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Carroll County

Learn about the people, housing, costs and businesses in Carroll County County

Median Home$123,757
Median Rent$855/month
Population15,576
Leading IndustriesRetail · Finance & Insurance · Professional Services23% retail
Home Value Growth⬆⬆⬆+21.2% over 2 years
Retirees24% of residentsslightly above average
Homeowners77% of occupied units
NotableVeteran Community9% of residents · top 20% nationally
Carroll County
IL

Frequently Asked Questions

What are today's mortgage rates in Carroll County?

As of today, the 30-year fixed mortgage rate for Carroll County is approximately 7.237% (7.274% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Carroll County?

The median home value in Carroll County is $124k. The median monthly rent is $855. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Carroll County?

Home values in Carroll County have increased 21.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Carroll County?

Based on a typical all-in ownership cost of $840/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Carroll County is $64k/year.

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What industries drive the economy in Carroll County?

The largest employment sectors in Carroll County are retail (23%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas