Life Skills and Money Education in Carrollton, MS
With a population of roughly 414, Carrollton, Mississippi is the 216th-largest of 299 incorporated places in Mississippi. It has lost residents since 2020, slipping 4.8% from 435 down to 414. The median age is 42.7.
Among adults 25 and older in Carrollton, 37.2% hold a bachelor's degree or higher. That runs 19.5 points above the Mississippi average of 17.7%. Flip that figure and it describes 62.8% of the 301 adults 25 and over counted in the 2019–2023 ACS, about 189 people whose money skills came from somewhere other than a university.
Median household income is $83,523. That is $38,779 above the Mississippi median. About 2.7% of residents live below the poverty line. The median home is valued at $118,100, roughly 1.4× median household income.
Carrollton by the numbers
| Measure | Value |
|---|---|
| Population (2024) | 414 |
| Change since 2020 | -4.8% |
| Median household income | $83,523 |
| Adults 25+ with a bachelor’s degree | 37.2% |
| Adults 25+ with a high school diploma | 84.7% |
| Median age | 42.7 |
| Poverty rate | 2.7% |
| Unemployment rate | 0% |
| Median home value | $118,100 |
| Land area | 0.813 sq mi |
| Population density | 509 / sq mi |
What Mississippi teaches — and to whom
Mississippi already requires 1 semester of personal finance — taught within College & Career Readiness — for a high school diploma, a rule in force since the graduating class of 2022. That covers students still in the system. It does nothing for the adults already out of it — which, in Carrollton, is most of the people reading this.
LearnLife organises this the way the decisions actually arrive: Legal literacy — leases, contracts, employment rights and what a signature actually commits you to; Money — budgeting, credit, debt and taxes — the mechanics nobody is formally taught; Emotional regulation — the self-management that decides whether the other skills ever get used.
Where to start in Carrollton
Understand what a shrinking tax base changes
Carrollton has lost 4.8% of its population since 2020. Declining places tend to see slower home appreciation and tighter municipal budgets, which makes the buy-versus-rent calculation genuinely different here than the national advice assumes.
Questions people ask about Carrollton
Do high school students in Carrollton, Mississippi have to take a personal finance class?
Yes. Mississippi requires 1 semester, taught within College & Career Readiness, to graduate, in force since the class of 2022.
How many adults in Carrollton, Mississippi have a college degree?
37.2% of adults 25 and older hold a bachelor's degree or higher, based on the Census Bureau's 2019–2023 American Community Survey. The remaining 62.8% are managing their finances without one.
What is the median household income in Carrollton, Mississippi?
$83,523, per the Census Bureau's 2019–2023 American Community Survey.
Where can adults in Carrollton, Mississippi learn personal finance?
Graduation requirements only ever reach people still in school. For adults, LearnLife covers the same ground on demand — money, legal literacy and the self-management that decides whether either gets used.
Start with whichever one is costing you money right now.
Browse the LearnLife catalog