Carthage, TN
Population 2,369 · Tennessee
About Carthage, TN
Carthage is a small town located in Tennessee with a population of 2,369 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,288 per year, which is 13% below the national median of $75,149. The median age of 40.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Carthage features a median home value of $239,600, which is 2% below the national median of $244,900. This positions Carthage in a moderately priced market relative to the rest of the country. Median monthly rent is $820, 29% below the national average of $1,163/month. Of the 977 total housing units, 62% are owner-occupied (569 units) and 38% are renter-occupied (346 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Carthage shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Carthage have an average one-way commute time of 26.4 minutes.
Education & Demographics
20.3% of Carthage residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.6% White, 3.3% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 2.1% of the population being foreign-born.
How Carthage Ranks in Tennessee
Cost of Living in Carthage, TN
Compared to national averages, Carthage has a median household income of $65,288 (13% below the national median of $75,149). Home values average $239,600, which is 2% below the national median. Monthly rent at $820 is 29% below the US average of $1,163. Within Tennessee, Carthage's income is 4% above the state average of $62,849, and home values are 12% above the state median of $214,371.
Why Live in Carthage, TN?
Carthage offers affordable housing with a median home value of $239,600, below the US average of $244,900, and rent that’s lower than the national average at $820/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features a low poverty rate of 10.9%, better than the national average.
Potential considerations include median household income ($65,288) that falls below the national average. However, Carthage’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Carthage has a population of 2,369 with a median age of 40.3 years. Compare Carthage with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Carthage
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dyer | 2,334 | $50,962 | $117,600 | Compare |
| Spring City | 2,299 | $35,957 | $151,600 | Compare |
| Rural Hill | 2,453 | $84,310 | $402,100 | Compare |
| Piperton | 2,457 | $125,982 | $550,200 | Compare |
| Plainview | 2,276 | $61,343 | $151,200 | Compare |
| Mountain City | 2,275 | $36,902 | $186,800 | Compare |
| Bluff City | 2,268 | $59,783 | $147,400 | Compare |
| Gladeville | 2,263 | $94,693 | $457,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Carthage With Other Cities
Frequently Asked Questions about Carthage
What is the population of Carthage, TN?
The population of Carthage, TN is 2,369 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Tennessee.
What is the median household income in Carthage?
The median household income in Carthage, TN is $65,288 per year, which is 13% below the national median of $75,149.
What is the median home value in Carthage?
The median home value in Carthage, TN is $239,600, which is 2% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Carthage?
The median monthly rent in Carthage, TN is $820, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Carthage?
The unemployment rate in Carthage, TN is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Carthage, TN a good place to live?
Carthage offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,369 and a median age of 40.3, the city appeals to a broad range of residents.
How educated is Carthage, TN?
20.3% of residents in Carthage aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Carthage?
Key cost-of-living indicators for Carthage, TN: median home value is $239,600 (2% below national), median rent is $820/month, and median household income is $65,288. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Carthage?
The poverty rate in Carthage, TN is 10.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Carthage, TN?
Carthage's population is 1.6% White, 3.3% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 5.3% two or more races. 2.1% of residents are foreign-born.