Living in Carrollton, Indiana

Cost of living, income, home prices, rent and demographics of Carrollton · Census data 2020–2024

Carrollton has 267 residents with a median age of 35. The median household income is $125,882 (75% higher than the Indiana median), the median home value is $360,400.

Carrollton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Carrollton at a glance

Population
267
Median age
35State: 38.1
Median household income
$125,882State: $71,957
Median home value
$360,400State: $218,200
Homeowners
100%
Bachelor's degree or higher
40.9%
Average commute
17 min

Is Carrollton a good place to live?

Pros: Median household income 75% higher than the Indiana median; an average commute of 17 minutes.

Cons: Home values 65% higher than the state median.

The weather is best in May–June and August–September.

Cost of living in Carrollton

Housing is the biggest part of the cost of living. In Carrollton the median home value is $360,400, 8% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,357 a month in housing costs.

Median home value

Carrollton$360,400
Indiana$218,200
United States$332,700

Median monthly rent

Indiana$1,062
United States$1,413

Carrollton median household income

The median household income in Carrollton is $125,882 and the income per person is $45,566. 0% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Carrollton$125,882
Indiana$71,957
United States$80,734

Housing in Carrollton: homes for sale and rent

Housing units
74
Owner-occupied
100%
Renter-occupied
0%
Vacant
0%Includes seasonal homes
Median year built
1996
Average household size
3.61

Carrollton demographics

Population
267
Median age
35
Under 18
28.1%
65 and older
10.1%
Households
74
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Carrollton ›

Education in Carrollton

40.9% of adults 25 and older in Carrollton have a bachelor's degree or higher (Indiana: 29.5%), and 29.2% have a graduate or professional degree.

Bachelor's degree or higher

Carrollton40.9%
Indiana29.5%
United States35.7%

Jobs and commute in Carrollton

Unemployment rate
0%State: 4.3%
Average commute
17 minState: 24 min
Work from home
20.6%
Drive alone
79.4%
Public transit
0%
Walk to work
0%
Homes with broadband
100%

Carrollton vs nearby towns

TownPopulationMedian incomeHome valueRent
Carrollton267$125,882$360,400—
New Palestine3,227$96,923$357,500$1,129
Morristown1,134$53,250$162,000$902
Spring Lake224$50,938$169,400—
Philadelphia431$24,873$214,500—
Greenfield24,940$76,127$216,400$1,177
Pleasant View611$196,063$372,500—
Fairland660$42,083$186,600$883
Cumberland6,267$87,364$239,200$1,157

More for people moving to Carrollton

Carrollton ZIP code ›Weather and climate ›

Living in Carrollton: FAQ

What is the median household income in Carrollton, IN?

The median household income in Carrollton is $125,882, 75% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Carrollton?

The median home value in Carrollton is $360,400, compared with $218,200 in Indiana.

Is Carrollton, IN a good place to live?

Pluses: median household income 75% higher than the Indiana median; an average commute of 17 minutes. Minuses: home values 65% higher than the state median.

What is the median age in Carrollton?

The median age in Carrollton is 35 years (Indiana: 38.1).

How long is the commute in Carrollton?

The average commute to work in Carrollton is 17 minutes; 20.6% of workers work from home.

What is the unemployment rate in Carrollton?

The unemployment rate in Carrollton is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Carrollton?

40.9% of adults in Carrollton have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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