Living in Carrollton, Kentucky

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

Carrollton has 3,915 residents with a median age of 31. The median household income is $45,871 (28% lower than the Kentucky median), the median home value is $113,200, the median rent is $918/month.

Carrollton at a glance

Population
3,915
Median age
31State: 39.1
Median household income
$45,871State: $63,726
Median home value
$113,200State: $205,600
Median rent
$918/moState: $967
Homeowners
36.7%
Bachelor's degree or higher
4.6%
Average commute
19 min

Is Carrollton a good place to live?

Pros: Home values 45% lower than the state median; an average commute of 19 minutes.

Cons: Median household income 28% lower than the Kentucky median; unemployment of 6.5%; a poverty rate of 22.8%.

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

Cost of living in Carrollton

Housing is the biggest part of the cost of living. In Carrollton the median home value is $113,200, 66% lower than the U.S. median. Renters pay a median of $918 per month, which is 18.3% of household income. Homeowners with a mortgage pay $1,048 a month in housing costs.

Median home value

Carrollton$113,200
Kentucky$205,600
United States$332,700

Median monthly rent

Carrollton$918
Kentucky$967
United States$1,413

Carrollton median household income

The median household income in Carrollton is $45,871 and the income per person is $23,148. 22.8% of residents live below the poverty line (Kentucky: 16.1%).

Median household income

Carrollton$45,871
Kentucky$63,726
United States$80,734

Housing in Carrollton: homes for sale and rent

Housing units
1,730
Owner-occupied
36.7%
Renter-occupied
63.3%
Vacant
9.7%Includes seasonal homes
Median year built
1968
Average household size
2.41

Carrollton demographics

Population
3,915
Median age
31
Under 18
32.4%
65 and older
12.5%
Households
1,562
Foreign-born
6%
Veterans
4.3%Adults 18+

Race and ethnicity

White80.7%
Hispanic or Latino14.6%
Black2.1%
Asian0%

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

Education in Carrollton

4.6% of adults 25 and older in Carrollton have a bachelor's degree or higher (Kentucky: 27.6%), and 0.7% have a graduate or professional degree.

Bachelor's degree or higher

Carrollton4.6%
Kentucky27.6%
United States35.7%

Jobs and commute in Carrollton

Unemployment rate
6.5%State: 4.9%
Average commute
19 minState: 24 min
Work from home
0%
Drive alone
89.1%
Public transit
0%
Walk to work
3.3%
Homes with broadband
84.3%

Carrollton vs nearby towns

TownPopulationMedian incomeHome valueRent
Carrollton3,915$45,871$113,200$918
Lamb272$103,426——
Brooksburg111$39,167$179,200—
Vevay1,757$45,962$133,800$709
Ghent286$42,188$98,300$1,034
Bedford386$41,875$95,800$884
Milton637$62,500$156,700$763
Sanders435$39,524——
Campbellsburg1,016$54,875$162,200$917

More for people moving to Carrollton

Carrollton ZIP code ›Weather and climate ›

Living in Carrollton: FAQ

What is the median household income in Carrollton, KY?

The median household income in Carrollton is $45,871, 28% lower than the Kentucky median of $63,726 (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 $113,200, compared with $205,600 in Kentucky.

How much is rent in Carrollton?

The median gross rent in Carrollton is $918 per month, about 18.3% of household income.

Is Carrollton, KY a good place to live?

Pluses: home values 45% lower than the state median; an average commute of 19 minutes. Minuses: median household income 28% lower than the Kentucky median; unemployment of 6.5%; a poverty rate of 22.8%.

What is the median age in Carrollton?

The median age in Carrollton is 31 years (Kentucky: 39.1).

How long is the commute in Carrollton?

The average commute to work in Carrollton is 19 minutes; 0% of workers work from home.

What is the unemployment rate in Carrollton?

The unemployment rate in Carrollton is 6.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Carrollton?

4.6% 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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