Carrollwood, FL Profile: Facts & Data

The Carrollwood Census Designated Place had a population of 36,054 as of July 1, 2020. 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 (GNIS ID: 2402548) 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.

Carrollwood, FL Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	36,054 (100%)
Population in Households	36,023 (99.9%)
Population in Families	27,957 (77.5%)
Population in Group Quarters¹	31 ( 0.1%)
Population Density	3,912
Diversity Index²	66


INCOME
Median Household Income	$74,626
Average Household Income	$101,605
% of Income for Mortgage⁴	15%
Per Capita Income	$42,814
Wealth Index⁵	128

HOUSING
Total HU (Housing Units)	16,110 (100%)
Owner Occupied HU	9,568 (59.4%)
Renter Occupied HU	5,594 (34.7%)
Vacant Housing Units	947 ( 5.9%)
Median Home Value	$266,807
Average Home Value	$307,934
Housing Affordability Index³	153

HOUSEHOLDS
Total Households	15,163
Average Household Size	2.38
Family Households	9,420
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, 2020 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	2010-2020	2020-2025
Population	0.76%	0.91%
Households	0.68%	0.82%
Families	0.49%	0.79%
Median Household Income		1.31%
Per Capita Income		1.72%
Owner Occupied HU		0.83%

Variable Description	Rank	Percentile
Total Population	# 114	88th
Population Density	# 184	80th
Median Household Income	# 203	78th
Housing Affordability Index	# 444	48th
Per Capita Income	# 178	81st
Diversity Index	# 209	77th

Carrollwood, FL Profile: Facts & Data

Carrollwood, Florida - Basic Facts

Carrollwood, FL Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Carrollwood, FL - Peer Comparisons by Rank and Percentile

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