HomeMississippiLeake CountyCarthage city
Carthage city, Mississippi: commercial real estate data.
Carthage city is a Census city of 4,866 people across 9.29 square miles of land, in Leake County. Median household income is $42,254, 65.4 percent of occupied homes are owned, and the SBA record carries 23 7(a) approvals to borrowers here worth $23.4 m.
66 sourced place values · tier FULL · 7 sections
Carthage
What Carthage is
- Census place typecity
- Land area9.29 sq mi
- Water area0.05 sq mi
- Population per square mile of land524
- County holding the largest share of its areaLeake 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
- Population4,866
- Median age35.6
- Population under 181,325 plus or minus 310
- Share under 1827.2 percent plus or minus 6.4
- Population 65 and over1,007 plus or minus 248
- Share 65 and over20.7 percent plus or minus 5.1
- Households1,458
- Family households940
- Share of households that are families64.5 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$42,254 plus or minus $14,824
- Per capita income$21,644
- Civilian labor force1,772
- Employed1,633 plus or minus 360
- Unemployed139 plus or minus 95
- Unemployment rate7.8 percent plus or minus 5.1
- Adults 25 and over3,012
- Adults 25 and over with a high school diploma or higher87.9 percent
- Adults 25 and over with a bachelor degree or higher19.6 percent plus or minus 5.9
- Adults 25 and over with a graduate degree12.0 percent plus or minus 4.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carthage
Housing in Carthage
- Housing units1,565
- Occupied units1,458
- Vacant units107 plus or minus 83
- Vacancy rate6.8 percent plus or minus 5.3
- Owner occupied953
- Renter occupied505 plus or minus 145
- Ownership rate65.4 percent
- Median owner-occupied home value$154,800
- Median gross rent, monthly$705 plus or minus $487
- Annual rent as a share of median income20.0 percent plus or minus 15.5
- Single family units1,268
- Share single family81.0 percent
- Units in buildings of two or more209 plus or minus 114
- Share in buildings of two or more13.4 percent plus or minus 7.1
- Mobile homes39 plus or minus 49
- Median year structure built1979
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 commute1,206 plus or minus 275
- Commuting under 15 minutes547 plus or minus 194
- Share commuting under 15 minutes45.4 percent plus or minus 12.3
- Commuting 30 minutes or more543 plus or minus 237
- Share commuting 30 minutes or more45.0 percent plus or minus 16.8
- Drove alone62.4 percent
- Carpooled8.2 percent plus or minus 6.3
- Public transport3.8 percent plus or minus 5.8
- Walked1.9 percent plus or minus 2.2
- Worked from home23.1 percent plus or minus 10.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carthage
SBA 7(a) lending to Carthage borrowers
- Approvals23
- Gross approval$23,358,900
- Average approval$1,015,604
- Median approval$770,000
- Ninetieth percentile approval$1,985,000
- Largest approval$5,000,000
- Jobs supported106
- Jobs per approval4.6
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term180 months
- Share on real estate terms of 20 years or more13.0 percent
- Share to franchises4.3 percent
- Distinct lenders8
- Distinct industries by NAICS11
A charge-off rate is not published here. only 5 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.
Leake County, not Carthage
Leake County context, not Carthage figures
These are Leake 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 Leake County320
- Employment at those establishments, Leake County5,160
- Covered employment, Leake County5,416
- Average annual pay, Leake County$39,257
- Average weekly wage, Leake County$755
- Housing units permitted, Leake County0
- Of those, single family, Leake County0
- County product, 2024, Leake County$897,195,000
- County product change over the prior year, Leake County18.8 percent
- Average income of an arriving household, Leake County$38,536
Every figure in this section is published for Leake 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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, Mississippi?
4,866, in 1,458 households. Carthage city covers 9.29 square miles of land, which is 524 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?
Leake 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?
$42,254. The median owner-occupied home is valued at $154,800. Median gross rent is $705 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?
23 7(a) approvals totalling $23.4 m, across 8 lenders, median approval $770,000. 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 5 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.
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 Leake 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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