Carrollton, IN
Population 411 · Indiana
About Carrollton, IN
Carrollton is a small community located in Indiana with a population of 411 residents according to the latest US Census Bureau American Community Survey data. The median household income is $121,574 per year, which is 62% above the national median of $75,149. The median age of 35.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Carrollton features a median home value of $309,800, which is 27% above the national median of $244,900. This positions Carrollton in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 116 total housing units, 100% are owner-occupied (116 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Carrollton shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Carrollton have an average one-way commute time of 19.6 minutes, one of the shorter commutes in the region.
Education & Demographics
27.0% of Carrollton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Carrollton Ranks in Indiana
Cost of Living in Carrollton, IN
Compared to national averages, Carrollton has a median household income of $121,574 (62% above the national median of $75,149). Home values average $309,800, which is 27% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Carrollton's income is 75% above the state average of $69,330, and home values are 90% above the state median of $163,409.
Why Live in Carrollton, IN?
Carrollton offers a strong local economy with a median household income of $121,574, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 19.6 minutes.
Carrollton has a population of 411 with a median age of 35.7 years. Compare Carrollton with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Carrollton
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clear Lake | 409 | $101,563 | $741,500 | Compare |
| Liberty Center | 409 | $82,966 | $0 | Compare |
| Mooreland | 417 | $58,854 | $82,700 | Compare |
| Plainville | 405 | $51,667 | $90,700 | Compare |
| Advance | 418 | $65,000 | $164,800 | Compare |
| Charlottesville | 403 | $0 | $210,400 | Compare |
| Glenwood | 403 | $47,167 | $87,300 | Compare |
| Metamora | 402 | $60,682 | $131,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Carrollton With Other Cities
Frequently Asked Questions about Carrollton
What is the population of Carrollton, IN?
The population of Carrollton, IN is 411 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Carrollton?
The median household income in Carrollton, IN is $121,574 per year, which is 62% above the national median of $75,149.
What is the median home value in Carrollton?
The median home value in Carrollton, IN is $309,800, which is 27% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Carrollton?
The median monthly rent in Carrollton, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Carrollton?
The unemployment rate in Carrollton, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Carrollton, IN a good place to live?
Carrollton offers above-average incomes, a competitive housing market, and a strong job market. With a population of 411 and a median age of 35.7, the city appeals to a broad range of residents.
How educated is Carrollton, IN?
27.0% of residents in Carrollton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Carrollton?
Key cost-of-living indicators for Carrollton, IN: median home value is $309,800 (27% above national), median rent is $0/month, and median household income is $121,574. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Carrollton?
The poverty rate in Carrollton, IN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Carrollton, IN?
Carrollton's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.