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Mount Carroll, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.5x is exceptionally low

During the 2020–2024 ACS period, Mount Carroll, Illinois had a total population of 1,501, the 583rd largest city in Illinois, with a median household income of $58,500, which is 30% lower than the state average. The poverty rate is 14.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Mount Carroll Quick Facts

Population 1,501
Median Household Income $58,500
Median Home Value $86,600
Poverty Rate 14.1%
Unemployment Rate 3.2%
Median Age 43.2 years
Homeownership Rate 71.7%
Affordability Ratio 1.5x
Bachelor's Degree or Higher 21.5%
High School Graduation Rate 95.2%
Diversity Index 13/100
Population 1,501 583rd of 1,445
Median Income $58,500 below average
Poverty Rate 14.1% 13% higher than national
Median Home Value $86,600 bottom 30%

How Mount Carroll Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,5151,501-0.9%
Median household income$59,167$58,500-1.1%
Median home value$88,800$86,600-2.5%

How Mount Carroll Compares

Economy & Housing

Household Income Distribution

Under $25K 14.1%
$25K-$50K 26.0%
$50K-$100K 45.0%
$100K+ 14.9%
Detailed income brackets
Under $10K
2.6%
$10K-$15K
4.9%
$15K-$20K
3.5%
$20K-$25K
3.2%
$25K-$30K
3.9%
$30K-$35K
5.3%
$35K-$40K
5.0%
$40K-$45K
3.2%
$45K-$50K
8.6%
$50K-$60K
10.8%
$60K-$75K
9.6%
$75K-$100K
24.6%
$100K-$125K
5.0%
$125K-$150K
3.7%
$150K-$200K
4.5%
$200K+
1.7%

Employment

3.2% Unemployment Rate State: 5.8%|National: 5.2%
66.9% Labor Force Participation

Housing Overview

Owner 71.7%
Renter 28.3%
Affordability Index Very Affordable
1.5x home value to income ratio
Median gross rent $785/mo 16.1% of median household income annually

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Mount Carroll Rankings in Illinois

#583 Population of 1,445
#962 Median Income of 1,374
#552 Education of 1,444
#1041 Home Value of 1,372

Other Cities in Carroll County

CityPopulationMedian IncomePovertyHome Value
Savanna 2,816 $48,036 18.6% $72,400
Thomson 1,757 $61,250 21.3% $117,000
Lanark 1,541 $59,375 12.7% $96,600
Milledgeville 1,218 $59,417 11.3% $94,200
Lake Carroll 853 $108,750 5.5% $348,500
Shannon 772 $58,929 9.7% $115,100
Chadwick 591 $78,688 3.4% $85,700

Cities Similar to Mount Carroll

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Warsaw1,518$58,750$96,10019.3%11.8%
Toulon1,485$59,167$95,50019.9%11.3%
De Pue1,532$58,417$59,30015.1%14.6%
Lanark1,541$59,375$96,60014.5%12.7%
Virginia1,543$59,375$93,10016.9%12.8%

Population Overview

Mount Carroll is a small community located in Illinois, within Carroll County. The total population is 1,501. It ranks as the 583rd most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Mount Carroll is 43.2 years. This is 11% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Mount Carroll is $58,500. This is 30% lower than the state median of $83,390. It is also 28% lower than the national median of $80,734. The poverty rate stands at 14.1%. This is 19% higher than the state poverty rate of 11.8%. The unemployment rate is 3.2%. This is 45% lower than the state rate of 5.8%. The median home value is $86,600. Housing costs are 67% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.5x, Mount Carroll is one of the most affordable housing markets in the area. 71.7% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 67.1%.

Race & Ethnicity

Mount Carroll has a predominantly White (non-Hispanic) population, comprising 93.4% of all residents. Hispanic or Latino residents account for 2.7%. The White (non-Hispanic) population is significantly higher than the state average (93.4% vs 58.1%). The Black or African American population (1.1%) is well below the state average of 13.3%. The Hispanic or Latino population (2.7%) is well below the state average of 18.8%. The Asian population (1.5%) is well below the state average of 5.9%.

Education

21.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.2%.

Data Sources & Methodology

All demographic data for Mount Carroll, Illinois 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 Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. 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 Mount Carroll, Illinois?

Mount Carroll, Illinois has a population of 1,501 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Mount Carroll, IL?

The median household income in Mount Carroll is $58,500, which is 28% lower than the national median of $80,734.

What is the poverty rate in Mount Carroll, IL?

The poverty rate in Mount Carroll is 14.1%. This means approximately 201 residents live below the federal poverty line.

What is the racial makeup of Mount Carroll, Illinois?

Mount Carroll's population is 93.4% White, 1.1% Black, 2.7% Hispanic/Latino, and 1.5% Asian.

What is the median home value in Mount Carroll, IL?

The median home value in Mount Carroll is $86,600. The home-value-to-income ratio is 1.5x.

How educated is Mount Carroll, Illinois?

21.5% of adults (25+) in Mount Carroll hold a bachelor's degree or higher, and 8.2% hold a graduate or professional degree.