While born in the United States, Carrasco spent most of his early childhood growing up in the Mexican city of Tijuana. When he was seven, his family moved back to the United States. His mother, Gloria, is a two-time survivor of breast cancer. On December 31, 2014, Carrasco married Alex Morgan, a professional soccer player for Tottenham Hotspur of the FA Women's Super League and the United States Women's National Team. The couple's first child, Charlie Elena Carrasco, was born on May 7, 2020.