Living in Carthage, Tennessee
Cost of living, income, home prices, rent and demographics of Carthage · Census data 2020–2024
Carthage has 2,327 residents with a median age of 38. The median household income is $67,006 (4% lower than the Tennessee median), the median home value is $257,300, the median rent is $934/month.
Carthage at a glance
- Population
- 2,327
- Median age
- 38State: 38.9
- Median household income
- $67,006State: $69,595
- Median home value
- $257,300State: $286,700
- Median rent
- $934/moState: $1,189
- Homeowners
- 62.8%
- Bachelor's degree or higher
- 22.3%
- Average commute
- 25 min
Is Carthage a good place to live?
Pros: Home values 10% lower than the state median; an average commute of 25 minutes; unemployment of 1.3%; a poverty rate of 8.3%.
Cons: Median household income 4% lower than the Tennessee median.
The weather is best in April–May and September–October.
Cost of living in Carthage
Housing is the biggest part of the cost of living. In Carthage the median home value is $257,300, 23% lower than the U.S. median. Renters pay a median of $934 per month, which is 22.9% of household income. Homeowners with a mortgage pay $1,413 a month in housing costs.
Carthage median household income
The median household income in Carthage is $67,006 and the income per person is $31,573. 8.3% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Carthage: homes for sale and rent
- Housing units
- 996
- Owner-occupied
- 62.8%
- Renter-occupied
- 37.2%
- Vacant
- 9.7%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.40
Carthage demographics
- Population
- 2,327
- Median age
- 38
- Under 18
- 19.5%
- 65 and older
- 18.4%
- Households
- 899
- Foreign-born
- 2.2%
- Veterans
- 6.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Carthage ›
Education in Carthage
22.3% of adults 25 and older in Carthage have a bachelor's degree or higher (Tennessee: 31.1%), and 6.7% have a graduate or professional degree.
Jobs and commute in Carthage
- Unemployment rate
- 1.3%State: 4.7%
- Average commute
- 25 minState: 26 min
- Work from home
- 7.2%
- Drive alone
- 84.6%
- Public transit
- 0.4%
- Walk to work
- 0%
- Homes with broadband
- 82.8%
Carthage vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Carthage | 2,327 | $67,006 | $257,300 | $934 |
| South Carthage | 2,364 | $55,662 | $200,300 | $939 |
| Gordonsville | 1,299 | $57,688 | $251,400 | $889 |
| Tuckers Crossroads | 426 | $92,679 | $428,600 | — |
| Alexandria | 1,136 | $50,116 | $220,100 | $789 |
| Hartsville/Trousdale County | 11,957 | $72,747 | $337,600 | $853 |
| Watertown | 1,463 | $68,148 | $250,000 | $1,036 |
| Dowelltown | 434 | $35,313 | $155,700 | $695 |
| Liberty | 406 | $45,781 | $186,500 | $534 |
More for people moving to Carthage
Carthage ZIP code ›Weather and climate ›Living in Carthage: FAQ
What is the median household income in Carthage, TN?
The median household income in Carthage is $67,006, 4% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Carthage?
The median home value in Carthage is $257,300, compared with $286,700 in Tennessee.
How much is rent in Carthage?
The median gross rent in Carthage is $934 per month, about 22.9% of household income.
Is Carthage, TN a good place to live?
Pluses: home values 10% lower than the state median; an average commute of 25 minutes; unemployment of 1.3%; a poverty rate of 8.3%. Minuses: median household income 4% lower than the Tennessee median.
What is the median age in Carthage?
The median age in Carthage is 38 years (Tennessee: 38.9).
How long is the commute in Carthage?
The average commute to work in Carthage is 25 minutes; 7.2% of workers work from home.
What is the unemployment rate in Carthage?
The unemployment rate in Carthage is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Carthage?
22.3% of adults in Carthage have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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