| Index | Carpenter | Iowa | National |
| Income per capita | $33,212 | $42,672 | $44,883 |
| Median household income | $67,787 | $81,387 | $81,333 |
| Median income owner occupied | $68,679 | $98,724 | $106,172 |
| Median income renter occupied | $53,492 | $45,890 | $52,080 |
| Median earnings male | $46,841 | $54,047 | $54,343 |
| Median earnings female | $3,679 | $36,462 | $38,439 |
| Unemployment rate | 2.2% | 3.2% | 4.9% |
| Poverty level | 4.7% | 12.3% | 15.1% |


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| Labour Type | Male | Female |
| Construction industry | 0.0% | 0.0% |
| Manufacturing sector | 45.7% | 45.7% |
| Financial & insurance services | 0.0% | 0.0% |
| Wholesale & retail services | 0.0% | 0.0% |
| Public administration | 0.0% | 0.0% |
| Transportation, warehousing & utilities | 11.4% | 11.4% |
| Education, health & social services | 2.9% | 2.9% |
| Other | 37.1% | 37.1% |
| City | Population | Household Income | National Avg. |
| Adams, MN | 844 | $106,617 | 31.1% |
| Manly, IA | 1,533 | $97,968 | 20.5% |
| St. Ansgar, IA | 1,176 | $97,313 | 19.6% |
| Plymouth, IA | 483 | $93,145 | 14.5% |
| Mitchell, IA | 147 | $91,619 | 12.6% |
| Carpenter, IA | 108 | $67,787 | 16.7% |
| City | Population | Household Income | National Avg. |
| Franklin CDP (Sacramento County), CA | 108 | $35,570 | 56.3% |
| Arion, IA | 108 | $50,400 | 38.0% |
| Houghton, IA | 108 | $134,047 | 64.8% |
| St. Donatus, IA | 108 | $55,471 | 31.8% |
| Unionville, IA | 108 | $0 | 100.0% |
| Carpenter, IA | 108 | $67,787 | 16.7% |