HomeTexasPanola CountyCarthage city
Carthage city, Texas: commercial real estate data.
Carthage city 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.
80 sourced place values · tier FULL · 9 sections
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 7(a) lending to Carthage borrowers
- Approvals11
- Gross approval$11,208,000
- Average approval$1,018,909
- Median approval$585,000
- Ninetieth percentile approval$2,315,000
- 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
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.
Carthage
SBA 504 lending to Carthage borrowers
- Approvals2
- Gross approval$1,881,000
- Average approval$940,500
- Median approval$1,470,000
- Largest approval$1,470,000
- Jobs supported50
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Carthage
Flood programme status in Carthage
- Listed NFIP communities1
- Of those, participating1
- NFIP community number480519
- Currently effective map date01/23/79(M)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Panola County, not Carthage
Panola County context, not Carthage figures
These are Panola 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 Panola County479
- Employment at those establishments, Panola County6,733
- Covered employment, Panola County7,601
- Average annual pay, Panola County$59,410
- Average weekly wage, Panola County$1,142
- Housing units permitted, Panola County17
- Of those, single family, Panola County5
- County product, 2024, Panola County$2,361,143,000
- County product change over the prior year, Panola County-20.0 percent
- Average income of an arriving household, Panola County$60,128
Every figure in this section is published for Panola 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.
- 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, 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 totalling $11.2 m, across 9 lenders, median approval $585,000, plus 2 504 approvals worth $1.9 m. 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.
Is Carthage in the National Flood Insurance Program?
Yes. Carthage appears in the FEMA Community Status Book as 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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