Carrollton, IN Profile: Facts & Data

The primary coordinate point for Carrollton is located at latitude 39.7056 and longitude -85.8208 in Hancock County. Hancock County is in the Eastern time zone (GMT -5).

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Carrollton, IN Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	420 (100%)
Population in Households	420 (100.0%)
Population in Families	361 (86.0%)
Population in Group Quarters¹	0
Population Density	393
Diversity Index²	18


INCOME
Median Household Income	$120,796
Average Household Income	$122,828
% of Income for Mortgage⁴	19%
Per Capita Income	$52,348
Wealth Index⁵	116
Socioeconomic Status Index⁶	High (69.7)

HOUSING
Total HU (Housing Units)	183 (100%)
Owner Occupied HU	159 (86.9%)
Renter Occupied HU	20 (10.9%)
Vacant Housing Units	4 ( 2.2%)
Median Home Value	$366,346
Average Home Value	$381,289
Housing Affordability Index³	122

HOUSEHOLDS
Total Households	179
Average Household Size	2.35
Family Households	133
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Carrollton, IN - Peer Comparisons by Rank and Percentile

The table below compares Carrollton to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2025 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	-0.58%	-1.93%
Households	-0.11%	-1.38%
Families		-0.76%
Median Household Income		1.04%
Per Capita Income		2.46%
Owner Occupied HU		-0.64%

Variable Description	Rank	Percentile
Total Population	# 519	47th
Population Density	# 707	28th
Median Household Income	# 42	96th
Housing Affordability Index	# 560	57th
Per Capita Income	# 91	91st
Diversity Index	# 489	50th

Carrollton, IN Profile: Facts & Data

Carrollton, Indiana - Basic Facts

Carrollton, IN Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Carrollton, IN - Peer Comparisons by Rank and Percentile

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