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Carthage, TN
Full City Profile · Tennessee · Smith County County
3.1
/5.0
B
Good
2,369
Population
817/sq mi density
$65,288
Median Income
$29,305 per capita
$239,600
Home Value
$270,391 Zillow
$820
Median Rent
23.9% income on rent
59°F
Avg Temperature
299 sunny days/yr
264
Violent Crime/100K
2,153 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$65,288 median income, 0.6% unemployment
A+
Affordability
4.6 / 5.0
$239,600 home value, $820/mo rent
F
Safety
1.0 / 5.0
264 violent crimes/100K
C+
Education
2.6 / 5.0
20.3% bachelor's degree or higher
Housing Overview
Median Home Value
$239,600
15% below
US avg: $281,900
Median Rent
$820/mo
29% below
US avg: $1,163/mo
Homeownership Rate
62.2%
5% below US avg (65.4%)
Total Housing Units
1,010
Median year built: 1960
Home Value by Source
Census Median
$239,600
Zillow (ZHVI)
$270,391
Median Sale Price
$219,900
Median List Price
$300,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.2%
Owner-Occupied
37.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$820/mo
Market Indicators (Redfin)
Median Days on Market
75 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
18.8%
of listings with price reduction
Price Per Sq Ft
$163
Active Inventory
16
homes for sale
Affordability & Housing Stock
Rent Burden
23.9%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
62.2%
Complete Housing Data
Home Values
| Census Median Value | $239,600 |
| Zillow Home Value (ZHVI) | $270,391 |
| Median Sale Price | $219,900 |
| Median List Price | $300,000 |
| Price Per Sq Ft | $163 |
Rent
| Census Median Rent | $820 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
| Days on Market | 75 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.8% |
| Homes Sold | 3 |
| Active Inventory | 16 |
| Price Per Sq Ft | $163 |
Ownership & Stock
| Owner-Occupied | 62.2% |
| Renter-Occupied | 37.8% |
| Homeownership Rate | 62.2% |
| Total Housing Units | 1,010 |
| Median Year Built | 1960 |
| Rent Burden | 23.9% |