Carroll County, Ohio: commercial real estate data.
Carroll County, Ohio had an estimated 26,460 residents on July 1, 2024, down 1.0 percent since the 2020 census base of 26,715, across 395 square miles. County output reached $1.82 bn in 2024, 464 establishments operate here, and the SBA record carries 56 7(a) approvals worth $8.9 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 2020-202426,659
- Households11,206
- Average household size2.38
- Median household income$64,835
- Median age45.6
- Median gross rent$863 per month
- Median owner-occupied home value$183,100
- Home value to household income2.8 times
- Annual rent as a share of median income16.0 percent
- Adults 25 and over with a bachelor degree or higher16.1 percent
- Adults 25 and over with a graduate degree6.3 percent
- Adults 25 and over19,291
- Population under 185,450
- Share under 1820.4 percent
- Population 65 and over5,954
- Share 65 and over22.3 percent
- Working age population, 18 to 6415,255
- Civilian labor force12,046
- Unemployment rate5.6 percent
- Labor force participation, adults 18 and over56.8 percent
- Rank by population among Ohio counties80th of 88
- Rank by population among US county-equivalents, Puerto Rico included1592nd of 3,222
Carroll County is the 80th largest of 88 Ohio counties by population. A median home costs 2.8 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 22.3 percent against 20.4 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, 202426,460
- Census 2020 base population26,715
- Population change since the 2020 census base-0.95 percent
- Population change, 2023 to 2024-294
- Births, 2024230
- Deaths, 2024405
- Natural change, 2024-175
- Net domestic migration, 2024-126
- Net international migration, 20247
- Total net migration, 2024-119
- Cumulative net domestic migration, 2021 to 2024402
- Rank by growth among US county-equivalents2173rd of 3,144
The county has lost 0.95 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
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 arriving703
- People arriving, from those returns1,340
- Tax returns filed by households leaving617
- Net household movement86
- Adjusted gross income arriving$38.8 m
- Net adjusted gross income movement$8.6 m
- Average income of an arriving household$55,166
- Average income of a leaving household$48,865
- Largest single originStark County (236 households)
- Largest single destinationStark County (214 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Stark County | 236 | 449 | $11.0 m |
| Tuscarawas County | 84 | 136 | $3.9 m |
| Columbiana County | 51 | 94 | $2.0 m |
| Harrison County | 34 | 68 | $2.3 m |
| Jefferson County | 31 | 69 | $1.2 m |
| Summit County | 29 | 50 | $2.4 m |
Households arriving report $6,301 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 Stark 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$1.82 bn
- County GDP, 2023$1.87 bn
- GDP change, 2023 to 2024-2.3 percent
- GDP change over five years60.4 percent
- Rank by GDP among the Ohio areas BEA publishes65th of 88
- Rank by GDP among the US county areas BEA publishes1359th of 3,127
- GDP per resident$68,384
Output grew -2.3 percent in the latest year and 60.4 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 average6,093
- Establishments reporting556
- Average annual pay$48,590
- Average weekly wage$934
- Manufacturing, employment921
- Manufacturing, average annual pay$60,221
- Retail trade, employment797
- Retail trade, average annual pay$33,738
- Construction, employment589
- Construction, average annual pay$64,541
- Accommodation and food services, employment508
- Accommodation and food services, average annual pay$17,862
- Transportation and warehousing, employment383
- Other services, except public administration, employment187
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 921 | 35 | $60,221 |
| Retail trade | 797 | 64 | $33,738 |
| Construction | 589 | 76 | $64,541 |
| Accommodation and food services | 508 | 49 | $17,862 |
| Transportation and warehousing | 383 | 25 | $72,249 |
| Other services, except public administration | 187 | 41 | $29,290 |
| Mining, quarrying, and oil and gas extraction | 150 | 12 | $82,881 |
| Administrative and support and waste management services | 147 | 30 | $32,726 |
Manufacturing is the largest private sector at 921 jobs, 15.1 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 industries464
- Employment at those establishments5,301
- Annual payroll$239.9 m
- Establishments per 1,000 residents17.4
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, 20240
- Declared construction value permitted$0
- Single family units authorized0
- Multifamily units authorized0
No residential units were authorized by permit in 2024. In a small county this is common and is not by itself a sign of distress, but it does mean there is no recent residential pipeline to read demand from.
US Census Bureau, Building Permits Survey, 2024 annual.
