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Carrollwood CDP, Florida Demographics & Population 2026

As of 2026, Carrollwood CDP, Florida has a total population of 35,645, the 120th largest city in Florida, with a median household income of $76,723, which is 7% higher than the state average. The poverty rate is 7.3%.

Carrollwood CDP Quick Facts

Population 35,645
Median Household Income $76,723
Median Home Value $366,200
Poverty Rate 7.3%
Unemployment Rate 5.3%
Median Age 40.6 years
Homeownership Rate 69.0%
Affordability Ratio 4.8x
Bachelor's Degree or Higher 44.1%
High School Graduation Rate 91.9%
Diversity Index 59/100
Population 35,645 120th of 953
Median Income $76,723 above average
Poverty Rate 7.3% 42% lower national
Median Home Value $366,200 above average

How Carrollwood CDP Compares

Economy & Housing

Employment

5.3% Unemployment Rate State: 4.8% | National: 5.2%
66.7% Labor Force Participation

Housing Overview

Owner 69.0%
Renter 31.0%
Affordability Index Moderate
4.8x home value to income ratio

People & Demographics

Diversity Index

59out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 64 | National average: 60

Education

Carrollwood CDP Rankings in Florida

#120 Population of 953
#359 Median Income of 953
#206 Education of 953
#291 Home Value of 953

Cities Similar to Carrollwood CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Dunedin city36,060$68,068$341,70037.4%8.7%
Kendall West CDP35,492$66,858$377,80030.8%13.1%
Merritt Island CDP34,718$91,020$379,70041.8%7.4%
Richmond West CDP35,988$96,282$448,90031.0%10.3%
Lake Magdalene CDP31,733$75,606$335,80040.0%11.6%

Population Overview

Carrollwood CDP is a mid-sized community located in Florida. The total population is 35,645. It ranks as the 120th most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Carrollwood CDP is 40.6 years. This is 5% lower than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Carrollwood CDP is $76,723. This is 7% higher than the state median of $71,711. Compared to the national median of $78,538, household income here is 2% lower. The poverty rate stands at 7.3%. This is 42% lower than the state poverty rate of 12.6%. The unemployment rate is 5.3%. This is 10% higher than the state rate of 4.8%. The median home value is $366,200. Housing costs are 13% higher than the state median of $325,000. The home-value-to-income ratio is 4.8x. 69.0% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Carrollwood CDP is White (non-Hispanic), making up 54.2% of the population. Hispanic or Latino residents account for 33.6%. The Black or African American population (5.9%) is well below the state average of 14.8%.

Education

44.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% higher than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.9%. Notably, 15.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Carrollwood CDP, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Carrollwood CDP, Florida?

Carrollwood CDP, Florida has a population of 35,645 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Carrollwood CDP, FL?

The median household income in Carrollwood CDP is $76,723, which is 2% lower the national median of $78,538.

What is the poverty rate in Carrollwood CDP, FL?

The poverty rate in Carrollwood CDP is 7.3%. This means approximately 2,574 residents live below the federal poverty line.

What is the racial makeup of Carrollwood CDP, Florida?

Carrollwood CDP's population is 54.2% White, 5.9% Black, 33.6% Hispanic/Latino, and 2.3% Asian.

What is the median home value in Carrollwood CDP, FL?

The median home value in Carrollwood CDP is $366,200. The home-value-to-income ratio is 4.8x.

How educated is Carrollwood CDP, Florida?

44.1% of adults (25+) in Carrollwood CDP hold a bachelor's degree or higher, and 15.0% hold a graduate or professional degree.