A former industrial village, Carnbroe is located southeast of Coatbridge and southwest of neighbouring Airdrie. It lies above a meander of the North Calder Water, which flows around it in a steep gorge. Once it was a collier village and had large ironworks, the Calder Iron Works, which was built in 1838 immediately to the north, on the opposite bank of the river. It closed in 1921 and the village grew to occupy that site. Carnbroe now has a primary school, a grocery store, a private nursery and an elderly care home.
The neighbourhood underwent a major extension, expanding over the North Calder Water, where further housing schemes were built, as well as a state-of-the-art community centre. This also gave access to the village from Whifflet.