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Carthage, Texas

city · Panola County

At a glance

6,601
Population
$164,200
Median home value (all homes)
46% below U.S. median
$202,859
Typical market value
Zillow, 2026-07
$797/mo
Median rent
41% below U.S. median
$51,250
Median household income
35% below U.S. median
19.3 min
Average commute
90.4%
Homes with broadband
12.22%
Locations with fiber available
3.2%
Unemployment

Cost of living (Clay Affordability Index)

CAI 85 — 15% below the national average. how it's computed

Housing28% below
Goods & services5% below
Utilities4% below
Taxes57% below
Insurance25% above
Commute cost36% below
For business: Texas is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Colleges in town:
Nearest 4-year college26 mi
Nearest community college1 mi
Nearest technical college31 mi
High school graduates83.4%
College graduates14.6%

Doing business here

Economic development contacts, most local first:

region East Texas Economic Development Company
The East Texas Regional Development Company (ETRDC) is a private non-profit certified development company established in 1983 to promote and assist with the economic development of East Texas through small business lending. Its primary lending program is the SBA 504 loan.
state Office of the Governor (Texas)
Texas Economic Development Corporation (TxEDC) markets Texas as the premier destination for business and provides information to help businesses explore opportunities in Texas. It supports the Governor’s Office of Economic Development and Tourism in promoting Texas as a premier destination for business.
state Texas Economic Development
The Texas Economic Development & Tourism Office offers resources for Texas businesses, communities and residents, as well as those looking to do business in Texas. Our office publishes in-depth reports on the economy of Texas and the state’s targeted growth industries. We also offer a number of events throughout the year, covering a wide range of business-related topics—everything from getting started in the state to growing your business internationally.
State sales taxYes
State income taxNone
Right-to-work stateYes

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