Carrollton, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Carrollton, Indiana had a total population of 267, the 644th largest community in Indiana, with a median household income of $125,882, which is 75% higher than the state average. The poverty rate is 0.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 75% above the state average — one of the wealthiest communities in Indiana.
- 40.9% of adults hold a bachelor's degree or higher — top 10% in Indiana.
Carrollton Quick Facts
How Carrollton Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 411 | 267 | -35.0% |
| Median household income | $121,574 | $125,882 | +3.5% |
| Median home value | $309,800 | $360,400 | +16.3% |
How Carrollton Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Carrollton Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Carrollton
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Merriam | 268 | N/A | $206,600 | 22.0% | 1.1% |
| Tocsin | 266 | N/A | N/A | 5.5% | 0.0% |
| Forest | 259 | N/A | $84,600 | 0.0% | 18.1% |
| Freetown | 277 | N/A | $168,300 | 0.0% | 14.1% |
| Blanford | 281 | N/A | $50,300 | 33.1% | 20.3% |
A note before these figures: with a population of 267, Carrollton's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Carrollton is a small community located in Indiana. The total population is 267. It ranks as the 644th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Carrollton is 35.0 years. This is 8% lower than the state median of 38.1 years. With 28.1% of the population under 18, Carrollton has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Carrollton is $125,882. This is 75% higher than the state median of $71,957. It is also 56% higher than the national median of $80,734. The ACS records no residents below the poverty line in Carrollton. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The survey records no unemployed residents in Carrollton, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $360,400. Housing costs are 65% higher than the state median of $218,200. With a home-value-to-income ratio of just 2.9x, Carrollton is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 70.5%.
Race & Ethnicity
Every resident counted in Carrollton was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.
Education
40.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Carrollton in the top 10% of all cities in the state for educational attainment. This is 39% higher than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample. Notably, 29.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Carrollton, Indiana 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 Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. 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 Carrollton, Indiana?
Carrollton, Indiana has a population of 267 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Carrollton, IN?
The median household income in Carrollton is $125,882, which is 56% higher than the national median of $80,734.
What is the poverty rate in Carrollton, IN?
The ACS sample for Carrollton recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.
What is the racial makeup of Carrollton, Indiana?
Carrollton's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Carrollton, IN?
The median home value in Carrollton is $360,400. The home-value-to-income ratio is 2.9x.
How educated is Carrollton, Indiana?
40.9% of adults (25+) in Carrollton hold a bachelor's degree or higher, and 29.2% hold a graduate or professional degree.