The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Located in the state of Tennessee, Carthage is a small city with a population of 2,533 people. At 91%, the majority of the Carthage population is White; this is followed by 6% Black and 1% American Indian and Alaskan. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Carthage entails a longer-than-average one-way commute time, averaging 30 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Carthage, Tennessee could be a positive experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like amenities, crime, cost of living, health & safety, employment, you can easily compare the best places to live in Carthage and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Carthage to Tennessee and the national average.
Carthage has a livability score of 70/100 and is ranked #42 in Tennessee and #6,177 in the USA. Based on the rankings for each individual category, Carthage has received high marks for housing (A+). Carthage does not rank well for the following: amenities (F), crime (D) and education (F). It might be wise to take a closer look at each category to find out why.
The unemployment rate in Carthage has consistently declined over the years and currently stands well below the national average at 0.48%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Carthage excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Carthage meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Carthage. Everything else becomes a lot less important if it turns out that home prices in Carthage are simply unattainable. Median real estate prices in Carthage come in at $142,800, which is 2.2% lower than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In Carthage, the home price to income ratio is 3.3, which is 6.5% higher than the Tennessee average.
Statistic | Carthage | Tennessee | National |
Average one way commute | 30min | 25min | 26min |
Workers who drive to work | 88.3% | 83.6% | 76.4% |
Workers who carpool | 6.5% | 9.2% | 9.3% |
Workers who take public transit | 0.0% | 0.8% | 5.1% |
Workers who bicycle | 0.0% | 0.1% | 0.6% |
Workers who walk | 0.5% | 1.4% | 2.8% |
Working from home | 2.8% | 3.9% | 4.6% |