Carroll County, IL

Comprehensive housing, income, and cost of living data for Carroll County, Illinois. Population: 15.6K.

Median Home Price
$144.6K

Based on 7 cities

Median Household Income
$60.9K

Annual household income

Price-to-Income Ratio
2.4x

Highly affordable

Salary Needed to Buy
$42.2K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$2,308

Average annual amount

Effective Tax Rate
1.60%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$731
Property Tax$192
Insurance$60.25
Total Monthly$984
Historical Home Prices
2015
$84.9K
2016
$87.3K
+2.9%%
2017
$88.5K
+1.4%%
2018
$88.2K
-0.3%%
2019
$93.1K
+5.5%%
2020
$99.3K
+6.7%%
2021
$107.3K
+8.0%%
2022
$118.5K
+10.5%%
2023
$121.7K
+2.8%%
2024
$135.4K
+11.2%%
2025
$149.2K
+10.2%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
4.7%%

Near national average

Population Density
35

People per square mile

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
88.4%
Black
3.7%
Hispanic
5.1%
Asian
0.7%
Two or More Races
1.8%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
49°F

Annual average

Sunny Days
153

Days per year

Annual Rainfall
38.3"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 39/100

January Low
13°F

Average winter low

July High
81°F

Average summer high

Frequently Asked Questions

What is the median home price in Carroll County, IL?

The median home price in Carroll County, Illinois is $144.6K. The price-to-income ratio is 2.4x, meaning the median home costs 2.4 times the median household income.

What salary do you need to buy a home in Carroll County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $42.2K per year to buy the median home in Carroll County, IL. Monthly housing costs break down to $731 for mortgage, $192 for property tax, and $60.25 for insurance.

What is the property tax rate in Carroll County?

The effective property tax rate in Carroll County is 1.60%, which comes to approximately $2,308 per year on the median home.

What is the median household income in Carroll County?

The median household income in Carroll County, Illinois is $60.9K per year, based on Census Bureau American Community Survey data. The unemployment rate is 4.7%%.

Is Carroll County a good place to live?

Carroll County, Illinois has a population of 15.6K. Housing affordability is strong with a price-to-income ratio of 2.4x. The climate averages 49 degrees F with 153 sunny days per year. Compare Carroll County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.