Carroll County, Illinois

Income Data

-11% vs. Illinois average
$60,871
Median Household Income
$32,921
Per Capita Income

At a Glance

Median Household Income
$60,871
-11% vs. state avg
Per Capita Income
$32,921
-17% vs. national
Income-to-Housing Ratio
53.6%
income as % of home value
Rank in Illinois
#75 / 102
by median household income

How Carroll County Compares

Carroll County$60,871
Illinois Average$68,580
National Median$74,755

Detailed Income Statistics

$60,871
Median Household Income
$32,921
Per Capita Income
$113,500
Median Home Value
53.6%
Income-to-Housing Ratio

Data Story

About Household Income in Carroll County, Illinois

Carroll trails national income significantly

Carroll County's median household income of $60,871 falls 18% short of the national median of $74,755, positioning it among lower-earning U.S. counties. This substantial gap reflects limited economic dynamism and earning potential.

Lower tier in Illinois

Carroll County ranks in the lower third of Illinois counties with a median household income of $60,871, trailing the state average of $68,580 by $7,709. Per capita income of $32,921 also lags the state's $36,009 average, indicating constrained individual earning capacity.

Among the county's lower earners

Carroll County's $60,871 income ranks second-lowest in this eight-county comparison, ahead of only Alexander County's $43,523. Even modest performers like Bond County ($61,603) marginally exceed Carroll, reflecting the county's economic challenges.

Tight housing affordability

At 15.5%, Carroll County's rent-to-income ratio is the highest in this dataset, indicating housing costs strain household budgets. The median home value of $113,500 is the lowest among comparable counties, reflecting limited property values and appreciation potential.

Strategic investing despite constraints

Carroll County households earning $60,871 must carefully manage budgets before investing, prioritizing emergency savings and debt reduction. Once housing and basic needs are secured, even modest contributions to retirement accounts and low-cost index funds can compound meaningfully over decades.

Frequently Asked Questions

What is the median household income in Carroll County, Illinois?
The median household income in Carroll County, Illinois is $60,871, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Carroll County?
The per capita income in Carroll County is $32,921, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $60,871.
How does Carroll County compare to the Illinois average?
Carroll County's median household income of $60,871 is lower than the Illinois state average of $68,580. The per capita income is $32,921, compared to the state average of $36,009.
What is the per capita income in Carroll County, Illinois?
The per capita income in Carroll County, Illinois is $32,921, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Carroll County a low-income area in Illinois?
Carroll County's median household income of $60,871 is below the Illinois average of $68,580. The per capita income of $32,921 is also lower than the state average of $36,009. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Carroll County rank for income in Illinois?
Carroll County ranks #75 out of 102 counties in Illinois by median household income (1 = highest). With a median household income of $60,871 and per capita income of $32,921, it falls in the bottom third of counties statewide.

Income Comparison Calculator

See how your household income compares in Carroll County

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Your income is above the Carroll County median

County median: $60,871 per year

vs. County Median

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vs. State Average

-11%

vs. National Median

-19%

vs. Carroll County MedianAbout equal
vs. Illinois Average11% below
vs. National Median19% below

Income Adequacy

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Your monthly income ($5,073) vs. median rent ($784/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.