Cost of Living in Carrollton, KY
Population 3,894 · Kentucky · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Carrollton a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $122,000. At 6.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Carrollton is about 45 miles northeast of Louisville/Jefferson County metro government (balance), the nearest large metro. Median home values run roughly 45% lower than Louisville/Jefferson County metro government (balance)'s $222,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Carrollton
The median home value in Carrollton is $122,400 — 60% below the national median of $305,000. Median rent runs $862/month, 34% lower than the national median of $1,314/month. The median household income of $58,788/year is 21% lower than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. Kentucky's top state income tax rate is 4.0% and the combined sales tax is 6.0%. Overall, Carrollton has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.
Carrollton has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Carrollton, KY?
Carrollton has a cost index of 50 (100 = national average). It is 50% below the national average.
What is average rent in Carrollton, KY?
The median gross rent in Carrollton is $862 per month based on 2023 Census data.
What is the average home price in Carrollton?
The median home value in Carrollton is $122,400 according to Zillow and Census data.
What is the median income in Carrollton?
The median household income in Carrollton is $58,788 per year (2023 ACS 5-year estimates).
What is the sales tax in Carrollton, KY?
The combined state and local sales tax rate in Carrollton is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Carrollton, KY affordable?
Yes, Carrollton is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.
Carrollton at a Glance
- Population
- 3,894
- Median Income
- $58,788
- Home Value
- $122,400
- Median Rent
- $862/mo
- Unemployment
- 6.5%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Kentucky Rankings
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