Carroll County, Illinois Income Statistics

Carroll County Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

  • C
    Carroll County Below average

Source: Map AI Methodology

Carroll County
Click a county to open it Explore the map →
Wealth grade

Income Statistics Overview

See income data visualized

Metric Carroll County Illinois Avg US Average
Median Household Income $61,019 $84,042 $80,455
Median Personal Income $48,811 $64,565 $60,758
Average Yearly Income Growth 2.6% 4.5% 4.8%
Six-Figure Earners 6.5% 15.0% 13.9%
$200k+ Households 3.4% 13.8% 13.2%

The median household income in Carroll County is about 27% lower than in Illinois. Income has been growing slower in Carroll County (2.6%/yr) than in Illinois (4.5%/yr).

About 7% of adults in Carroll County earn six figures ($100,000 or more) a year, lower than the Illinois average of 15%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Carroll County
United States

Median household income in Carroll County, Illinois grew by 41.0% from 2009 to 2024, reaching $61,019 in 2024. That's an average of about 2.6% per year.

Year Carroll County United States

Income Inequality and the Gender Pay Gap in Carroll County

Metric Carroll County Illinois Avg US Average
Gini Coefficient 0.548 0.547 0.552
Male Median Income $57,082 $73,933 $69,667
Female Median Income $43,590 $60,067 $56,850
Gender Pay Gap 23.6% 18.8% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Carroll County, it is 0.548, about the same as Illinois's 0.547, so income here is about as evenly distributed as there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.

Men's income is about 31% more than women's income in Carroll County, Illinois. Over a 35-year career, a 31% wage gap accumulates to roughly $472,220 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Carroll County, Illinois has narrowed from about 36% to 24% in 2024. In dollar terms, the gap has narrowed by $2,638 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Carroll County Illinois Avg US Average
Unemployment Rate 3.1% 5.8% 5.2%
Working from Home 6.8% 15.9% 15.0%
Commute time (minutes) 21 23 22

Approximately 205 people are unemployed in Carroll County, Illinois.

The average commute time in Carroll County is 21 minutes, shorter than the 23 minutes in Illinois.

Unemployment Rate Over Time

Carroll County
United States

Since 2011, the unemployment rate in Carroll County, Illinois has fallen from 8.5% to 3.1% in 2024. Over that period the rate peaked at 9.3% in 2013.

Year Carroll County United States

Carroll County, IL Wealth Compared With Nearby Counties

Carroll County, IL is the smallest of the 6 counties compared here, 15,576 residents against a local median of 46,268. Carroll County, IL's income growth, at 2.6%/yr, runs 35% below the 4.0%/yr typical of the counties around it. That is the weaker end of the local range on this measure.

Unemployment tells the same story from another angle: 3.1% against a local median of 4.3%, 29% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Carroll County, IL is trading one against the other rather than simply out-performing what surrounds it. The counties themselves sit within 1.0%/yr of each other on income growth, a tighter band than the gap between any of them and Carroll County, IL, which makes it a genuine outlier here rather than one end of a wide local spread. Carroll County, IL has the 6th highest income growth of the 6 areas compared here.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Carroll County, IL 15,576 $61,019 #6/6 2.6%/yr #6/6 3.1% #1/6 0.548 #6/6
Whiteside County, IL 54,941 $67,250 3.9%/yr 4.3% 0.501
Stephenson County, IL 43,760 $64,970 4.6%/yr 4.3% 0.498
Jo Daviess County, IL 21,851 $73,995 3.9%/yr 3.6% 0.477
Ogle County, IL 51,485 $81,962 4.9%/yr 5.0% 0.512
Clinton County, IA 46,268 $68,145 4.0%/yr 3.4% 0.516

Conclusion

Considering all these factors, Carroll County, Illinois has an overall wealth index grade of C, making it about on par with Illinois, and about on par with the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Carroll County, Illinois.

How Rich Is Carroll County, Illinois?

Carroll County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $61,019, about 27% lower than the Illinois average of $84,042.

How has median household income changed in Carroll County, Illinois?

Between 2009 and 2024, the median household income in Carroll County, Illinois rose 41%, from $43,274 to $61,019. Over the same years, income here lagged behind Illinois as a whole: +41% against +52%.

What was the median household income in Carroll County in 2023?

In 2023, the median household income in Carroll County, Illinois was $61,119, down 1% from $61,806 in 2022. The Illinois median that year was $82,182.

What was the median household income in Carroll County in 2020?

In 2020, the median household income in Carroll County, Illinois was $52,917. By 2024 it had risen 15% to $61,019.

Is it hard to find a job in Carroll County, Illinois?

Unemployment in Carroll County, Illinois is only 3.1%, well below the Illinois rate of 5.8%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Carroll County, Illinois?

The Gini coefficient in Carroll County is 0.548. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.

How has the income gap between men and women changed in Carroll County, Illinois?

Since 2009, the income gap between men and women in Carroll County, Illinois has narrowed from about 36% to 24% in 2024. In dollar terms, the gap has narrowed by $2,638 since 2009.

Analyze any area in the US

Get local demographics for any address, aggregated by drive time or radius, on the interactive map.

Explore the map →