Population 84 · Census ACS 2020–24
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Population and households in Carwood
Household size in Carwood
| Period | Carwood | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.74 | 2.51 | 2.57 | 2.68 |
| 2010–14 | 2.76 | 2.55 | 2.59 | 2.73 |
| 2015–19 | 2.89 | 2.55 | 2.57 | 2.71 |
| 2020–24 | 2.29 | 2.50 | 2.54 | 2.65 |
| Change | −0.45 | −0.01 | −0.03 | −0.03 |
Carwood is a place of small households, averaging 2.29 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has dropped from 2.74, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Carwood
| Period | Carwood | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 42.6 | 38.5 | 37.5 | 37.7 |
| 2010–14 | 47.1 | 39.4 | 38.4 | 38.6 |
| 2015–19 | 41.0 | 40.0 | 39.1 | 39.6 |
| 2020–24 | 46.2 | 40.2 | 39.3 | 40.1 |
| Change | +3.6 | +1.7 | +1.7 | +2.3 |
Carwood skews older: half of its residents are older than 46.2, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Carwood
| Period | Carwood | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.9% | 12.6% | 11.8% | 12.3% |
| 2010–14 | 4.7% | 12.6% | 12.0% | 12.3% |
| 2015–19 | 11.1% | 11.6% | 11.6% | 11.6% |
| 2020–24 | 6.8% | 12.4% | 11.7% | 11.6% |
| Change | −0.1 pts | −0.2 pts | −0.1 pts | −0.6 pts |
Single parents head only 6.8% of households in Carwood, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Carwood
Renters in Carwood
| Period | Carwood | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.4% | 30.5% | 28.5% | 33.3% |
| 2010–14 | 3.3% | 32.3% | 30.5% | 35.6% |
| 2015–19 | 12.4% | 32.5% | 30.9% | 36.0% |
| 2020–24 | 0.0% | 31.1% | 29.4% | 34.8% |
| Change | −6.4 pts | +0.6 pts | +1.0 pts | +1.5 pts |
Almost every household in Carwood owns its home; nationally, 34.8% rent. About a third of owners (33.1%) have paid off their mortgages, below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Carwood
| Period | Carwood | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.5% | 9.8% | 11.2% | 11.4% |
| 2010–14 | 6.9% | 9.8% | 11.2% | 11.4% |
| 2015–19 | 10.8% | 9.8% | 10.9% | 11.1% |
| 2020–24 | 15.0% | 7.9% | 9.3% | 9.6% |
| Change | +9.5 pts | −1.9 pts | −2.0 pts | −1.8 pts |
Vacant homes make up 15.0% of the housing in Carwood, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Carwood
| Period | Carwood | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 1996 | 1975 | 1972 | 1974 |
| 2010–14 | 1998 | 1976 | 1973 | 1975 |
| 2015–19 | 1996 | 1976 | 1974 | 1977 |
| 2020–24 | 1984 | 1980 | 1977 | 1980 |
| Change | −12 | +5 | +5 | +6 |
Homes in Carwood are a bit newer than the national norm: the median home was built in 1984, versus 1980 across the U.S.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Carwood
| Period | Carwood | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | $415 | $769 | $763 | $965 |
| 2010–14 | $740 | $826 | $819 | $1,040 |
| 2015–19 | $1,125 | $928 | $903 | $1,213 |
| 2020–24 | $1,402 | $1,200 | $1,146 | $1,571 |
| Change | +$987 | +$431 | +$384 | +$606 |
A typical rental in Carwood costs $1,402 a month with utilities, below the national median of $1,571. Locally, though, rents here are higher than in the Louisville area overall ($1,200). Rent takes 26.9% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Carwood
Bachelor's degrees in Carwood
| Period | Carwood | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 29.8% | 24.9% | 23.8% | 28.4% |
| 2010–14 | 34.9% | 26.7% | 24.6% | 29.6% |
| 2015–19 | 43.8% | 29.0% | 27.1% | 32.1% |
| 2020–24 | 40.2% | 32.8% | 30.0% | 35.6% |
| Change | +10.4 pts | +7.9 pts | +6.2 pts | +7.2 pts |
College degrees are a bit more common in Carwood than nationally: 40.2% of adults 25 and older have a bachelor's or higher, against 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Carwood
| Period | Carwood | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 91.1% | 86.4% | 86.5% | 84.9% |
| 2010–14 | 91.3% | 87.8% | 87.7% | 86.1% |
| 2015–19 | 96.7% | 90.1% | 88.7% | 87.7% |
| 2020–24 | 96.6% | 91.1% | 89.9% | 89.3% |
| Change | +5.5 pts | +4.7 pts | +3.4 pts | +4.3 pts |
High school completion is high in Carwood: 96.6% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Carwood
| Period | Carwood | Louisville area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.4% | 8.4% | 8.4% | 8.1% |
| 2010–14 | 6.5% | 9.1% | 8.9% | 9.4% |
| 2015–19 | 2.4% | 5.2% | 4.9% | 5.6% |
| 2020–24 | 0.0% | 4.8% | 4.3% | 5.4% |
| Change | −7.4 pts | −3.6 pts | −4.1 pts | −2.7 pts |
The survey found almost no one in Carwood out of work and looking, against 5.4% of the labor force nationally. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Carwood compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Carwood | 2.29 | 46.2 | 6.8% | 0.0% | 15.0% | 1984 | $1,402 | 40.2% | 96.6% | 0.0% |
| Broom Hill | 1.93 | 41.4 | 7.2% | 0.8% | 20.6% | 1979 | $1,382 | 35.6% | 94.5% | 0.0% |
| Memphis | 2.63 | 43.2 | 3.9% | 7.3% | 7.2% | 2002 | $965 | 35.7% | 94.2% | 3.8% |
| Speed | 2.88 | 36.3 | 3.8% | 8.7% | 5.1% | 2002 | $1,185 | 35.7% | 94.8% | 2.6% |
| Sellersburg | 2.60 | 43.5 | 9.6% | 17.9% | 6.6% | 1995 | $1,416 | 38.5% | 92.3% | 2.7% |
| Borden | 2.71 | 41.4 | 14.0% | 11.0% | 6.5% | 1993 | $1,212 | 28.8% | 94.4% | 0.6% |
| Daisy Hill | 3.10 | 31.1 | 18.9% | 15.7% | 8.8% | 1994 | $959 | 15.4% | 90.5% | 0.6% |
| Floyds Knobs | 2.81 | 43.4 | 6.0% | 5.2% | 9.4% | 1991 | $1,034 | 46.0% | 97.6% | 3.2% |
| Henryville | 2.78 | 36.6 | 9.1% | 10.5% | 6.4% | 1999 | $909 | 26.0% | 89.6% | 2.7% |
| New Albany | 2.35 | 40.0 | 11.4% | 37.9% | 9.6% | 1969 | $1,086 | 28.2% | 90.5% | 4.8% |
| Charlestown | 2.86 | 35.7 | 11.6% | 14.7% | 5.9% | 1996 | $1,077 | 28.5% | 92.7% | 3.9% |
All figures 2020–24.
Cities with similar populations: Sun Hill, WV · Danner, OR · Deepstep, GA · Delta City, MS · Diamond, WY · Dixie, AL · Dodge, OR · Sparenberg, TX · Square Butte, MT · Standing Rock, KY
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Carwood. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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