| Index | Carpenter | Iowa | National |
| Income per capita | $22,378 | $28,872 | $29,829 |
| Median household income | $45,000 | $54,570 | $55,322 |
| Median income owner occupied | $46,250 | $66,527 | $70,586 |
| Median income renter occupied | $35,750 | $30,828 | $35,192 |
| Median earnings male | $31,625 | $37,409 | $36,919 |
| Median earnings female | $2,499 | $25,115 | $26,250 |
| Unemployment rate | 2.1% | 3.1% | 4.7% |
| 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 | 820 | $71,500 | 29.2% |
| Manly, IA | 1,480 | $66,964 | 21.0% |
| St. Ansgar, IA | 1,144 | $65,536 | 18.5% |
| Plymouth, IA | 466 | $62,054 | 12.2% |
| Mitchell, IA | 142 | $60,893 | 10.1% |
| Carpenter, IA | 106 | $45,000 | 18.7% |
| City | Population | Household Income | National Avg. |
| Franklin CDP (Sacramento County), CA | 106 | $24,323 | 56.0% |
| Vona, CO | 106 | $70,750 | 27.9% |
| Arion, IA | 106 | $34,167 | 38.2% |
| Popejoy, IA | 106 | $31,979 | 42.2% |
| Willey, IA | 106 | $90,625 | 63.8% |
| Carpenter, IA | 106 | $45,000 | 18.7% |