IncomeBy County

Carroll County, Kentucky

Income Data

+3% vs. Kentucky average
$57,753
Median Household Income
$29,904
Per Capita Income

At a Glance

Median Household Income
$57,753
+3% vs. state avg
Per Capita Income
$29,904
-24% vs. national
Income-to-Housing Ratio
44.5%
income as % of home value
Rank in Kentucky
#53 / 120
by median household income

How Carroll County Compares

Carroll County$57,753
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$57,753
Median Household Income
$29,904
Per Capita Income
$129,800
Median Home Value
44.5%
Income-to-Housing Ratio

Data Story

About Household Income in Carroll County, Kentucky

Carroll slightly above state average

Carroll County's median household income of $57,753 edges above Kentucky's state average of $55,909 by roughly $1,850, but lags the national median of $74,755 by about $17,000. The county earns approximately 77% of typical U.S. household income, ranking in the lower-middle tier nationally.

Solid mid-tier rank in Kentucky

Carroll County places comfortably above Kentucky's median for household income, ranking in the upper-middle tier among the state's 120 counties. Per capita income of $29,904 essentially matches the state average, suggesting a fairly even income distribution.

Carroll competitive with regional peers

Carroll's $57,753 median household income runs nearly identical to nearby Caldwell ($57,618) and Carlisle ($62,019), positioning it as a solid regional performer. The county trails Campbell County ($77,271) but outpaces lower-income peers like Casey ($41,689) and Carter ($50,389).

Rent cost climbing toward threshold

Carroll's rent-to-income ratio of 17.7% approaches the 20% caution level, meaning typical renters spend roughly $852 monthly against median income. Home values of $129,800 remain accessible but require disciplined savings and stable employment for most first-time buyers.

Strategic planning pays off here

Carroll County residents should prioritize building emergency savings before investing, given moderate income and rising rental costs. Explore first-time homebuyer programs, employer retirement match programs, and low-cost index funds as building blocks for longer-term wealth accumulation.

Frequently Asked Questions

What is the median household income in Carroll County, Kentucky?
The median household income in Carroll County, Kentucky is $57,753, 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 $29,904, 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 $57,753.
How does Carroll County compare to the Kentucky average?
Carroll County's median household income of $57,753 is higher than the Kentucky state average of $55,909. The per capita income is $29,904, compared to the state average of $29,616.
What is the per capita income in Carroll County, Kentucky?
The per capita income in Carroll County, Kentucky is $29,904, 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.
Why is Carroll County income higher than the Kentucky average?
Carroll County's median household income of $57,753 is higher than the Kentucky average of $55,909. This difference of $1,844 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Carroll County rank for income in Kentucky?
Carroll County ranks #53 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $57,753 and per capita income of $29,904, it falls in the middle third of counties statewide.

Income Comparison Calculator

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Your income is above the Carroll County median

County median: $57,753 per year

vs. County Median

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vs. State Average

+3%

vs. National Median

-23%

vs. Carroll County MedianAbout equal
vs. Kentucky Average▲ 3% above
vs. National Median▼ 23% below

Income Adequacy

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Your monthly income ($4,813) vs. median rent ($853/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Counties with Similar Income Levels

Page County
Iowa
$57,752
+0%
Todd County
Kentucky
$57,759
+0%
Mecosta County
Michigan
$57,774
+0%
Schoolcraft County
Michigan
$57,708
+0%
Iberia Parish
Louisiana
$57,811
+0%
Franklin County
Nebraska
$57,692
+0%
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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.

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