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Carroll County, GA

RANK #587 / 996  ·  POP 120,060  ·  GA

PROJECTED GROWTH: +0.4%

Carroll County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Carroll County?

The city of Carrollton, the county seat, anchors Carroll County, Georgia, located about 45 miles west of Atlanta and near the Alabama state line. Locals often highlight the Carrollton Greenbelt, a paved trail system encircling the city, offering recreational opportunities and connecting various parts of the community. The county is characterized by a blend of rolling countryside and revitalized downtown areas, with outdoor recreation options like John Tanner State Park and McIntosh Reserve Park providing hiking, fishing, and other activities. Commuting to Atlanta is feasible via I-20, though public transportation within the county is limited.

Life in Carroll County offers a balance of small-town atmosphere with access to larger city amenities. The area attracts families, with highly rated public schools, including the Carroll County School System and Carrollton City School District. The presence of the University of West Georgia also contributes to a college-town feel in Carrollton. The economy is diversifying beyond its agricultural roots, with recent investments in industrial development, commercial expansion, and infrastructure. These developments are creating job opportunities and drawing in new businesses, contributing to the county's economic landscape.

[02] Market Snapshot

Housing Ratio
3.5x

Undervalued relative to economy

GDP Growth
+3.1%

Above national median

Home Prices
-1.2%

Prices declining

Climate & Terrain
-0.1

Below-average climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 3.5x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Carroll County U.S. National

The Numbers

DEMOGRAPHICS
Population
120,060
+1.4% YoY
Median Household Income
$66,895
Median Home Value
$196,900
-1.2% 12mo
Median Rent
$1,055
Average Annual Pay
$56,823
+1.7% YoY
Employment
45,530
+3.1% YoY
Income-to-Home-Value
0.3397
More affordable than average
Migration Inflow
5.71%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$302,500
Days on Market
56
Moderate pace
Months of Supply
4.8
Balanced market
Sale-to-List Ratio
97.4%
Negotiation room for buyers
Sold Above List
17.2%
Listings w/ Price Drops
28.8%
Building Permits (2024)
900
Single-Family Permits
730

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$11,442M
TOTAL
PROJECT AMOUNT STATUS
Avemore Data Center Campus (Project Bus)
Atlas Development
$11,000M Proposed
Carroll EMC Share of 252 MW Solar Portfolio
Carroll Electric Membership Cooperative (EMC)
$252M Under Construction
Dogwood Battery Energy Storage System (BESS)
RWE
$100M Under Construction
Fastenal Southeast US Distribution and Supply Chain Center
Fastenal
$90M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.1% 59 percentile
Population Growth +1.4% 80 percentile
Income Growth +7.0% 19 percentile
Vacancy Rate 0.9% 68 percentile
Home Price Change -1.2% 20 percentile
Rent Growth +1.3% 23 percentile
Price/Rent 10x 90 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Carroll County, GA a good place to move to?

Carroll County has a Boom Town Index score of 41/100, ranking #587 among 996 U.S. counties. With job growth at +3.1% and a median household income of $66,895, it faces some economic headwinds compared to faster-growing counties.

Is Carroll County affordable?

The median home value in Carroll County is $196,900 with median rent at $1,055/month. The income-to-home-value ratio is 0.3397, which is more affordable than the national average.

Is Carroll County growing or shrinking?

Population growth: +1.4% year-over-year. Job growth: +3.1%. Home values changed -1.2% in the past 12 months.

Are people moving to Carroll County?

Yes — 5.71% of Carroll County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Lamar County, TX 51 Wilson County, TX 51 Franklin County, OH 51 Caldwell County, NC 51 Norfolk city, VA 51 Eau Claire County, WI 51 DeKalb County, AL 51 Porter County, IN 51