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Carthage, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
675
Population
$51,731
Median Income
$89,800
Home Value
39.2
Median Age

Demographics

Carthage has a population of 675 with a median age of 39.2. Here is the racial and ethnic breakdown of the population:

White
98.7%
Hispanic
1.5%
Demographic Value
Total Population675
Median Age39.2
White98.7%
Hispanic or Latino1.5%
Carthage, Indiana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.5%Other: 1.5%675PopulationWhiteWhite98.5%OtherOther1.5%

Income & Economy

The median household income in Carthage is $51,731, which is 35.8% below the national median of $80,610. The per capita income is $24,451. The poverty rate is 20.1%.

$51,731
Median Household Income
$24,451
Per Capita Income
20.1%
Poverty Rate

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Education

In Carthage, 84.2% of residents age 25+ have a high school diploma or higher, and 5.4% hold a bachelor's degree or higher (2.5% with a graduate or professional degree).

HS Diploma+
84.2%
Bachelor's+
5.4%
Graduate+
2.5%
Education Level % of Adults (25+)
High School Diploma or Higher84.2%
Bachelor's Degree or Higher5.4%
Graduate or Professional Degree2.5%

Housing

The median home value in Carthage is $89,800, below the national median of $303,400. The median monthly rent is $848. The homeownership rate is 67.3%.

$89,800
Median Home Value
$848/mo
Median Rent
67.3%
Homeownership Rate
Housing Metric Value
Median Home Value$89,800
Median Monthly Rent$848
Homeownership Rate67.3%
Vacancy Rate14.2%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Carthage, Indiana?
The population of Carthage, Indiana is 675 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Carthage, Indiana?
The median household income in Carthage, Indiana is $51,731. This is 35.8% below the national median of $80,610.
What is the median home value in Carthage, Indiana?
The median home value in Carthage, Indiana is $89,800. The median monthly rent is $848.
What percentage of people in Carthage have a college degree?
In Carthage, Indiana, 5.4% of adults age 25 and older hold a bachelor's degree or higher, and 84.2% have a high school diploma or higher.
Is Carthage, Indiana an affordable place to live?
The home price-to-income ratio in Carthage, Indiana is 1.7x (median home value $89,800 vs. median income $51,731), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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