Carroll County, Arkansas: commercial real estate data.
Carroll County, Arkansas has a population of 28,626 across 630 square miles, up 2.5 percent since the 2020 census base. 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.
121 sourced county values · tier FULL · 11 sections
Carroll County
How many people live in Carroll County
- Population28,626
- 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-equivalents1518th
Carroll County is the 23rd largest of 75 Arkansas counties by population. A median home costs 3.9 times median household income, which is an affordable ownership market 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 storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Carroll County
Is Carroll County growing
- Population change since the 2020 census base2.52 percent
- Census 2020 base population28,257
- 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
The county has grown 2.52 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone 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 people moving to Carroll County come from
- Tax returns filed by households arriving838
- People arriving, from those returns1,534
- Adjusted gross income arriving$51.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$61,933
- Largest single originCarroll County Non-migrants (9,915 households)
- Largest single destination (9,915 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Carroll County Non-migrants | 9,915 | 20,378 | $549.8 m |
| Other flows - Different State | 502 | 897 | $36.9 m |
| Other flows - Midwest | 216 | 403 | $17.6 m |
| Other flows - South | 183 | 319 | $12.7 m |
| Other flows - West | 103 | 175 | $6.6 m |
| Other flows - Same State | 90 | 145 | $3.7 m |
| Washington County | 78 | 133 | $3.2 m |
| Boone County | 71 | 162 | $2.5 m |
The largest single source of arrivals is Carroll County Non-migrants, 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 the Carroll County economy runs on
- 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 Arkansas counties25th
- Rank by GDP among US county-equivalents1623rd
- 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
Who employs people in Carroll County
- Covered employment, annual average10,760
- Establishments reporting803
- Average annual pay$40,303
- Average weekly wage$775
- Sector 31-33, employment3,609
- Sector 31-33, average annual pay$40,745
- Sector 72, employment1,440
- Sector 72, average annual pay$23,962
- Sector 44-45, employment1,086
- Sector 44-45, average annual pay$29,806
- Sector 23, employment430
- Sector 23, average annual pay$50,495
- Sector 52, employment334
- Sector 71, employment293
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 3,609 | 29 | $40,745 |
| Sector 72 | 1,440 | 164 | $23,962 |
| Sector 44-45 | 1,086 | 119 | $29,806 |
| Sector 23 | 430 | 85 | $50,495 |
| Sector 52 | 334 | 33 | $67,009 |
| Sector 71 | 293 | 17 | $15,532 |
| Sector 56 | 235 | 28 | $45,679 |
| Sector 42 | 211 | 23 | $45,051 |
The largest sector is the biggest private employer group at 3,609 jobs, 33.5 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Carroll County
What businesses operate 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.
US Census Bureau, County Business Patterns, 2023.
Carroll County
What is being built in Carroll County
- Housing units authorised by permit, 202430
- Declared construction value permitted$7.9 m
- Single family units authorised20
- Multifamily units authorised10
- Multifamily share of units33.3 percent
- Average declared value per unit$264,560
- Units authorised per 1,000 households2.6
Multifamily is 33.3 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Carroll County
How much SBA lending happens in Carroll County
- 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$1,200,000
- 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)
- Most active lenderCS Bank (9)
- 504 approvals recorded10
- 504 gross approval dollars$4.0 m
- Average 504 approval$395,600
- Median 504 approval$411,000
- Distinct CDCs active2
- 504 jobs per approval1.5
- 504 jobs per million dollars approved3.8
- Most active CDCRural Missouri, Inc. (8)
- 7(a) share of SBA approvals79.6 percent
- Combined SBA approval dollars$22.8 m
The average approval of $482,338 sits well above the median of $344,200, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually 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
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
Too few loans have reached a final outcome to publish a charge off rate. only 9 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Carroll County
Which parts of Carroll County get the lending
- Places in the county with recorded lending8
- Berryville, approvals15
- EUREKA SPRINGS, approvals12
- GREEN FOREST, approvals5
- Huntsville, approvals3
- Eureka Springs,, approvals1
- Alpena, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Berryville | 15 | $5,396,000 |
| EUREKA SPRINGS | 12 | $4,456,200 |
| GREEN FOREST | 5 | $3,084,800 |
| Huntsville | 3 | $1,416,600 |
| Eureka Springs, | 1 | $25,000 |
| Alpena | 1 | $1,299,000 |
| OAK GROVE | 1 | $2,983,600 |
| HOLIDAY ISLAND | 1 | $150,000 |
Berryville accounts for 15 approvals against 12 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 big 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 boundary4
- 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.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
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.
- Population28,626
- 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?
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 growing?
The population has grown 2.52 percent since the 2020 census base. 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 there 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 the average wage in Carroll County?
Average annual pay is $40,303, or $775 a week, across 10,760 covered jobs. 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 totalling $18.8 m since FY2020, across 13 lenders, with a median approval of $344,200, plus 10 504 approvals worth $4.0 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Carroll County?
30 housing units were authorised 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 Carroll County Non-migrants, with 9,915 households. Arriving households report an average income of $61,933 against null 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.