Carmen, OK is a small town located in the Midwest of the United States. It is known for its friendly local population and for being an affordable place to live. The cost of living is quite low, with a two bedroom rent at $630 per month compared to the national average of $1,430. Additionally, Carmen’s grocery cost index sits at 90 compared to the US average of 100. There are many locally owned businesses across Carmen that give it its unique charm. Commonly found companies in Carmen include Baker’s Produce Market, The Fishing Hole bar and grill, What A Cafe diner, and Johnson’s Auto Repair shop.
Carmen has an unemployment rate of 2.1%. The US average is 6.0%.
Carmen has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 9.2%, which is lower than the US average of 33.5%.
Tax Rates for Carmen
- The Sales Tax Rate for Carmen is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Carmen is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Carmen
- The average income of a Carmen resident is $26,219 a year. The US average is $37,638 a year.
- The Median household income of a Carmen resident is $50,781 a year. The US average is $69,021 a year.