Carroll County, IN

Comprehensive housing, income, and cost of living data for Carroll County, Indiana. Population: 20.4K.

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Median Home Price

$207.7K

Based on 6 cities

Median Household Income

$64.0K

Annual household income

Price-to-Income Ratio

3.2x

Moderately affordable

Salary Needed to Buy

$52.1K

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

Housing & Finance

Annual Property Tax

$954

Average annual amount

Effective Tax Rate

0.46%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,050

Property Tax$79.50

Insurance$86.53

Total Monthly$1,216

Historical Home Prices

2015

$109.7K

2016

$117.3K

+6.9%%

2017

$123.6K

+5.4%%

2018

$129.3K

+4.6%%

2019

$139.8K

+8.1%%

2020

$155.4K

+11.2%%

2021

$173.2K

+11.5%%

2022

$185.3K

+7.0%%

2023

$196.0K

+5.7%%

2024

$211.7K

+8.0%%

2025

$219.9K

+3.9%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

2.8%%

Below national average

Population Density

People per square mile

Homicide Rate

7.1

Low (per 100K residents)

Political Lean (2020)

Competitive

R+1

Racial Demographics

White

92.6%

Black

0.7%

Hispanic

4.4%

Asian

0.1%

Two or More Races

2.1%

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

Climate & Environment

Average Temperature

51°F

Annual average

Sunny Days

198

Days per year

Annual Rainfall

41.1"

Inches per year

Natural Disaster Risk

Moderate Risk

Score: 30/100

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