HomeTexasPanola CountyCarthage
Carthage, Texas: commercial real estate data.
Carthage is a Census city of 6,601 people across 10.66 square miles of land, in Panola County. Median household income is $51,250, 64.4 percent of occupied homes are owned, and the SBA record carries 11 7(a) approvals to borrowers here worth $11.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Carthage
What Carthage is
- Census place typecity
- Land area10.66 sq mi
- Water area0.02 sq mi
- Population per square mile of land619
- County holding the largest share of its areaPanola 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
- Population6,601
- Median age39.9
- Population under 181,454 plus or minus 335
- Share under 1822.0 percent plus or minus 5.1
- Population 65 and over1,189
- Share 65 and over18.0 percent
- Households2,551
- Family households1,617
- Share of households that are families63.4 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$51,250 plus or minus $10,940
- Per capita income$33,058 plus or minus $6,668
- Civilian labor force2,882
- Employed2,790
- Unemployed92 plus or minus 96
- Unemployment rate3.2 percent plus or minus 3.3
- Adults 25 and over4,321
- Adults 25 and over with a high school diploma or higher83.4 percent
- Adults 25 and over with a bachelor degree or higher14.6 percent plus or minus 4.9
- Adults 25 and over with a graduate degree5.9 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carthage
Housing in Carthage
- Housing units3,061
- Occupied units2,551
- Vacant units510 plus or minus 167
- Vacancy rate16.7 percent plus or minus 5.3
- Owner occupied1,642
- Renter occupied909 plus or minus 241
- Ownership rate64.4 percent
- Median owner-occupied home value$164,200
- Median gross rent, monthly$797 plus or minus $164
- Annual rent as a share of median income18.7 percent plus or minus 5.5
- Single family units2,193
- Share single family71.6 percent
- Units in buildings of two or more602 plus or minus 238
- Share in buildings of two or more19.7 percent plus or minus 7.6
- Mobile homes266 plus or minus 132
- Median year structure built1977
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 commute2,504
- Commuting under 15 minutes1,415 plus or minus 295
- Share commuting under 15 minutes56.5 percent
- Commuting 30 minutes or more697 plus or minus 233
- Share commuting 30 minutes or more27.8 percent plus or minus 8.7
- Drove alone76.4 percent
- Carpooled15.2 percent plus or minus 6.9
- Public transport0.0 percent
- Walked0.6 percent plus or minus 0.7
- Worked from home7.8 percent plus or minus 4.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Carthage
SBA loans in Carthage (7(a))
- Approvals11
- Gross approval$11,208,000
- Average approval$1,018,909
- Median approval$585,000
- Largest approval$3,120,000
- Jobs supported76
- Jobs per approval6.9
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term144 months
- Share on real estate terms of 20 years or more45.5 percent
- Share to franchises9.1 percent
- Distinct lenders9
- Distinct industries by NAICS8
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$1,881,000
- Average approval$940,500
- Median approval$940,500
- Largest approval$1,470,000
- Jobs supported50
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Carthage, in any county, FY2010 to FY2026. Only 1 loan has 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 number480519
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date01/23/79(M)
The City of Carthage participates in the National Flood Insurance Program as community 480519 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.
Panola County, not Carthage
Panola County context, not Carthage figures
- Establishments in Panola County479
- Covered employment, Panola County7,601
- Average annual pay, Panola County$59,410
- Housing units permitted, Panola County17
Every figure in this section is published for Panola 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, Texas?
6,601, in 2,551 households. Carthage city covers 10.66 square miles of land, which is 619 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?
Panola 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?
$51,250. The median owner-occupied home is valued at $164,200. Median gross rent is $797 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?
11 7(a) approvals totaling $11.2 m since FY2020, across 9 lenders, median approval $585,000, plus 2 504 approvals worth $1.9 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 480519, 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 Panola 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.
Nearby