HomeTennesseeSmith CountyCarthage
Carthage, Tennessee: commercial real estate data.
Carthage 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 since FY2020.
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
- 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
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
Flood risk in Carthage
- NFIP communityTown of Carthage
- NFIP community number470176
- Participating in the NFIPYes
- Community Rating System classClass 10
- Currently effective map date02/14/25
The Town of Carthage participates in the National Flood Insurance Program as community 470176 and carries Community Rating System class 10, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Smith County, not Carthage
Smith County context, not Carthage figures
- Establishments in Smith County307
- Covered employment, Smith County5,040
- Average annual pay, Smith County$53,195
- Housing units permitted, Smith County159
Every figure in this section is published for Smith County as a whole and is not a measurement of Carthage.
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, 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 totaling $20,000 since FY2020, 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 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, town of, community 470176, carrying Community Rating System class 10, which is a premium discount for exceeding the program minimum. 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 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?
No. Nothing on this page presents parcel level zoning.
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