Carroll County
SBA loans in Carroll County (7(a) and 504)
- 7(a) approvals recorded56
- 7(a) gross approval dollars$8.9 m
- Average 7(a) approval$158,298
- Median 7(a) approval$50,000
- 10th percentile approval$19,500
- 90th percentile approval$204,850
- Largest single approval$3,075,000
- Jobs reported supported, 7(a)159
- Jobs per approval2.8
- Distinct 7(a) lenders active12
- Distinct industries receiving approvals34
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer5.4 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter51
- Franchise loans1
- Franchise share of approvals1.8 percent
- Leading industry by approval countResidential Remodelers (7)
- Most active lenderThe Huntington National Bank (41)
- 504 approvals recorded5
- 504 gross approval dollars$2.0 m
- Average 504 approval$390,400
- Median 504 approval$159,000
- Distinct CDCs active2
- 504 jobs per approval9.4
- 504 jobs per million dollars approved24.1
- Most active CDCCascade Capital Corporation (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$10.8 m
The average approval of $158,298 sits well above the median of $50,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 5.4 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
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 recorded14
- Paid in full14
- Charged off0
- Status: Paid in full14
- Status: Exempt from disclosure39
- Status: Cancelled3
Only 14 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 lending6
- Carrollton, approvals34
- Malvern, approvals9
- Mechanicstown, approvals6
- Dellroy, approvals3
- Minerva, approvals3
- Magnolia, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Carrollton | 34 | $7,302,800 |
| Malvern | 9 | $550,700 |
| Mechanicstown | 6 | $299,100 |
| Dellroy | 3 | $347,600 |
| Minerva | 3 | $289,500 |
| Magnolia | 1 | $75,000 |
Carrollton accounts for 34 approvals against 9 in Malvern. 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 area395 sq mi
- Rank by land area among Ohio counties84th of 88
- Width, east to west24.1 mi
- Height, north to south20.9 mi
- Geographies sharing a boundary5
- Residents per square mile of land67
- Establishments per square mile1.17
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 areasParticipating, community 390763
- Communities in the county in the NFIP Community Status Book8
- Of those, participating in the NFIP7
- NFIP participation rate87.5 percent
- Communities carrying a CRS class0
- Radon levels in Carroll County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Carroll County (community 390763), participates 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 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 87.5 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 2020-202426,659
- Households11,206
- Average household size2.38
- Median household income$64,835
- Median age45.6
Common questions
Carroll County questions, answered from the record.
How many people live in Carroll County, Ohio?
The Census Bureau estimates 26,460 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 26,659, in 11,206 households, ranking 80th of 88 Ohio counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Carroll County's population growing?
The population has fallen 0.95 percent since the 2020 census base of 26,715, to 26,460 on July 1, 2024. In 2024 there were 230 births against 405 deaths, with net migration of -119. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Carroll County?
$64,835. The median owner-occupied home is valued at $183,100, which is 2.8 times income, and median gross rent is $863 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Carroll County?
464 establishments, employing 5,301 people with an annual payroll of $239.9 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 921 jobs, 15.1 percent of covered employment. Covered employment averages 6,093 jobs at an average annual pay of $48,590, or $934 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?
56 7(a) approvals totaling $8.9 m since FY2020, across 12 lenders, with a median approval of $50,000, plus 5 504 approvals worth $2.0 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Carroll County?
No residential units were authorized by permit in 2024. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Carroll County?
Zone 1, a predicted average indoor radon screening level greater than 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 Stark County, with 236 households. Arriving households report an average income of $55,166 against $48,865 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.
9 Census places lie wholly or partly in Carroll County. All 9 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 |
|---|---|---|---|---|
| Minerva | village | 3,196 | 3 | 44.5 percent here, 51.4 percent Stark County, 4.0 percent Columbiana County |
| Carrollton | village | 2,810 | 34 | Wholly in this county |
| Malvern | village | 1,502 | 9 | Wholly in this county |
| Lake Mohawk | CDP | 1,409 | None recorded | Wholly in this county |
| Magnolia | village | 1,061 | 1 | 29.0 percent here, 71.0 percent Stark County |
| Pekin | CDP | 369 | None recorded | Wholly in this county |
| Sherrodsville | village | 353 | None recorded | Wholly in this county |
| Dellroy | village | 236 | 3 | Wholly in this county |
| Leesville | village | 221 | None recorded | Wholly in this county |
A further 6 of the county's 56 SBA 7(a) approvals are to borrowers in cities that match no Census place in Carroll County, the largest being Mechanicstown (6). 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.
Nearby