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Carrollton, Kentucky Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Carrollton, Kentucky had a total population of 3,915, the 105th largest city in Kentucky, with a median household income of $45,871, which is 28% lower than the state average. The poverty rate is 22.8%.

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

Key Takeaways

Carrollton Quick Facts

Population 3,915
Median Household Income $45,871
Median Home Value $113,200
Poverty Rate 22.8%
Unemployment Rate 6.5%
Median Age 31.0 years
Homeownership Rate 36.8%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 4.6%
High School Graduation Rate 86.5%
Diversity Index 36/100
Population 3,915 105th of 552
Median Income $45,871 below average
Poverty Rate 22.8% 83% higher than national
Median Home Value $113,200 bottom 30%

How Carrollton 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
Population3,8943,915+0.5%
Median household income$58,788$45,871-22.0%
Median home value$122,400$113,200-7.5%

How Carrollton Compares

Economy & Housing

Household Income Distribution

Under $25K 27.3%
$25K-$50K 26.4%
$50K-$100K 26.7%
$100K+ 19.6%
Detailed income brackets
Under $10K
14.4%
$10K-$15K
2.8%
$15K-$20K
7.2%
$20K-$25K
2.9%
$25K-$30K
1.0%
$30K-$35K
8.8%
$35K-$40K
4.7%
$40K-$45K
6.3%
$45K-$50K
5.7%
$50K-$60K
2.7%
$60K-$75K
4.9%
$75K-$100K
19.1%
$100K-$125K
8.6%
$125K-$150K
2.7%
$150K-$200K
8.3%
$200K+
0.0%

Employment

6.5% Unemployment Rate State: 4.9%|National: 5.2%
51.0% Labor Force Participation

Housing Overview

Owner 36.8%
Renter 63.3%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $918/mo 24.0% of median household income annually

People & Demographics

Diversity Index

36out of 100
Low Diversity

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

State average: 33 | National average: 61

Education

Carrollton Rankings in Kentucky

#105 Population of 552
#349 Median Income of 496
#488 Education of 550
#361 Home Value of 495

Other Cities in Carroll County

CityPopulationMedian IncomePovertyHome Value
Sanders 435 $39,524 49.0% N/A
Ghent 286 $42,188 20.6% $98,300
Prestonville 192 N/A 47.4% $76,500
Worthville 176 N/A 67.5% $66,400

Cities Similar to Carrollton

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lancaster4,013$43,898$175,30013.2%29.1%
Stanford3,643$49,337$155,00018.4%12.0%
Greenville4,410$46,054$116,40026.0%21.3%
Southgate3,717$54,421$190,80032.9%19.8%
Farley4,458$47,292$86,30010.9%30.8%

Population Overview

Carrollton is a small community located in Kentucky, within Carroll County. The total population is 3,915. It ranks as the 105th most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in Carrollton is 31.0 years. This is 21% lower than the state median of 39.1 years. With 32.4% 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 $45,871. This is 28% lower than the state median of $63,726. It is also 43% lower than the national median of $80,734. The poverty rate stands at 22.8%. This is 42% higher than the state poverty rate of 16.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 6.5%. This is 33% higher than the state rate of 4.9%. The median home value is $113,200. Housing costs are 45% lower than the state median of $205,600. With a home-value-to-income ratio of just 2.5x, Carrollton is one of the most affordable housing markets in the area. 36.8% of occupied housing units are owner-occupied. This homeownership rate is 46% lower than the state average of 68.3%.

Race & Ethnicity

The largest racial or ethnic group in Carrollton is White (non-Hispanic), making up 78.3% of the population. Hispanic or Latino residents account for 14.6%. The Black or African American population (2.1%) is well below the state average of 7.5%. The Hispanic or Latino population is significantly higher than the state average (14.6% vs 5.0%).

Education

4.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 83% lower than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.5%.

Data Sources & Methodology

All demographic data for Carrollton, Kentucky 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 Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. 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, Kentucky?

Carrollton, Kentucky has a population of 3,915 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Carrollton, KY?

The median household income in Carrollton is $45,871, which is 43% lower than the national median of $80,734.

What is the poverty rate in Carrollton, KY?

The poverty rate in Carrollton is 22.8%. This means approximately 858 residents live below the federal poverty line.

What is the racial makeup of Carrollton, Kentucky?

Carrollton's population is 78.3% White, 2.1% Black, 14.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Carrollton, KY?

The median home value in Carrollton is $113,200. The home-value-to-income ratio is 2.5x.

How educated is Carrollton, Kentucky?

4.6% of adults (25+) in Carrollton hold a bachelor's degree or higher, and 0.7% hold a graduate or professional degree.