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Carthage, TX

Full City Profile · Texas · Panola County County

3.0 /5.0
B Good
6,568 Population 616/sq mi density
$44,738 Median Income $34,611 per capita
$153,100 Home Value $192,165 Zillow
$737 Median Rent 29.1% income on rent
65°F Avg Temperature 304 sunny days/yr
601 Violent Crime/100K 2,881 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$44,738 median income, 0.8% unemployment
A+
Affordability
4.8 / 5.0
$153,100 home value, $737/mo rent
F
Safety
1.0 / 5.0
601 violent crimes/100K (58% above avg)
C
Education
2.4 / 5.0
17.0% bachelor's degree or higher

Housing Overview

Median Home Value
$153,100
46% below
US avg: $281,900
Median Rent
$737/mo
37% below
US avg: $1,163/mo
Homeownership Rate
66.4%
2% above US avg (65.4%)
Total Housing Units
3,237
Median year built: 1979

Home Value by Source

Census Median
$153,100
Zillow (ZHVI)
$192,165
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.4%
Owner-Occupied
33.6%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $737/mo

Affordability & Housing Stock

Rent Burden
29.1%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
66.4%

Complete Housing Data

Home Values

Census Median Value$153,100
Zillow Home Value (ZHVI)$192,165

Rent

Census Median Rent$737
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Ownership & Stock

Owner-Occupied66.4%
Renter-Occupied33.6%
Homeownership Rate66.4%
Total Housing Units3,237
Median Year Built1979
Rent Burden29.1%