carthage has an unemployment rate of 3.9%. The US average is 6.0%.

Carthage has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Carthage
- The Sales Tax Rate for Carthage is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Carthage is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Carthage
- The average income of a Carthage resident is $19,533 a year. The US average is $37,638 a year.
- The Median household income of a Carthage resident is $41,378 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarthage, MissouriUnited States
  3.96
  -4.3%-6.2%
  24.2%33.5%
  5.5%6.2%
  5.4%4.6%
  $19,533$37,638
  $41,378$69,021
  $45,302$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  6.9%6.8%
  22.6%10.0%
  3.3%2.5%
  11.9%11.0%
  3.8%4.8%
  0.9%0.8%
  1.0%1.9%
  2.0%4.7%
  0.6%1.9%
  2.8%7.6%
  0.4%0.1%
  5.6%4.2%
  9.5%9.3%
  11.9%14.0%
  0.3%2.1%
  8.3%7.0%
  6.2%4.8%
  1.5%4.7%
Reviews for Carthage
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Over 13 years ago

Last year my wife and I moved to Carthage from the Pacific Northwest. Even before we purchased our home, the people of Carthage welcomed us in the spirit of  More

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