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Carthage, Tennessee Demographics & Population 2026

During the 2020–2024 ACS period, Carthage, Tennessee had a total population of 2,327, the 191st largest town in Tennessee, with a median household income of $67,006, which is 4% lower than the state average. The poverty rate is 8.3%.

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

Key Takeaways

Carthage Quick Facts

Population 2,327
Median Household Income $67,006
Median Home Value $257,300
Poverty Rate 8.3%
Unemployment Rate 1.3%
Median Age 38.0 years
Homeownership Rate 62.8%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 22.3%
High School Graduation Rate 90.3%
Diversity Index 30/100
Population 2,327 191st of 502
Median Income $67,006 above average
Poverty Rate 8.3% 33% lower than national
Median Home Value $257,300 top 30%

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
Population2,3692,327-1.8%
Median household income$65,288$67,006+2.6%
Median home value$239,600$257,300+7.4%

How Carthage Compares

Economy & Housing

Household Income Distribution

Under $25K 21.9%
$25K-$50K 9.1%
$50K-$100K 37.5%
$100K+ 31.5%
Detailed income brackets
Under $10K
8.6%
$10K-$15K
7.1%
$15K-$20K
0.7%
$20K-$25K
5.6%
$25K-$30K
0.0%
$30K-$35K
1.3%
$35K-$40K
3.1%
$40K-$45K
1.2%
$45K-$50K
3.5%
$50K-$60K
14.5%
$60K-$75K
7.7%
$75K-$100K
15.3%
$100K-$125K
10.9%
$125K-$150K
9.0%
$150K-$200K
7.9%
$200K+
3.7%

Employment

1.3% Unemployment Rate State: 4.7%|National: 5.2%
63.6% Labor Force Participation

Housing Overview

Owner 62.8%
Renter 37.2%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $934/mo 16.7% of median household income annually

People & Demographics

Diversity Index

30out of 100
Low Diversity

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

State average: 46 | National average: 61

Education

Carthage Rankings in Tennessee

#191 Population of 502
#164 Median Income of 453
#166 Education of 502
#136 Home Value of 464

Other Cities in Smith County

CityPopulationMedian IncomePovertyHome Value
South Carthage 2,364 $55,662 17.2% $200,300
Gordonsville 1,299 $57,688 5.8% $251,400
Hickman 276 N/A 26.1% $432,400

Cities Similar to Carthage

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gray2,237$69,947$199,40036.8%9.8%
Plainview2,458$63,965$168,50012.2%10.7%
Bluff City2,225$61,059$157,40015.0%15.3%
South Carthage2,364$55,662$200,30018.5%17.2%
Bells2,373$56,027$169,00015.0%25.7%

Population Overview

Carthage is a small community located in Tennessee, within Smith County. The total population is 2,327. It ranks as the 191st most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Carthage is 38.0 years. This is 2% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Carthage is $67,006. This is 4% lower than the state median of $69,595. It is also 17% lower than the national median of $80,734. The poverty rate stands at 8.3%. This is 40% lower than the state poverty rate of 13.8%. The unemployment rate is 1.3%. This is 72% lower than the state rate of 4.7%. The median home value is $257,300. Housing costs are 10% lower than the state median of $286,700. The home-value-to-income ratio is 3.8x. 62.8% of occupied housing units are owner-occupied. This homeownership rate is 6% lower than the state average of 66.9%.

Race & Ethnicity

The largest racial or ethnic group in Carthage is White (non-Hispanic), making up 83.1% of the population. Black or African American residents account for 4.4%. The Black or African American population (4.4%) is well below the state average of 15.4%. The Hispanic or Latino population (3.4%) is well below the state average of 7.4%.

Education

22.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.3%.

Data Sources & Methodology

All demographic data for Carthage, Tennessee 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 Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. 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, Tennessee?

Carthage, Tennessee has a population of 2,327 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Carthage, TN?

The median household income in Carthage is $67,006, which is 17% lower than the national median of $80,734.

What is the poverty rate in Carthage, TN?

The poverty rate in Carthage is 8.3%. This means approximately 179 residents live below the federal poverty line.

What is the racial makeup of Carthage, Tennessee?

Carthage's population is 83.1% White, 4.4% Black, 3.4% Hispanic/Latino, and 1.5% Asian.

What is the median home value in Carthage, TN?

The median home value in Carthage is $257,300. The home-value-to-income ratio is 3.8x.

How educated is Carthage, Tennessee?

22.3% of adults (25+) in Carthage hold a bachelor's degree or higher, and 6.7% hold a graduate or professional degree.