Carter County, Oklahoma: commercial real estate data.
Carter County, Oklahoma has a population of 48,555 across 822 square miles, up 2.4 percent since the 2020 census base. County output reached $3.82 bn in 2024, 1,575 establishments operate here, and the SBA record carries 37 7(a) approvals worth $53.0 m.
120 sourced county values · tier FULL · 11 sections
Carter County
How many people live in Carter County
- Population48,555
- Households19,046
- Average household size2.55
- Median household income$60,723
- Median age38.3
- Median gross rent$980 per month
- Median owner-occupied home value$168,500
- Home value to household income2.8 times
- Annual rent as a share of median income19.4 percent
- Adults 25 and over with a bachelor degree or higher19.9 percent
- Adults 25 and over with a graduate degree6.7 percent
- Adults 25 and over32,464
- Population under 1812,121
- Share under 1825.0 percent
- Population 65 and over8,300
- Share 65 and over17.1 percent
- Working age population, 18 to 6428,134
- Civilian labor force22,594
- Unemployment rate3.8 percent
- Labor force participation, adults 18 and over62.0 percent
- Rank by population among Oklahoma counties17th of 77
- Rank by population among US county-equivalents1033rd
Carter County is the 17th largest of 77 Oklahoma counties by population. A median home costs 2.8 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 25.0 percent against 17.1 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Carter County
Is Carter County growing
- Population change since the 2020 census base2.36 percent
- Census 2020 base population48,003
- Births, 2024596
- Deaths, 2024587
- Natural change, 20249
- Net domestic migration, 2024180
- Net international migration, 202492
- Total net migration, 2024272
- Cumulative net domestic migration, 2021 to 20241,145
- Rank by growth among US county-equivalents1053rd
The county has grown 2.36 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Carter County
Where people moving to Carter County come from
- Tax returns filed by households arriving1,176
- People arriving, from those returns2,265
- Adjusted gross income arriving$69.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$59,480
- Largest single originCarter County Non-migrants (16,409 households)
- Largest single destination (16,409 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Carter County Non-migrants | 16,409 | 34,914 | $1.15 bn |
| Other flows - Different State | 423 | 816 | $34.2 m |
| Other flows - South | 218 | 427 | $21.9 m |
| Other flows - Same State | 162 | 312 | $8.4 m |
| Other flows - West | 147 | 288 | $9.3 m |
| Love County | 116 | 239 | $5.5 m |
| Oklahoma County | 58 | 93 | $-32.5 m |
| Other flows - Midwest | 58 | 101 | $3.0 m |
The largest single source of arrivals is Carter County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Carter County
What the Carter County economy runs on
- County GDP, 2024$3.82 bn
- County GDP, 2023$3.84 bn
- GDP change, 2023 to 2024-0.5 percent
- GDP change over five years51.4 percent
- Rank by GDP among Oklahoma counties11th
- Rank by GDP among US county-equivalents838th
- GDP per resident$78,774
Output grew -0.5 percent in the latest year and 51.4 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Carter County
Who employs people in Carter County
- Covered employment, annual average23,310
- Establishments reporting1,742
- Average annual pay$53,952
- Average weekly wage$1,038
- Sector 44-45, employment3,585
- Sector 44-45, average annual pay$36,761
- Sector 62, employment3,382
- Sector 62, average annual pay$55,398
- Sector 72, employment2,777
- Sector 72, average annual pay$20,223
- Sector 31-33, employment2,554
- Sector 31-33, average annual pay$97,762
- Sector 48-49, employment1,209
- Sector 21, employment1,048
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 3,585 | 248 | $36,761 |
| Sector 62 | 3,382 | 217 | $55,398 |
| Sector 72 | 2,777 | 115 | $20,223 |
| Sector 31-33 | 2,554 | 54 | $97,762 |
| Sector 48-49 | 1,209 | 68 | $64,098 |
| Sector 21 | 1,048 | 102 | $81,787 |
| Sector 56 | 899 | 85 | $45,340 |
| Sector 23 | 854 | 122 | $58,190 |
The largest sector is the biggest private employer group at 3,585 jobs, 15.4 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Carter County
What businesses operate in Carter County
- Establishments, all industries1,575
- Employment at those establishments21,435
- Annual payroll$1.13 bn
- Establishments per 1,000 residents32.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Carter County
What is being built in Carter County
- Housing units authorised by permit, 202459
- Declared construction value permitted$9.5 m
