Carroll County, Arkansas: commercial real estate data.
Carroll County, Arkansas had an estimated 28,968 residents on July 1, 2024, up 2.5 percent since the 2020 census base of 28,257, across 630 square miles. County output reached $1.31 bn in 2024, 722 establishments operate here, and the SBA record carries 39 7(a) approvals worth $18.8 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Carroll County
How many people live in Carroll County
- Population, American Community Survey 2020-202428,626
- Households11,347
- Average household size2.52
- Median household income$54,230
- Median age44.5
- Median gross rent$856 per month
- Median owner-occupied home value$210,400
- Home value to household income3.9 times
- Annual rent as a share of median income18.9 percent
- Adults 25 and over with a bachelor degree or higher20.0 percent
- Adults 25 and over with a graduate degree6.9 percent
- Adults 25 and over20,424
- Population under 186,204
- Share under 1821.7 percent
- Population 65 and over6,705
- Share 65 and over23.4 percent
- Working age population, 18 to 6415,717
- Civilian labor force12,512
- Unemployment rate4.7 percent
- Labor force participation, adults 18 and over55.8 percent
- Rank by population among Arkansas counties23rd of 75
- Rank by population among US county-equivalents, Puerto Rico included1518th of 3,222
Carroll County is the 23rd largest of 75 Arkansas counties by population. A median home costs 3.9 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 23.4 percent against 21.7 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Carroll County
Is Carroll County's population growing?
- Population, July 1, 202428,968
- Census 2020 base population28,257
- Population change since the 2020 census base2.52 percent
- Population change, 2023 to 2024230
- Births, 2024329
- Deaths, 2024337
- Natural change, 2024-8
- Net domestic migration, 2024225
- Net international migration, 202417
- Total net migration, 2024242
- Cumulative net domestic migration, 2021 to 2024812
- Rank by growth among US county-equivalents1002nd of 3,144
The county has grown 2.52 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Carroll County
Where are people moving to Carroll County from?
- Tax returns filed by households arriving838
- People arriving, from those returns1,534
- Tax returns filed by households leaving744
- Net household movement94
- Adjusted gross income arriving$51.9 m
- Net adjusted gross income movement$14.5 m
- Average income of an arriving household$61,933
- Average income of a leaving household$50,207
- Largest single originWashington County (78 households)
- Largest single destinationWashington County (89 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Washington County | 78 | 133 | $3.2 m |
| Boone County | 71 | 162 | $2.5 m |
| Benton County | 68 | 126 | $4.6 m |
| Madison County | 29 | 71 | $1.1 m |
Households arriving report $11,726 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Washington County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Carroll County
What is the Carroll County economy?
- County GDP, 2024$1.31 bn
- County GDP, 2023$1.10 bn
- GDP change, 2023 to 202418.7 percent
- GDP change over five years49.1 percent
- Rank by GDP among the Arkansas areas BEA publishes25th of 75
- Rank by GDP among the US county areas BEA publishes1623rd of 3,127
- GDP per resident$45,725
Output grew 18.7 percent in the latest year and 49.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Carroll County
Employment by industry in Carroll County
- Covered employment, annual average10,760
- Establishments reporting803
- Average annual pay$40,303
- Average weekly wage$775
- Manufacturing, employment3,609
- Manufacturing, average annual pay$40,745
- Accommodation and food services, employment1,440
- Accommodation and food services, average annual pay$23,962
- Retail trade, employment1,086
- Retail trade, average annual pay$29,806
- Construction, employment430
- Construction, average annual pay$50,495
- Finance and insurance, employment334
- Arts, entertainment and recreation, employment293
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 3,609 | 29 | $40,745 |
| Accommodation and food services | 1,440 | 164 | $23,962 |
| Retail trade | 1,086 | 119 | $29,806 |
| Construction | 430 | 85 | $50,495 |
| Finance and insurance | 334 | 33 | $67,009 |
| Arts, entertainment and recreation | 293 | 17 | $15,532 |
| Administrative and support and waste management services | 235 | 28 | $45,679 |
| Wholesale trade | 211 | 23 | $45,051 |
Manufacturing is the largest private sector at 3,609 jobs, 33.5 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Carroll County
How many businesses are in Carroll County?
