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Carthage, TN Real Estate


According to census data in the year 2000 there were 1,058 housing units in Carthage. This represents a 2% decline from 1,080 in 1990.

Of those housing units, 1,029 were located in either urbanized areas or urban clusters, and 29 were located in what is classified as a rural area.

Homeownership rate in Carthage is about 55.3%. Carthage's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Carthage were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom11.50%
Two Bedrooms41.60%
Three Bedrooms34.90%
Four Bedrooms7.90%
Five Bedrooms or more3.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1960
Median Value of occupied units$84,400
Median Price asked for vacant units$52,500

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1968
Median Monthly Rent asked for vacant units$283

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan0.80%
Simple Mortgage33.80%
Debt Free59.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%