Places/IL/Carroll County, IL
County profile

Carroll County, IL

United States · GDP 2024
#2064 of 3,127 US counties by GDPbottom-quartile growthmore diversified than 49% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$761.5M
BEA · 2024
GDP growth (YoY)
+1.2%
BEA · 2024
Jobs tracked
3,011
Census CBP · 2023
Employers
363
Census CBP · 2023
Avg. wage
$47.1k
BLS QCEW · 2023
Population
15,419
Census PEP · 2025
Labor, income & education
Unemployment
3.9%
Median HH income
$60.8k±$2.7k
Bachelor's degree+
17.8%±1.8%
Poverty rate
14.2%±2.3%
Business applications
139 · 2025
Retail establishments
55
35.6/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Manufacturing32%
Health care18%
Retail trade17%
Wholesale trade12%
Food & accommodation11%
Other services9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
15,419
residents · 2025 · -1.7% since 2020
Income per capita $54.2k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+182
International migration+12
Natural change446

GDP trend

20192024 · nominal
$552.7M
2019
$573.5M
2020
$668.6M
2021
$751.4M
2022
$752.7M
2023
$761.5M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$114.5k±$5.9k
Median gross rent
$818/mo±$38/mo
Vacancy rate
19.8%±3.0%
Affordability
2.4× wages
Residential permits
$4.5M
18 units · 1.2/1k pop
FEMA risk score
39.0
HUD Fair Market Rent (2BR):$916/mo · 2026
TOP PERILS · FEMA NRI
Drought 85Landslide 77Strong wind 75
FHFA HOUSE PRICE INDEX · 20162025
181
2016
187
2017
193
2018
191
2019
199
2020
215
2021
224
2022
252
2023
276
2024
286
2025
RESIDENTIAL PERMITS · 20212025
-55% since 2021
40
2021
21
2022
22
2023
25
2024
18
2025

Transport access

BTS · FAA · USACE
Nearest interstate
34.6 km
I-88
Nearest freight rail
1.8 km
CPKC
Nearest port
18.7 km
SAVANNA ILL
Nearest commercial airport
70.4 km
CHICAGO/ROCKFORD INTL
Wage trend
BLS QCEW · 20192023
$47.1k
avg. annual pay · +19% since 2019
The read

What is the GDP of Carroll?

Carroll's economy produced $761.5M in 2024, growing 1.2% year over yearslower than 75% of US counties. Its largest employment sector is manufacturing.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.