Carrollwood, FL Profile: Facts & Data

The Carrollwood CDP⁽¹⁾ had a population of 35,587 as of July 1, 2021. Carrollwood ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Carrollwood is located at latitude 28.05 and longitude -82.4929 in Hillsborough County. The formal boundaries for the Carrollwood Census Designated Place encompass a land area of 9.22 sq. miles and a water area of 1.05 sq. miles. Hillsborough County is in the Eastern time zone (GMT -5). The elevation is 39 feet.

The Carrollwood Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Carrollwood Census Designated Place is located within Tampa CCD of Hillsborough County.

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.

Carrollwood, FL Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	35,587 (100%)
Population in Households	35,555 (99.9%)
Population in Families	27,599 (77.6%)
Population in Group Quarters¹	32 ( 0.1%)
Population Density	3,861
Diversity Index²	67


INCOME
Median Household Income	$72,919
Average Household Income	$100,299
% of Income for Mortgage⁴	17%
Per Capita Income	$42,479
Wealth Index⁵	123

HOUSING
Total HU (Housing Units)	15,989 (100%)
Owner Occupied HU	10,076 (63.0%)
Renter Occupied HU	4,965 (31.1%)
Vacant Housing Units	948 ( 5.9%)
Median Home Value	$299,718
Average Home Value	$340,723
Housing Affordability Index³	134

HOUSEHOLDS
Total Households	15,041
Average Household Size	2.36
Family Households	9,319
Average Family Size	3

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.

Carrollwood, FL - Peer Comparisons by Rank and Percentile

The table below compares Carrollwood to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2021 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	2010-2021	2021-2026
Population	0.57%	0.85%
Households	0.55%	0.78%
Families	0.35%	0.76%
Median Household Income		2.04%
Per Capita Income		2.31%
Owner Occupied HU		1.1%

Variable Description	Rank	Percentile
Total Population	# 116	87th
Population Density	# 190	79th
Median Household Income	# 223	76th
Housing Affordability Index	# 409	45th
Per Capita Income	# 197	79th
Diversity Index	# 210	77th

Carrollwood, FL Profile: Facts & Data

Carrollwood, Florida - Basic Facts

Carrollwood, FL Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Carrollwood, FL - Peer Comparisons by Rank and Percentile

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