HomeIllinoisHancock CountyCarthage city
Carthage city, Illinois: commercial real estate data.
Carthage city is a Census city of 2,291 people across 2.51 square miles of land, in Hancock County. Median household income is $77,004, 72.6 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $538,100.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Carthage
What Carthage is
- Census place typecity
- Land area2.51 sq mi
- Water area0.01 sq mi
- Population per square mile of land912
- County holding the largest share of its areaHancock County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carthage
How many people live in Carthage
- Population2,291
- Median age47.1
- Population under 18349 plus or minus 96
- Share under 1815.2 percent plus or minus 4.0
- Population 65 and over536 plus or minus 122
- Share 65 and over23.4 percent plus or minus 4.9
- Households1,081
- Family households585
- Share of households that are families54.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carthage
Income and work in Carthage
- Median household income$77,004
- Per capita income$40,867
- Civilian labor force1,265
- Employed1,264
- Unemployed1 plus or minus 6
- Unemployment rate0.1 percent plus or minus 0.5
- Adults 25 and over1,740
- Adults 25 and over with a high school diploma or higher94.2 percent
- Adults 25 and over with a bachelor degree or higher34.5 percent plus or minus 9.2
- Adults 25 and over with a graduate degree7.5 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carthage
Housing in Carthage
- Housing units1,323
- Occupied units1,081
- Vacant units242 plus or minus 85
- Vacancy rate18.3 percent plus or minus 6.2
- Owner occupied785
- Renter occupied296 plus or minus 84
- Ownership rate72.6 percent
- Median owner-occupied home value$112,900
- Median gross rent, monthly$680
- Annual rent as a share of median income10.6 percent
- Single family units1,019
- Share single family77.0 percent
- Units in buildings of two or more281 plus or minus 107
- Share in buildings of two or more21.2 percent plus or minus 7.9
- Mobile homes23 plus or minus 27
- Median year structure built1957
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carthage
How Carthage gets to work
- Workers 16 and over who commute1,213
- Commuting under 15 minutes492 plus or minus 117
- Share commuting under 15 minutes40.6 percent plus or minus 8.4
- Commuting 30 minutes or more444 plus or minus 136
- Share commuting 30 minutes or more36.6 percent plus or minus 10.4
- Drove alone91.6 percent
- Carpooled5.1 percent plus or minus 3.5
- Public transport0.2 percent plus or minus 0.3
- Walked1.4 percent plus or minus 2.5
- Worked from home1.4 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carthage
SBA loans in Carthage (7(a))
- Approvals2
- Gross approval$538,100
- Average approval$269,050
- Median approval$305,000
- Ninetieth percentile approval$305,000
- Largest approval$305,000
- Jobs supported30
- Jobs per approval15.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises50.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Carthage
SBA loans in Carthage (504)
- Approvals2
- Gross approval$3,754,000
- Average approval$1,877,000
- Median approval$2,519,000
- Largest approval$2,519,000
- Jobs supported7
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Carthage
Flood risk in Carthage
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170269
- Currently effective map date10/16/09(M)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Hancock County, not Carthage
Hancock County context, not Carthage figures
These are Hancock County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Carthage measurements.
- Establishments in Hancock County365
- Employment at those establishments, Hancock County2,706
- Covered employment, Hancock County4,144
- Average annual pay, Hancock County$45,832
- Average weekly wage, Hancock County$881
- Housing units permitted, Hancock County2
- Of those, single family, Hancock County2
- County product, 2024, Hancock County$824,425,000
- County product change over the prior year, Hancock County4.8 percent
- Average income of an arriving household, Hancock County$50,758
Every figure in this section is published for Hancock County as a whole and is not a measurement of Carthage. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
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.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Carthage questions, answered from the record.
How many people live in Carthage, Illinois?
2,291, in 1,081 households. Carthage city covers 2.51 square miles of land, which is 912 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Carthage in?
Hancock County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Carthage?
$77,004. The median owner-occupied home is valued at $112,900. Median gross rent is $680 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Carthage businesses?
2 7(a) approvals totalling $538,100, across 2 lenders, median approval $305,000, plus 2 504 approvals worth $3.8 m. These count approvals to borrowers whose address is in Carthage, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Carthage borrowers get paid back?
No rate is published for Carthage. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Carthage in the National Flood Insurance Program?
Yes. Carthage appears in the FEMA Community Status Book as community 170269, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Carthage figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hancock County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Carthage.
Is zoning published for Carthage?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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