Carter, OK is a small city located in southeastern Oklahoma. It has a population of just over 5,000 people and is situated in an agricultural area with several local farmers. The cost of living in Carter is quite low, with the average two bedroom rent being $890 compared to the national average of $1,430. Additionally, the Grocery Cost Index for Carter is 91 versus 100 in the US. There are several businesses that operate in and around Carter such as True Value Hardware Store, Ram Country Supermarket, Bank of America and Tractor Supply Co. Residents can also find a range of services such as healthcare providers, banks and restaurants near Carter.
Carter has an unemployment rate of 5.0%. The US average is 6.0%.
Carter has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Carter
- The Sales Tax Rate for Carter is 4.8%. The US average is 7.3%.
- The Income Tax Rate for Carter 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 Carter
- The average income of a Carter resident is $28,679 a year. The US average is $37,638 a year.
- The Median household income of a Carter resident is $49,167 a year. The US average is $69,021 a year.