Carthage is located in east Texas. Carthage is part of Panola County. Carthage has 10.66 square miles of land area and 0.02 square miles of water area. As of 2010-2014, the total Carthage population is 6,835, which has grown 2.57% since 2000. The population growth rate is much lower than the state average rate of 25.13% and is much lower than the national average rate of 11.61%. Carthage median household income is $45,323 in 2010-2014 and has grown by 42.43% since 2000. The income growth rate is higher than the state average rate of 31.68% and is much higher than the national average rate of 27.36%. Carthage median house value is $95,200 in 2010-2014 and has grown by 57.62% since 2000. The house value growth rate is about the same as the state average rate of 59.27% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Carthage is better than the state average in quality. The Carthage area codes are 430, 903.