Carrollwood, Florida Demographics & Population 2026
Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology
During the 2020–2024 ACS period, Carrollwood, Florida had a total population of 36,725, the 116th largest community in Florida, with a median household income of $81,959, which is 10% higher than the state average. The poverty rate is 8.4%.
Carrollwood Quick Facts
How Carrollwood Changed
Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.
| Metric | 2015–2019 | 2020–2024 | Change |
|---|---|---|---|
| Population | 35,686 | 36,725 | No clear change (+2.9%) |
| Median household income | $84,207 | $81,959 | No clear change (-2.7%) |
| Median home value¹ | $302,754 | $384,600 | +27.0% |
| Median gross rent | $1,457 | $1,715 | +17.7% |
How Carrollwood Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
- White: 52.9%
- Black: 6.7%
- Hispanic: 35.0%
- Asian: 2.0%
- Other: 0.6%
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
- < High School: 7.0%
- HS Diploma: 21.3%
- Some College: 18.5%
- Associate's: 9.3%
- Bachelor's: 29.1%
- Graduate+: 14.8%
Carrollwood Rankings in Florida
Explore Florida Rankings
Other Cities in Hillsborough County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Tampa | 401,618 | $75,475 | 15.4% | $420,400 |
| Brandon | 119,767 | $79,685 | 11.4% | $339,000 |
| Riverview | 113,697 | $100,438 | 7.5% | $384,200 |
| Town 'n' Country | 85,928 | $73,538 | 11.3% | $337,100 |
| University (Hillsborough County) | 48,127 | $37,207 | 37.0% | $164,900 |
| Plant City | 40,887 | $67,439 | 15.0% | $291,800 |
| Valrico | 40,239 | $104,839 | 9.9% | $393,700 |
| Egypt Lake-Leto | 35,873 | $54,032 | 16.8% | $315,100 |
| Sun City Center | 33,548 | $73,528 | 8.3% | $317,000 |
| Apollo Beach | 33,355 | $127,617 | 4.6% | $472,700 |
Cities Similar to Carrollwood
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Dunedin | 36,062 | $74,477 | $396,000 | 39.5% | 8.2% |
| Kendall West | 35,912 | $69,554 | $409,500 | 32.9% | 11.9% |
| Merritt Island | 34,992 | $94,012 | $402,900 | 41.0% | 7.4% |
| Winter Springs | 38,951 | $92,574 | $378,700 | 48.9% | 6.8% |
| Aventura | 39,885 | $89,274 | $451,100 | 56.9% | 11.4% |
Population Overview
Carrollwood is a mid-sized community located in Florida, within Hillsborough County. The total population is 36,725. It ranks as the 116th most populous out of 955 Census-designated places in Florida.
Age Demographics
The median age in Carrollwood is 39.8 years. This is 7% lower than the state median of 42.6 years.
Economy, Income & Housing
The median household income in Carrollwood is $81,959. This is 10% higher than the state median of $74,568. It is also 2% higher than the national median of $80,734. The poverty rate stands at 8.4%. This is 33% lower than the state poverty rate of 12.6%. The unemployment rate is 4.5%. This is 6% lower than the state rate of 4.8%. The median home value is $384,600. Housing costs are 7% higher than the state median of $359,000. The home-value-to-income ratio is 4.7x. 68.5% of occupied housing units are owner-occupied. This homeownership rate is 1% higher than the state average of 67.6%.
Race & Ethnicity
The largest racial or ethnic group in Carrollwood is White (non-Hispanic), making up 52.9% of the population. Hispanic or Latino residents account for 35.0%. The Black or African American population (6.7%) is well below the state average of 14.6%.
Education
44.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% higher than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.0%.
Data Sources & Methodology
All demographic data for Carrollwood, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Carrollwood, Florida?
Carrollwood, Florida has a population of 36,725 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Carrollwood, FL?
The median household income in Carrollwood is $81,959, which is 2% higher than the national median of $80,734.
What is the poverty rate in Carrollwood, FL?
The poverty rate in Carrollwood is 8.4%. This means approximately 3,047 residents live below the federal poverty line.
What is the racial makeup of Carrollwood, Florida?
Carrollwood's population is 52.9% White, 6.7% Black, 35.0% Hispanic/Latino, and 2.0% Asian.
What is the median home value in Carrollwood, FL?
The median home value in Carrollwood is $384,600. The home-value-to-income ratio is 4.7x.
How educated is Carrollwood, Florida?
44.0% of adults (25+) in Carrollwood hold a bachelor's degree or higher, and 14.8% hold a graduate or professional degree.