As I said, I'm not the AR expert, but my reading and personal dealings have provided me some information.
If you are going to make this decision now, mid vs carbine length, then you must have already decided to go with gas impingement over piston models? I assume you are also locked into 5.56 versus another caliber?
Predetermined choices regarding basic specs should be included here. They form constraints for discussion. The caliber, intended use, desired attachments, etc. are all useful information, unless you are looking for generic answers that fit all circumstances This series of posts will soon become a huge "if this, then that, otherwise something else" flow chart. It might also cause the "I answered the question based on an assumption" argument.
For instance, a simple thing like attaching a bayonet, as nathanm14 said, limits the choice to mid-length, since short barrel carbine length rifles are illegal here. There are extenders and longer than normal handled blades to compensate for the different lengths, but the availability of such bayonets is scarce. Add to that, if you free float the barrel, then the combination of low profile gas block and longer hand guard changes things because you are changing or removing the bayonet lug.
Since this rifle is a weapon system, decisions in one area can affect options elsewhere.
There are differences between milspec and commercial spec gas systems, buffer tubes, and other components. Each has variations in function and applicability. Once you choose a standard spec, you are probably better off staying on that path.
Now, more specific to this question:
In general, I've seen many who say the carbine gas system is optimum for under 14.5" barrels, mid-length is best for 14.5" -16", and anything over 16" is best run with rifle length systems.
What I don't get, though, is why so many big name rifle makers, Colt included, make thousands of carbine length 16" rifles. It's not just cost, since these rifles are the preferred brand for many law enforcement departments and agencies. Colt supplies the M4 to the military, so their designs are trusted. Colt owns the patent for the Armalite-designed AR-15/M4/M16. My first AR-15 is a Colt LE6940 carbine length gas impingement rifle with free floated 16.25" barrel and 1" birdcage flash hider. Maybe it's just an evolutionary decision to change nothing other than the barrel length making it legal for the civilian market? I'm not sure, but I trust Colt to design these guns to be functional and reliable since so many professionals do, too.
In my opinion, the choice of carbine vs. mid length rests in the barrel you settle on. If you find the best match-grade barrel, or cheapest chrome-lined barrel, whatever to suite your needs, then start there. The rest of the decision will not matter much unless the bayonet lug position is a deal breaker!
I have 3 AR's and starting my 4th. My Noveske is a 14.5" mid-length, My other 2 are 16.25" carbine length. I haven't bought the barrel for #4 yet! The carbines seem to function just fine!
Again, just an opinion and personal experience.
Aloha!