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Mount Carroll, IL Profile: Facts & Data

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Mount Carroll, Illinois - Basic Facts

The City of Mount Carroll had a population of 1,415 as of July 1, 2024.

The primary coordinate point for Mount Carroll is located at latitude 42.095 and longitude -89.9782 in Carroll County. The formal boundaries for the City of Mount Carroll encompass a land area of 2 sq. miles and a water area of 0 sq. miles. Carroll County is in the Central time zone (GMT -6).

The City of Mount Carroll has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Mount Carroll is located within Township of Mount Carroll, a minor civil division (MCD) of Carroll County.


Jump to... (On This Page!)
  1. Mount Carroll 2024 Demographic Data
  2. Growth Rates for Mount Carroll (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2024 Demographics
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Mount Carroll, IL Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 1,415 (100%)
Population in Households 1,359 (96.0%)
Population in Families 1,015 (71.7%)
Population in Group Quarters1 56 ( 4.0%)
Population Density 706
Diversity Index2 16
 
 

INCOME

Median Household Income $56,482
Average Household Income $76,871
% of Income for Mortgage4 12%
Per Capita Income $36,729
Wealth Index5 69
Socioeconomic Status Index6 Moderate (51.4)
 

HOUSING

Total HU (Housing Units) 821 (100%)
Owner Occupied HU 536 (65.3%)
Renter Occupied HU 139 (16.9%)
Vacant Housing Units 146 (17.8%)
Median Home Value $106,500
Average Home Value $163,060
Housing Affordability Index3 185
 

HOUSEHOLDS

Total Households 675
Average Household Size 2.01
Family Households 395
Average Family Size 3.00
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population -1.04% -0.57%
Households 0.10% 0.06%
Families   0.45%
Median Household Income   1.66%
Per Capita Income   3.08%
Owner Occupied HU   0.22%

Mount Carroll, IL - Peer Comparisons by Rank and Percentile

The table below compares Mount Carroll to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 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.

Variable Description Rank Percentile
Total Population # 586 60th
Population Density # 902 38th
Median Household Income # 1155 21st
Housing Affordability Index # 1169 80th
Per Capita Income # 824 44th
Diversity Index # 974 34th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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