ExecutivePulse
Official Federal Data

Carroll County, Iowa

FIPS 19027 · Carroll, IA · Population 20,594
9 Sources Updated June 22, 2026
$72,930
Median Income
$80,734 national
2.4%
Unemployment
4% national
$1.8B
GDP
24%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$72,930
Per Capita
$40,939
Mean Household
$93,964
Poverty Rate
7.9%
Median Income Comparison
Carroll County$72,930
Iowa$75,059
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 21.2% (4,361 residents) 55-64: 14% (2,876 residents) 35-54: 21.7% (4,473 residents) 18-34: 18.8% (3,864 residents) Under 18: 24.4% (5,020 residents) 41 Median Age
Cohorts
Under 18 · 24.4%
18-34 · 18.8%
35-54 · 21.7%
55-64 · 14%
65+ · 21.2%
Race & Ethnicity
White92.9%
Black or African American0.7%
Asian0.2%
Hispanic or Latino(any race)3.5%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
95.2%
High School+
National: 89.6%
▲ +5.6 pts
24%
Bachelor's+
National: 35.7%
▼ 11.7 pts
6.1%
Graduate+
National: 14.1%
▼ 8.0 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
20,594
Population
10,828
Labor Force
Employed
10,631
Unemployment Rate BLS LAUS 2025 annual
2.4% ▲ +0.2 pts YoY
Mean Commute 11 min below national avg
15.7 min
Work From Home vs 15.1% national
7.3%
Key Takeaways
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 11.7 pts, relevant for advanced-services attraction strategy.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$1.8B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Carroll County, Iowa, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Manufacturing
1,496 22.7%
$64,918
2Retail Trade
1,375 20.9%
$34,599
3Wholesale Trade
1,023 15.5%
$60,471
4Accommodation and Food Services
713 10.8%
$18,371
5Finance and Insurance
635 9.6%
$88,139
6Construction
424 6.4%
$61,847
7Transportation and Warehousing
368 5.6%
$59,519
8Other Services (except Public Administration)
248 3.8%
$40,591
9Professional, Scientific, and Technical Services
186 2.8%
$66,820
10Administrative and Support and Waste Management
126 1.9%
$41,542
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Key Takeaways
  • Largest sector: Manufacturing employs 1,496 workers (22.7% of tracked sectors), at an average wage of $64,918.
  • Economic scale: Regional GDP of $1.8B (2024).
  • Wage stratification: Finance and Insurance averages $88,139 while Accommodation and Food Services averages $18,371, a 4.8x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Animal Production and Aquaculture
5.96x
113
Merchant Wholesalers, Nondurable Goods
4.65x
716
Truck Transportation
2.74x
285
Gasoline Stations and Fuel Dealers
2.54x
187
Transportation Equipment Manufacturing
2.26x
276
Insurance Carriers and Related Activities
2.13x
388
Nursing and Residential Care Facilities
2.00x
482
Food Manufacturing
1.51x
188

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Wholesale Trade Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
716
Cluster Employment
4.65x
Peak LQ
Concentrated Sub-Sectors
Animal Production and Aquaculture
5.96x 113
Merchant Wholesalers, Nondurable Goods
4.65x 716
Truck Transportation
2.74x 285
Gasoline Stations and Fuel Dealers
2.54x 187
Transportation Equipment Manufacturing
2.26x 276
Insurance Carriers and Related Activities
2.13x 388
Nursing and Residential Care Facilities
2.00x 482
Food Manufacturing
1.51x 188

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.15x
Administrative and Support Services
92 employed
0.25x
Professional, Scientific, and Technical Services
186 employed
0.39x
Accommodation
52 employed
Key Takeaways
  • Top specialization: Animal Production and Aquaculture concentrates at 5.96x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 8 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 6 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Carroll County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$176,000
Median Home Value vs 2019
$731
Rent/Mo
77.1%
Owner-Occ
7.9%
Vacancy
2.4x
Home Value to Income Ratio - Affordable
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$775/mo
1 Bedroom
$788/mo
2 Bedroom
$919/mo
3 Bedroom
$1,162/mo
4 Bedroom
$1,217/mo
30% of monthly median household income (~$1,823/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Affordable market: Home value to income ratio of 2.4x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
  • High home ownership: 77.1% owner-occupied; rental supply may be tight for incoming workers.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,823/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
11,213
Working Age (18-64) vs 2019
Mean Commute 11 min below national avg
15.7 min
Work From Home vs 15.1% national
7.3%
Prime-Age Employed (25-54)
86.9%
of prime-age population
Labor force participation rate: 69.5% of working-age population (18-64) 70% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
24%
HS Diploma+
95.2%
Regional / Statewide Institutions
Total credentials awarded
28,295/yr
University of Iowa 9,271/yr
Iowa State University 8,469/yr
Des Moines Area Community College 4,028/yr
University of Northern Iowa 2,755/yr
Kirkwood Community College 2,365/yr
Iowa Western Community College 1,407/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
25.6%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
33.4%
Service
15.1%
Sales & Office
21.2%
Construction / Maint.
10%
Production / Transport
20.3%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 10,631 employed workers.
Key Takeaways
  • Succession risk is real: 25.6% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Short commutes: 15.7-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 21,768 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Carroll County shows strong potential for animal production and aquaculture attraction, with a 5.96x concentration and 113 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 25.6% of the working-age population within 10 years of retirement age.

The interconnected base across animal production and aquaculture, merchant wholesalers, nondurable goods, and truck transportation creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Carroll County, Iowa, from federal data sources.

What is the population of Carroll County, Iowa?

20,594 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Carroll County, Iowa?

$72,930 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Carroll County, Iowa?

2.4% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Carroll County, Iowa?

$1.8B (U.S. Bureau of Economic Analysis, CAGDP1).