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Carrollwood, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
36,725
Population
$81,959
Median Income
$384,600
Home Value
39.8
Median Age

Demographics

Carrollwood has a population of 36,725 with a median age of 39.8. Here is the racial and ethnic breakdown of the population:

White
59.0%
Hispanic
35.0%
Black
7.8%
Asian
2.1%
Demographic Value
Total Population36,725
Median Age39.8
White59.0%
Black or African American7.8%
Asian2.1%
Hispanic or Latino35.0%
Carrollwood, Florida — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 104.White: 56.8%Hispanic/Latino: 33.7%Black: 7.5%Asian: 2.0%36,725PopulationWhiteWhite56.8%Hispanic/LatinoHispanic/Latino33.7%BlackBlack7.5%AsianAsian2.0%

Income & Economy

The median household income in Carrollwood is $81,959, which is 1.7% above the national median of $80,610. The per capita income is $49,389. The poverty rate is 8.4%.

$81,959
Median Household Income
$49,389
Per Capita Income
8.4%
Poverty Rate

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Education

In Carrollwood, 93.0% of residents age 25+ have a high school diploma or higher, and 44.0% hold a bachelor's degree or higher (14.9% with a graduate or professional degree).

HS Diploma+
93.0%
Bachelor's+
44.0%
Graduate+
14.9%
Education Level % of Adults (25+)
High School Diploma or Higher93.0%
Bachelor's Degree or Higher44.0%
Graduate or Professional Degree14.9%

Housing

The median home value in Carrollwood is $384,600, above the national median of $303,400. The median monthly rent is $1,715. The homeownership rate is 68.5%.

$384,600
Median Home Value
$1,715/mo
Median Rent
68.5%
Homeownership Rate
Housing Metric Value
Median Home Value$384,600
Median Monthly Rent$1,715
Homeownership Rate68.5%
Vacancy Rate3.2%

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Frequently Asked Questions

What is the population of Carrollwood, Florida?
The population of Carrollwood, Florida is 36,725 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Carrollwood, Florida?
The median household income in Carrollwood, Florida is $81,959. This is 1.7% above the national median of $80,610.
What is the median home value in Carrollwood, Florida?
The median home value in Carrollwood, Florida is $384,600. The median monthly rent is $1,715.
What percentage of people in Carrollwood have a college degree?
In Carrollwood, Florida, 44.0% of adults age 25 and older hold a bachelor's degree or higher, and 93.0% have a high school diploma or higher.
Is Carrollwood, Florida an affordable place to live?
The home price-to-income ratio in Carrollwood, Florida is 4.7x (median home value $384,600 vs. median income $81,959), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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