- Single family units authorised59
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$160,813
- Units authorised per 1,000 households3.1
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Carter County
How much SBA lending happens in Carter County
- 7(a) approvals recorded37
- 7(a) gross approval dollars$53.0 m
- Average 7(a) approval$1,432,443
- Median 7(a) approval$896,000
- 10th percentile approval$101,100
- 90th percentile approval$2,825,000
- Largest single approval$4,900,000
- Jobs reported supported, 7(a)425
- Jobs per approval11.5
- Distinct 7(a) lenders active20
- Distinct industries receiving approvals22
- Median 7(a) term246 months
- Share of loans on real estate terms, 240 months or longer56.8 percent
- Loans on real estate terms21
- Loans on working capital terms, 120 months or shorter13
- Franchise loans17
- Franchise share of approvals45.9 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (9)
- Most active lenderBancFirst (5)
- 504 approvals recorded3
- 504 gross approval dollars$971,000
- Average 504 approval$323,667
- Median 504 approval$137,000
- Distinct CDCs active1
- 504 jobs per approval5.7
- 504 jobs per million dollars approved17.5
- Most active CDCRural Enterprises of Oklahoma, Inc. (3)
- 7(a) share of SBA approvals92.5 percent
- Combined SBA approval dollars$54.0 m
The average approval of $1,432,443 sits well above the median of $896,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. 56.8 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Carter County
Do SBA loans in Carter County get paid back
- Loans with a final outcome recorded5
- Paid in full5
- Charged off0
- Status: Exempt from disclosure27
- Status: Paid in full5
- Status: Cancelled3
- Status: Committed, not yet disbursed2
Too few loans have reached a final outcome to publish a charge off rate. only 5 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Carter County
Which parts of Carter County get the lending
- Places in the county with recorded lending5
- ARDMORE, approvals32
- Overbrook, approvals2
- WILSON, approvals1
- GENE AUTRY, approvals1
- LONE GROVE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| ARDMORE | 32 | $49,936,800 |
| Overbrook | 2 | $1,396,200 |
| WILSON | 1 | $1,528,000 |
| GENE AUTRY | 1 | $30,500 |
| LONE GROVE | 1 | $108,900 |
ARDMORE accounts for 32 approvals against 2 in Overbrook. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Carter County
How big is Carter County
- Land area822 sq mi
- Rank by land area among Oklahoma counties36th of 77
- Width, east to west36 mi
- Height, north to south30.1 mi
- Geographies sharing a boundary7
- Residents per square mile of land59
- Establishments per square mile1.92
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Carter County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Carter County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population48,555
- Households19,046
- Average household size2.55
- Median household income$60,723
- Median age38.3
Common questions
Carter County questions, answered from the record.
How many people live in Carter County, Oklahoma?
48,555, in 19,046 households, ranking 17th of 77 Oklahoma counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Carter County growing?
The population has grown 2.36 percent since the 2020 census base. In 2024 there were 596 births against 587 deaths, with net migration of 272. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Carter County?
$60,723. The median owner-occupied home is valued at $168,500, which is 2.8 times income, and median gross rent is $980 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Carter County?
1,575 establishments, employing 21,435 people with an annual payroll of $1.13 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Carter County?
Average annual pay is $53,952, or $1,038 a week, across 23,310 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Carter County?
37 7(a) approvals totalling $53.0 m since FY2020, across 20 lenders, with a median approval of $896,000, plus 3 504 approvals worth $971,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Carter County?
59 housing units were authorised by permit in 2024, with a declared construction value of $9.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Carter County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Carter County come from?
The largest single origin is Carter County Non-migrants, with 16,409 households. Arriving households report an average income of $59,480 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Carter County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Carter County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.