Carolina, AL Profile: Facts & Data

The Town of Carolina had a population of 278 as of July 1, 2024. Carolina ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for Carolina is located at latitude 31.2407 and longitude -86.5277 in Covington County. The formal boundaries for the Town of Carolina encompass a land area of 1.11 sq. miles and a water area of 0.01 sq. miles. Covington County is in the Central time zone (GMT -6).

The Town of Carolina has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Carolina is located within Falco Division of Covington County.

Carolina, AL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	278 (100%)
Population in Households	278 (100.0%)
Population in Families	224 (80.6%)
Population in Group Quarters¹	0
Population Density	251
Diversity Index²	11


INCOME
Median Household Income	$75,506
Average Household Income	$101,984
% of Income for Mortgage⁴	15%
Per Capita Income	$42,922
Wealth Index⁵	97
Socioeconomic Status Index⁶	Moderate (53.8)

HOUSING
Total HU (Housing Units)	124 (100%)
Owner Occupied HU	95 (76.6%)
Renter Occupied HU	22 (17.7%)
Vacant Housing Units	7 ( 5.6%)
Median Home Value	$184,375
Average Home Value	$180,000
Housing Affordability Index³	177

HOUSEHOLDS
Total Households	117
Average Household Size	2.38
Family Households	73
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Carolina, AL - Peer Comparisons by Rank and Percentile

The table below compares Carolina to the other 593 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.67%	-0.58%
Households	-0.40%	-0.34%
Families		-2.29%
Median Household Income		2.20%
Per Capita Income		2.46%
Owner Occupied HU		-0.21%

Variable Description	Rank	Percentile
Total Population	# 462	22nd
Population Density	# 274	54th
Median Household Income	# 107	82nd
Housing Affordability Index	# 495	83rd
Per Capita Income	# 62	90th
Diversity Index	# 582	2nd

Carolina, AL Profile: Facts & Data

Carolina, Alabama - Basic Facts

Carolina, AL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Carolina, AL - Peer Comparisons by Rank and Percentile

Carolina, AL - Most Popular Things to Do

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Covington County