- Establishments, all industries722
- Employment at those establishments8,687
- Annual payroll$345.9 m
- Establishments per 1,000 residents25.2
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Carroll County
Building permits in Carroll County
- Housing units authorized by permit, 202430
- Declared construction value permitted$7.9 m
- Single family units authorized20
- Multifamily units authorized10
- Multifamily share of units33.3 percent
- Average declared value per unit$264,560
- Units authorized per 1,000 households2.6
Single-family homes are 66.7 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Carroll County
SBA loans in Carroll County (7(a) and 504)
- 7(a) approvals recorded39
- 7(a) gross approval dollars$18.8 m
- Average 7(a) approval$482,338
- Median 7(a) approval$344,200
- 10th percentile approval$50,000
- 90th percentile approval$1,192,160
- Largest single approval$2,983,600
- Jobs reported supported, 7(a)264
- Jobs per approval6.8
- Distinct 7(a) lenders active13
- Distinct industries receiving approvals27
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer30.8 percent
- Loans on real estate terms12
- Loans on working capital terms, 120 months or shorter23
- Franchise loans3
- Franchise share of approvals7.7 percent
- Leading industry by approval countLimited-Service Restaurants (4)
- 504 approvals recorded10
- 504 gross approval dollars$4.0 m
- Average 504 approval$395,600
- Median 504 approval$408,500
- Distinct CDCs active2
- 504 jobs per approval1.5
- 504 jobs per million dollars approved3.8
- Most active CDCRural Missouri, Inc. (8)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$22.8 m
The average approval of $482,338 sits well above the median of $344,200, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. 30.8 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Carroll County
SBA loan default and charge-off rates in Carroll County
Do SBA loans in Carroll County get paid back?
- Loans with a final outcome recorded9
- Paid in full9
- Charged off0
- Status: Cancelled4
- Status: Exempt from disclosure25
- Status: Paid in full9
- Status: Committed, not yet disbursed1
Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Carroll County
SBA lending by place in Carroll County
- Borrower cities with recorded lending7
- Berryville, approvals15
- Eureka Springs, approvals13
- Green Forest, approvals5
- Huntsville, approvals3
- Oak Grove, approvals1
- Alpena, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Berryville | 15 | $5,396,000 |
| Eureka Springs | 13 | $4,481,200 |
| Green Forest | 5 | $3,084,800 |
| Huntsville | 3 | $1,416,600 |
| Oak Grove | 1 | $2,983,600 |
| Alpena | 1 | $1,299,000 |
| Holiday Island | 1 | $150,000 |
Berryville accounts for 15 approvals against 13 in Eureka Springs. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Carroll County
How large is Carroll County?
- Land area630 sq mi
- Rank by land area among Arkansas counties44th of 75
- Width, east to west31.8 mi
- Height, north to south26.1 mi
- Geographies sharing a boundary7
- Residents per square mile of land45
- Establishments per square mile1.15
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Carroll County
Flood risk in Carroll County
- Participation of the county's own NFIP community Carroll County, unincorporated areasNot participating, community 050024
- Communities in the county in the NFIP Community Status Book6
- Of those, participating in the NFIP2
- NFIP participation rate33.3 percent
- Communities carrying a CRS class0
- Radon levels in Carroll County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Carroll County (community 050024), does not participate in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Carroll County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 33.3 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Carroll County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Carroll County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202428,626
- Households11,347
- Average household size2.52
- Median household income$54,230
- Median age44.5
Common questions
Carroll County questions, answered from the record.
How many people live in Carroll County, Arkansas?
The Census Bureau estimates 28,968 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 28,626, in 11,347 households, ranking 23rd of 75 Arkansas counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Carroll County's population growing?
The population has grown 2.52 percent since the 2020 census base of 28,257, to 28,968 on July 1, 2024. In 2024 there were 329 births against 337 deaths, with net migration of 242. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Carroll County?
$54,230. The median owner-occupied home is valued at $210,400, which is 3.9 times income, and median gross rent is $856 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Carroll County?
722 establishments, employing 8,687 people with an annual payroll of $345.9 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Carroll County?
Manufacturing is the largest private sector at 3,609 jobs, 33.5 percent of covered employment. Covered employment averages 10,760 jobs at an average annual pay of $40,303, or $775 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Carroll County?
39 7(a) approvals totaling $18.8 m since FY2020, across 13 lenders, with a median approval of $344,200, plus 10 504 approvals worth $4.0 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Carroll County?
30 housing units were authorized by permit in 2024, with a declared construction value of $7.9 m. Multifamily was 33.3 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Carroll County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Carroll County come from?
The largest single origin is Washington County, with 78 households. Arriving households report an average income of $61,933 against $50,207 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Carroll County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Carroll County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Carroll County
Cities and places in Carroll.
8 Census places lie wholly or partly in Carroll County. All 8 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Berryville | city | 5,707 | 15 | Wholly in this county |
| Green Forest | city | 3,112 | 5 | Wholly in this county |
| Holiday Island | city | 2,480 | 1 | Wholly in this county |
| Eureka Springs | city | 2,433 | 13 | Wholly in this county |
| Alpena | town | 510 | 1 | 79.6 percent here, 20.4 percent Boone County |
| Oak Grove | town | 285 | 1 | Wholly in this county |
| Beaver | town | 121 | None recorded | Wholly in this county |
| Blue Eye | town | 33 | None recorded | Wholly in this county |
A further 3 of the county's 39 SBA 7(a) approvals are to borrowers in cities that match no Census place in Carroll County, the largest being Huntsville (3). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.