Carthage town, Indiana Demographics & Population 2026
As of 2026, Carthage town, Indiana has a total population of 754, the 422nd largest city in Indiana, with a median household income of $42,500, which is 39% lower than the state average. The poverty rate is 30.6%.
Key Takeaways
- Household income is 39% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (30.6%), well above the national average of 12.4%.
- Only 5.6% of adults have a bachelor's degree, well below the national average of 35.0%.
- Housing is very affordable with a home-value-to-income ratio of just 2.1x.
Carthage town Quick Facts
How Carthage town Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Carthage town Rankings in Indiana
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Cities Similar to Carthage town
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Mount Summit town | 742 | N/A | $211,000 | 18.5% | 8.8% |
| Royal Center town | 747 | $47,422 | $84,100 | 21.1% | 18.3% |
| Walton town | 734 | $46,176 | $89,200 | 9.6% | 18.0% |
| Shoals town | 700 | $43,304 | $114,300 | 12.8% | 22.1% |
| Fountain City town | 718 | $46,106 | $96,900 | 13.6% | 15.8% |
Population Overview
Carthage town is a small community located in Indiana. The total population is 754. It ranks as the 422nd most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in Carthage town is 36.4 years. This is 4% lower than the state median of 38.0 years. With 30.4% of the population under 18, Carthage town has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Carthage town is $42,500. This is 39% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 46% lower. The poverty rate stands at 30.6%. This is 151% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 7.6%. This is 78% higher than the state rate of 4.3%. The median home value is $88,900. Housing costs are 56% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.1x, Carthage town is one of the most affordable housing markets in the area. 57.6% of occupied housing units are owner-occupied. This homeownership rate is 18% lower than the state average of 70.3%.
Race & Ethnicity
Carthage town has a predominantly White (non-Hispanic) population, comprising 95.5% of all residents. Hispanic or Latino residents account for 2.1%. The Hispanic or Latino population (2.1%) is well below the state average of 8.4%.
Education
5.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 81% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.9%.
Data Sources & Methodology
All demographic data for Carthage town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Carthage town, Indiana?
Carthage town, Indiana has a population of 754 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Carthage town, IN?
The median household income in Carthage town is $42,500, which is 46% lower the national median of $78,538.
What is the poverty rate in Carthage town, IN?
The poverty rate in Carthage town is 30.6%. This means approximately 219 residents live below the federal poverty line.
What is the racial makeup of Carthage town, Indiana?
Carthage town's population is 95.5% White, 0.0% Black, 2.1% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Carthage town, IN?
The median home value in Carthage town is $88,900. The home-value-to-income ratio is 2.1x.
How educated is Carthage town, Indiana?
5.6% of adults (25+) in Carthage town hold a bachelor's degree or higher, and 2.4% hold a graduate or professional degree.