County profile
Carroll County, IN
United States · GDP 2024
#1881 of 3,127 US counties by GDPbottom-quartile growthmore diversified than 3% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$951.5M
BEA · 2024
GDP growth (YoY)
+1.0%
BEA · 2024
Jobs tracked
5,264
Census CBP · 2023
Employers
405
Census CBP · 2023
Avg. wage
$47.7k
BLS QCEW · 2023
Population
20,655
Census PEP · 2025
Labor, income & education
Unemployment
3.1%
Median HH income
$65.6k±$4.4k
Bachelor's degree+
17.2%±2.0%
Poverty rate
8.8%±1.9%
Business applications
182 · 2025
Retail establishments
46
22.2/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
Manufacturing61%
Food & accommodation11%
Health care9%
Retail trade8%
Construction7%
Admin & support4%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
20,655
residents · 2025 · +1.6% since 2020
Income per capita $55.1k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+272
International migration+60
Natural change−8
GDP trend
2019–2024 · nominal
$677.2M2019
$724.4M2020
$822.4M2021
$866.5M2022
$942.1M2023
$951.5M2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$180.9k±$9.2k
Median gross rent
$890/mo±$102/mo
Vacancy rate
15.4%±2.2%
Affordability
3.8× wages
Residential permits
$13.1M
52 units · 2.5/1k pop
FEMA risk score
29.6
HUD Fair Market Rent (2BR):$973/mo · 2026
TOP PERILS · FEMA NRI
Drought 60Hail 53Cold wave 53
FHFA HOUSE PRICE INDEX · 2016–2025
1732016
1872017
2022018
2122019
2162020
2472021
2862022
3082023
3332024
3412025
RESIDENTIAL PERMITS · 2021–2025
↑ 4% since 2021502021
312022
432023
322024
522025
Transport access
BTS · FAA · USACE
Nearest interstate
27.1 km
I-65
Nearest freight rail
2.8 km
TPW
Nearest port
111.4 km
Northern Indiana District, IN
Nearest commercial airport
36.9 km
PURDUE UNIVERSITY
Wage trend
BLS QCEW · 2019–2023$47.7k
avg. annual pay · +24% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Carroll?
Carroll's economy produced $951.5M in 2024, growing 1.0% year over year — slower than 76% 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.