Carthage, TN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Carthage short-term rental market based on reliable data.

Listings

24 / 33

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$20,253

Middle-Earners Revenue

Occupancy

43%

Middle-Earners Occupancy

Home Value

$270,391

Median Home Sale Price

Top Earners

$31,889

Top-Earners Revenue

Carthage

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Carthage.

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B

Generally Investor friendly

Carthage Regulations

Short‑term rentals are explicitly allowed citywide with no caps or dedicated STR prohibitions; investors only need the standard business privilege license (at the max state‑allowed rate), basic fire and building‑code compliance, and state/county occupancy taxes—moderate but predictable costs and known process.

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About Carthage

Carthage is a town in and the county seat of Smith County, Tennessee, United States; it is part of the Nashville Metropolitan Statistical Area. The population was 2,306 at the 2010 census. It is located on the Cumberland River, which was important to its early development. It is likely best known as the hometown of former Vice President and Senator Al Gore of the Democratic Party and his father, Senator Albert Gore, Sr. The younger Gore announced his 1988 and 2000 presidential bids, as well as his 1992 vice-presidential bid, from the steps of the Smith County Courthouse.

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