HomeTennesseeSmith CountyCarthage town
Carthage town, Tennessee: commercial real estate data.
Carthage town is a Census town of 2,327 people across 2.90 square miles of land, in Smith County. Median household income is $67,006, 62.8 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $20,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Carthage
What Carthage is
- Census place typetown
- Land area2.9 sq mi
- Water area0 sq mi
- Population per square mile of land802 plus or minus 160
- County holding the largest share of its areaSmith 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
- Population2,327 plus or minus 465
- Median age38.0
- Population under 18454 plus or minus 151
- Share under 1819.5 percent plus or minus 5.2
- Population 65 and over429 plus or minus 135
- Share 65 and over18.4 percent plus or minus 4.5
- Households899
- Family households558
- Share of households that are families62.1 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$67,006 plus or minus $14,870
- Per capita income$31,573
- Civilian labor force1,231
- Employed1,215
- Unemployed16 plus or minus 17
- Unemployment rate1.3 percent plus or minus 1.4
- Adults 25 and over1,723
- Adults 25 and over with a high school diploma or higher90.2 percent plus or minus 23.7
- Adults 25 and over with a bachelor degree or higher22.3 percent plus or minus 6.6
- Adults 25 and over with a graduate degree6.7 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carthage
Housing in Carthage
- Housing units996
- Occupied units899
- Vacant units97 plus or minus 58
- Vacancy rate9.7 percent plus or minus 5.6
- Owner occupied565 plus or minus 118
- Renter occupied334 plus or minus 114
- Ownership rate62.8 percent
- Median owner-occupied home value$257,300
- Median gross rent, monthly$934 plus or minus $235
- Annual rent as a share of median income16.7 percent plus or minus 5.6
- Single family units755
- Share single family75.8 percent
- Units in buildings of two or more241 plus or minus 90
- Share in buildings of two or more24.2 percent plus or minus 8.3
- Mobile homes0
- Median year structure built1965
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 commute1,114 plus or minus 233
- Commuting under 15 minutes501 plus or minus 148
- Share commuting under 15 minutes45.0 percent plus or minus 9.4
- Commuting 30 minutes or more453 plus or minus 177
- Share commuting 30 minutes or more40.7 percent plus or minus 13.4
- Drove alone84.6 percent
- Carpooled4.6 percent plus or minus 2.5
- Public transport0.4 percent plus or minus 0.7
- Walked0.0 percent
- Worked from home7.2 percent plus or minus 3.8
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$20,000
- Average approval$10,000
- Median approval$10,000
- Ninetieth percentile approval$10,000
- Largest approval$10,000
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
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.
Smith County, not Carthage
Smith County context, not Carthage figures
These are Smith 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 Smith County307
- Employment at those establishments, Smith County4,921
- Covered employment, Smith County5,040
- Average annual pay, Smith County$53,195
- Average weekly wage, Smith County$1,023
- Housing units permitted, Smith County159
- Of those, single family, Smith County131
- County product, 2024, Smith County$842,870,000
- County product change over the prior year, Smith County-5.6 percent
- Average income of an arriving household, Smith County$55,567
Every figure in this section is published for Smith 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, Tennessee?
2,327, in 899 households. Carthage town covers 2.90 square miles of land, which is 802 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?
Smith 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?
$67,006. The median owner-occupied home is valued at $257,300. Median gross rent is $934 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 $20,000, across 1 lenders, median approval $10,000. 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 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.
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 Smith 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.
Nearby