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Carthage, Tennessee

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
2,327
Population
$67,006
Median Income
$257,300
Home Value
38.0
Median Age

Demographics

Carthage has a population of 2,327 with a median age of 38.0. Here is the racial and ethnic breakdown of the population:

White
84.4%
Other
6.3%
Black
4.4%
Hispanic
3.4%
Asian
1.5%
Demographic Value
Total Population2,327
Median Age38.0
White84.4%
Black or African American4.4%
Asian1.5%
Hispanic or Latino3.4%
Other / Two or More Races6.3%
Carthage, Tennessee — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 84.4%Other: 6.3%Black: 4.4%Hispanic/Latino: 3.4%Other: 1.5%2,327PopulationWhiteWhite84.4%OtherOther6.3%BlackBlack4.4%Hispanic/LatinoHispanic/Latino3.4%OtherOther1.5%

Income & Economy

The median household income in Carthage is $67,006, which is 16.9% below the national median of $80,610. The per capita income is $31,573. The poverty rate is 8.3%.

$67,006
Median Household Income
$31,573
Per Capita Income
8.3%
Poverty Rate

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Education

In Carthage, 90.2% of residents age 25+ have a high school diploma or higher, and 22.3% hold a bachelor's degree or higher (6.7% with a graduate or professional degree).

HS Diploma+
90.2%
Bachelor's+
22.3%
Graduate+
6.7%
Education Level % of Adults (25+)
High School Diploma or Higher90.2%
Bachelor's Degree or Higher22.3%
Graduate or Professional Degree6.7%

Housing

The median home value in Carthage is $257,300, below the national median of $303,400. The median monthly rent is $934. The homeownership rate is 62.8%.

$257,300
Median Home Value
$934/mo
Median Rent
62.8%
Homeownership Rate
Housing Metric Value
Median Home Value$257,300
Median Monthly Rent$934
Homeownership Rate62.8%
Vacancy Rate9.7%

Salaries in Tennessee

Explore salary data for popular occupations in Tennessee:

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Other Cities in Tennessee

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Frequently Asked Questions

What is the population of Carthage, Tennessee?
The population of Carthage, Tennessee is 2,327 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Carthage, Tennessee?
The median household income in Carthage, Tennessee is $67,006. This is 16.9% below the national median of $80,610.
What is the median home value in Carthage, Tennessee?
The median home value in Carthage, Tennessee is $257,300. The median monthly rent is $934.
What percentage of people in Carthage have a college degree?
In Carthage, Tennessee, 22.3% of adults age 25 and older hold a bachelor's degree or higher, and 90.2% have a high school diploma or higher.
Is Carthage, Tennessee an affordable place to live?
The home price-to-income ratio in Carthage, Tennessee is 3.8x (median home value $257,300 vs. median income $67,006), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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