Carthage, Indiana.
Typical home $231,098 (+4.9% in a year).
to buy the typical home at today's mortgage rate — +$731 (+152%) since Jan 2020.
- 1 year
- Up $10,875 +5%
- $220,223$231,098 since Sep 2025
- 5 years
- Up $62,454 +37%
- $168,645$231,098 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Carthage$1,213
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Carthage, IN rose 4.9% over the past year — faster than the nation's +1.2%.
Living in Carthage, Rush County, Indiana
Carthage is a town of 918 people in Rush County. Unemployment in Rush County was 3.2% in August 2026, and the county had 0.3% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Carthage is a very small town in Rush County, Indiana, home to far fewer people than most towns on this site. Homes here cost less than the typical home across the country, and few adults hold a four-year degree. Winters are cold, with snow most years, and summers are warm, with a good deal of rain and melted snow across the year.
Work. Residents work mostly in schools, hospitals and social care, in manufacturing, in shops and in professional and business services. Across Rush County, the largest workplaces include Aisin Takaoka, an iron foundry, Rush Memorial Hospital and Rush County Schools. Commutes tend to be long, and relatively few people work from home.
Things to do. Hoosier Gym, a stadium, and Nameless Creek, a river, are both a short drive away. Mounds State Park, a protected area, is a longer drive away, as is Conner Prairie, a museum.
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- 272households
- 5%of adults have a degree
- 37 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Rush County had 4,885 jobs in 2025, 0.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 35° and lows near 18°; warmest in July, with highs near 84° and lows near 64°. About 20 inches of snow and 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Greenfield weather station, 11 miles away (NOAA).
Largest workplaces in Rush County
- Aisin TakaokaIron foundries364
- Rush Memorial HospitalCritical access hospital264FTE
- Copeland Corporation LLC PlantHeating and air conditioning combination units manufacturing200
- Rush County SchoolsSchool district164FTE
- Trane Technologies139
- Schell & KampeterDog and cat food, manufacturing135
- Kroger Central KMASupermarkets and other grocery except convenience stores78
- The Waters of RushvilleNursing homes66
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 14 workplaces with 20 or more staff, 1,335 people in all across the county; Carthage has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesRelatively high
- DroughtRelatively moderate
- Strong windRelatively moderate
- HailRelatively moderate
- Ice stormsRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Carthage’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Rush County.
Carthage home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Carthage$231,098
- Indiana$257,165
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Carthage8
Zip codes with a Carthage address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Carthage — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.