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HomeIllinoisHancock CountyCarthage

Carthage, Illinois: commercial real estate data.

Carthage 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 since FY2020.

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$269,050
  • Largest approval$305,000
  • Jobs supported30
  • Jobs per approval15.0
  • Loans with a final outcome0
  • Paid in full0
  • Charged off0
  • Median term90 months
  • Share on real estate terms of 20 years or more0.0 percent
  • Share to franchises50.0 percent
  • Distinct lenders2
  • Distinct industries by NAICS2

Counted by borrower city: approvals to borrowers whose address is in Carthage, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.

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$1,877,000
  • Largest approval$2,519,000
  • Jobs supported7
  • Loans with a final outcome0
  • Charged off0
  • Median term240 months
  • Distinct CDCs2

Counted by borrower city: approvals to borrowers whose address is in Carthage, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.

US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

Carthage

Flood risk in Carthage

  • NFIP communityCity of Carthage
  • NFIP community number170269
  • Participating in the NFIPYes
  • Community Rating System classNone
  • Currently effective map date10/16/09(M)

The City of Carthage participates in the National Flood Insurance Program as community 170269 and carries no Community Rating System class, so no CRS premium discount applies to it.

Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.

Hancock County, not Carthage

Hancock County context, not Carthage figures

  • Establishments in Hancock County365
  • Covered employment, Hancock County4,144
  • Average annual pay, Hancock County$45,832
  • Housing units permitted, Hancock County2

Every figure in this section is published for Hancock County as a whole and is not a measurement of Carthage.

All Hancock County figures →

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.

Coverage

What this page does not hold.

Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →

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 totaling $538,100 since FY2020, across 2 lenders, median approval $269,050, plus 2 504 approvals worth $3.8 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.

Is Carthage in the National Flood Insurance Program?

Yes. Carthage appears in the FEMA Community Status Book as Carthage, city of, 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 labeled 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?

No. Nothing on this page presents parcel level zoning.