Median Income
$43,958
household / year
Median Home Value
$103,400
owner-occupied
Median Rent
$837
gross / month
Cost of Living
92
national avg = 100

Is Carthage, IN a Good Place to Live?

Carthage is a small town of 754 in Indiana, with a median household income of $43,958 and a 14.0% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Carthage stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Carthage is right for you depends on your priorities — the full breakdown is below.

All Carthage city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 91.6

Carthage's overall cost of living index is 91.6, where 100 represents the US national average. Living in Carthage costs roughly 8% less than the average American city.

Metric Carthage, IN National Avg
Median Home Value $103,400 $244,900
Median Monthly Rent $837 $1,163
Homeownership Rate 52.2% 65.9%
Median Household Income $43,958 $74,755

Crime & Safety

Crime data for Carthage is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Carthage, IN National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 4.3% 35.4%
High School Diploma or Higher 84.3% 91.1%

Weather & Climate

Carthage sees average highs of 34.8°F in January and 84.3°F in July, with 47.1 inches of annual precipitation and 28.6 inches of snow per year.

MetricCarthage, IN
Average High — January34.8°F
Average High — July84.3°F
Annual Precipitation47.1"
Annual Snowfall28.6"

Demographics

MetricCarthage, INNational Avg
Population754
Median Age38.038.9
Unemployment Rate14.0%3.7%
Avg Commute Time34.4 min26 min
White (non-Hispanic)98.1%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1832.4%22.2%
65 and over13.7%16.8%

Nearby Cities

ZIP Codes in Carthage

Carthage, IN is covered by 1 ZIP code:

Carthage vs Other Cities

Frequently Asked Questions

Carthage's cost of living index is 92, where 100 is the national average. That makes Carthage roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $103,400 and median rent is $837/month.
Crime data for Carthage is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Carthage, IN has a population of 754, a median household income of $43,958, and an unemployment rate of 14.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Carthage averages 34.8°F in January and 84.3°F in July. Annual rainfall is 47.1 inches with about 28.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Carthage, IN is covered by 1 ZIP code: 46115.
The population of Carthage, Indiana is 754 with a median age of 38.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Carthage: cost of living index 92 (100 = US average), median home $103,400, median household income $43,958. Whether these are benefits or drawbacks depends on where you're coming from — compare Carthage side by side with your current city to see the trade-offs.