Carroll County, Arkansas
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Carroll County Compares
Detailed Income Statistics
Income Advisory: Carroll County
Income Verdict
Carroll County has a median household income of $55,187 and per capita income of $29,107 — a gap of $26,080, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $818/month and a median household income of $55,187, rent consumes approximately 17.8% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $55,187, residents of Carroll County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $29,107 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Carroll County earns approximately 7.9% above the Arkansas state median household income of $51,156, positioning it favorably within the state.
Data Story
About Household Income in Carroll County, Arkansas
Carroll County income trails national average
The median household income of $55,187 falls $19,568 below the national median of $74,755, indicating an economy that underperforms national benchmarks. This gap reflects limited access to high-wage professional and technical sectors.
Above-average earner within Arkansas
Carroll County's $55,187 median household income exceeds Arkansas's $51,156 state average by $4,031, placing it in the upper-middle tier of state counties. This advantage suggests a somewhat more robust local economy than most of Arkansas.
Competitive earner in north-central region
Carroll County's $55,187 ranks ahead of Baxter County ($48,427) but trails Arkansas County ($60,831) by roughly $5,600. Regional clustering suggests similar economic fundamentals across northern Arkansas despite varying job market strength.
Housing costs moderately manageable
At 17.8% of household income, Carroll County's rent-to-income ratio falls within healthy affordability bounds, though trending toward caution. The median home value of $186,300 requires stable income for homeownership but remains achievable for many households.
Income stability supports investment planning
Carroll County residents earning above state average should establish automatic monthly transfers of $125-250 into tax-advantaged investment vehicles. Patient, disciplined investing over 15-20 years compounds into meaningful wealth despite moderate absolute income levels.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Carroll County median
County median: $55,187 per year
vs. County Median
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vs. State Average
+8%
vs. National Median
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Income Adequacy
Your monthly income ($4,599) vs. median rent ($818/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.