Carter County, Kentucky
Income Data
At a Glance
How Carter County Compares
Detailed Income Statistics
Data Story
About Household Income in Carter County, Kentucky
Carter significantly trails national income
Carter County's median household income of $50,389 falls below Kentucky's state average of $55,909 by roughly $5,500, and lags the national median of $74,755 by nearly $24,400. The county earns approximately 67% of typical U.S. household income, facing substantial economic headwinds.
Bottom tier among Kentucky counties
Carter County ranks in the lower quarter of Kentucky's 120 counties for household income, reflecting limited job opportunities and economic challenges. Per capita income of $27,184 trails the state average significantly, indicating concentrated poverty and uneven earnings.
Struggles among eastern peers
Carter's $50,389 median household income trails all nearby counties except Casey ($41,689), placing it among the region's lowest earners. The county significantly lags Caldwell ($57,618), Carlisle ($62,019), and Campbell ($77,271), suggesting limited regional economic momentum.
Housing costs pressuring budgets
Carter's rent-to-income ratio of 16.7% sits in the affordable range, though median income constraints mean typical renters spend roughly $700 monthly. Home values of $126,100 stretch the budgets of median-earning households, limiting affordable homeownership pathways.
Focus on foundational financial security
Carter County residents facing lower incomes should prioritize building emergency savings and accessing free financial counseling services before investing. Explore community development programs, workforce training initiatives, and employer benefits that maximize retirement contributions without strain.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Carter County median
County median: $50,389 per year
vs. County Median
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vs. State Average
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vs. National Median
-33%
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.