Carrollton, Virginia Demographics & Population 2026
During the 2020–2024 ACS period, Carrollton, Virginia had a total population of 8,436, the 147th largest community in Virginia, with a median household income of $110,956, which is 19% higher than the state average. The poverty rate is 6.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Unemployment rate of 9.7% is notably above the national average.
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 | 7,903 | 8,436 | +6.7% |
| Median household income | $113,813 | $110,956 | -2.5% |
| Median home value | $381,900 | $423,900 | +11.0% |
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 diverse community with significant representation from multiple racial and ethnic groups.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Carrollton Rankings in Virginia
Explore Virginia Rankings
Other Cities in Isle of Wight County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Smithfield | 8,834 | $113,158 | 5.4% | $374,900 |
| Windsor | 2,852 | $68,661 | 11.7% | $280,800 |
| Benns Church | 1,813 | $56,151 | 5.0% | $338,800 |
| Rushmere | 1,033 | $73,750 | 2.6% | $350,000 |
| Camptown | 834 | $85,560 | 3.4% | N/A |
| Carrsville | 363 | N/A | 0.0% | $242,700 |
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 |
|---|---|---|---|---|---|
| Fort Belvoir | 8,449 | $104,205 | N/A | 55.0% | 2.9% |
| Hollymead | 8,482 | $118,250 | $435,300 | 63.8% | 4.3% |
| Smithfield | 8,834 | $113,158 | $374,900 | 36.9% | 5.4% |
| Lake of the Woods | 7,984 | $109,153 | $399,300 | 45.6% | 5.5% |
| Innsbrook | 8,578 | $129,436 | $463,500 | 66.7% | 5.0% |
Population Overview
Carrollton is a small city located in Virginia, within Isle of Wight County. The total population is 8,436. It ranks as the 147th most populous out of 681 Census-designated places in Virginia.
Age Demographics
The median age in Carrollton is 36.8 years. This is 6% lower than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Carrollton is $110,956. This is 19% higher than the state median of $93,170. It is also 37% higher than the national median of $80,734. The poverty rate stands at 6.8%. This is 31% lower than the state poverty rate of 9.9%. The unemployment rate is 9.7%. This is 129% higher than the state rate of 4.3%. The median home value is $423,900. Housing costs are 10% higher than the state median of $383,700. The home-value-to-income ratio is 3.8x. 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 Carrollton is White (non-Hispanic), making up 61.7% of the population. Black or African American residents account for 18.9%. The Asian population (3.3%) is well below the state average of 6.9%.
Education
39.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.7%. Notably, 15.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Carrollton, Virginia 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 Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. 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, Virginia?
Carrollton, Virginia has a population of 8,436 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Carrollton, VA?
The median household income in Carrollton is $110,956, which is 37% higher than the national median of $80,734.
What is the poverty rate in Carrollton, VA?
The poverty rate in Carrollton is 6.8%. This means approximately 572 residents live below the federal poverty line.
What is the racial makeup of Carrollton, Virginia?
Carrollton's population is 61.7% White, 18.9% Black, 12.0% Hispanic/Latino, and 3.3% Asian.
What is the median home value in Carrollton, VA?
The median home value in Carrollton is $423,900. The home-value-to-income ratio is 3.8x.
How educated is Carrollton, Virginia?
39.9% of adults (25+) in Carrollton hold a bachelor's degree or higher, and 15.7% hold a graduate or professional degree.