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Carthage, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Carthage, Indiana had a total population of 675, the 442nd largest town in Indiana, with a median household income of $51,731, which is 28% lower than the state average. The poverty rate is 20.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Carthage Quick Facts

Population 675
Median Household Income $51,731
Median Home Value $89,800
Poverty Rate 20.2%
Unemployment Rate 7.6%
Median Age 39.2 years
Homeownership Rate 67.3%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 5.4%
High School Graduation Rate 84.2%
Diversity Index 6/100
Population 675 442nd of 967
Median Income $51,731 bottom 30%
Poverty Rate 20.2% 62% higher than national
Median Home Value $89,800 bottom 20%

How Carthage Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population754675-10.5%
Median household income$42,500$51,731+21.7%
Median home value$88,900$89,800+1.0%

How Carthage Compares

Economy & Housing

Household Income Distribution

Under $25K 23.2%
$25K-$50K 23.5%
$50K-$100K 32.7%
$100K+ 20.6%
Detailed income brackets
Under $10K
8.5%
$10K-$15K
2.6%
$15K-$20K
8.8%
$20K-$25K
3.3%
$25K-$30K
3.3%
$30K-$35K
6.6%
$35K-$40K
3.3%
$40K-$45K
8.1%
$45K-$50K
2.2%
$50K-$60K
7.7%
$60K-$75K
14.7%
$75K-$100K
10.3%
$100K-$125K
9.9%
$125K-$150K
8.8%
$150K-$200K
1.8%
$200K+
0.0%

Employment

7.6% Unemployment Rate State: 4.3%|National: 5.2%
58.5% Labor Force Participation

Housing Overview

Owner 67.3%
Renter 32.7%
Affordability Index Very Affordable
1.7x home value to income ratio
Median gross rent $848/mo 19.7% of median household income annually

People & Demographics

Diversity Index

6out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Carthage Rankings in Indiana

#442 Population of 967
#623 Median Income of 796
#778 Education of 966
#718 Home Value of 818

Other Cities in Rush County

CityPopulationMedian IncomePovertyHome Value
Rushville 6,036 $53,434 17.3% $127,300
Arlington 678 $57,841 13.1% $131,300
Milroy 522 $83,164 4.5% $132,100
Manilla 328 $51,765 7.3% $102,500

Cities Similar to Carthage

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Dana652$52,791$55,5004.4%21.9%
St. Meinrad646$52,402$315,20032.0%15.0%
Mount Summit713N/A$214,10017.2%4.9%
Gaston710$52,292$90,00012.3%15.4%
Arlington678$57,841$131,30019.3%13.1%

A note before these figures: with a population of 675, Carthage's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Carthage is a small community located in Indiana, within Rush County. The total population is 675. It ranks as the 442nd most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Carthage is 39.2 years. This is 3% higher than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Carthage is $51,731. This is 28% lower than the state median of $71,957. It is also 36% lower than the national median of $80,734. The poverty rate stands at 20.2%. This is 63% higher than the state poverty rate of 12.3%. 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 77% higher than the state rate of 4.3%. The median home value is $89,800. Housing costs are 59% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.7x, Carthage is one of the most affordable housing markets in the area. 67.3% of occupied housing units are owner-occupied. This homeownership rate is 5% lower than the state average of 70.5%.

Race & Ethnicity

Carthage has a predominantly White (non-Hispanic) population, comprising 97.2% of all residents. Hispanic or Latino residents account for 1.5%. The Hispanic or Latino population (1.5%) is well below the state average of 8.6%.

Education

5.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 82% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.2%.

Data Sources & Methodology

All demographic data for Carthage, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Carthage, Indiana?

Carthage, Indiana has a population of 675 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Carthage, IN?

The median household income in Carthage is $51,731, which is 36% lower than the national median of $80,734.

What is the poverty rate in Carthage, IN?

The poverty rate in Carthage is 20.2%. This means approximately 136 residents live below the federal poverty line.

What is the racial makeup of Carthage, Indiana?

Carthage's population is 97.2% White, 0.0% Black, 1.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Carthage, IN?

The median home value in Carthage is $89,800. The home-value-to-income ratio is 1.7x.

How educated is Carthage, Indiana?

5.4% of adults (25+) in Carthage hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.