Carroll County, Virginia
Income Data
At a Glance
How Carroll County Compares
Detailed Income Statistics
Data Story
About Household Income in Carroll County, Virginia
Carroll County significantly below national income
Carroll County's median household income of $52,575 falls 30% short of the national median of $74,755. The county ranks among the lowest-income communities in America, reflecting limited job diversity and rural economic constraints.
Among Virginia's lowest earners
Carroll County's $52,575 median is more than $22,000 below Virginia's average of $74,957, placing it among the state's most economically challenged regions. The per capita income of $29,946 trails Virginia's $39,155 by 23%.
Second-lowest in southwest Virginia cluster
Carroll County's $52,575 median exceeds only Charlotte County ($48,892) in its region. Buckingham County ($59,199) earns notably more, highlighting economic disparities across southwest Virginia.
Affordable housing provides stability
Carroll County's rent-to-income ratio of 15.7% is among the lowest in Virginia, reflecting affordable rental and homeownership costs. The median home value of $144,200 is highly accessible, allowing households to build equity despite modest incomes.
Start small, think long-term
Low housing costs offer Carroll County households a foundation for financial stability; use this advantage to build savings gradually. Explore free or low-cost financial literacy resources, take advantage of any employer retirement benefits, and consider asset-building programs designed for lower-income communities.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Carroll County median
County median: $52,575 per year
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vs. National Median
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Income Adequacy
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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.