Living in Carbon, Indiana

Cost of living, income, home prices, rent and demographics of Carbon · Census data 2020–2024

Carbon has 238 residents with a median age of 27.7. The median household income is $86,667 (20% higher than the Indiana median), the median home value is $87,500, the median rent is $940/month.

Carbon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Carbon at a glance

Population
238
Median age
27.7State: 38.1
Median household income
$86,667State: $71,957
Median home value
$87,500State: $218,200
Median rent
$940/moState: $1,062
Homeowners
88.2%
Bachelor's degree or higher
14.4%
Average commute
35 min

Is Carbon a good place to live?

Pros: Median household income 20% higher than the Indiana median; home values 60% lower than the state median; a poverty rate of 8.8%.

Cons: An average commute of 35 minutes; unemployment of 5.7%.

The weather is best in May–June and August–September.

Cost of living in Carbon

Housing is the biggest part of the cost of living. In Carbon the median home value is $87,500, 74% lower than the U.S. median. Renters pay a median of $940 per month, which is 17.5% of household income. Homeowners with a mortgage pay $1,089 a month in housing costs.

Median home value

Carbon$87,500
Indiana$218,200
United States$332,700

Median monthly rent

Carbon$940
Indiana$1,062
United States$1,413

Carbon median household income

The median household income in Carbon is $86,667 and the income per person is $29,389. 8.8% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Carbon$86,667
Indiana$71,957
United States$80,734

Housing in Carbon: homes for sale and rent

Housing units
83
Owner-occupied
88.2%
Renter-occupied
11.8%
Vacant
18.1%Includes seasonal homes
Median year built
1957
Average household size
3.50

Carbon demographics

Population
238
Median age
27.7
Under 18
30.3%
65 and older
11.3%
Households
68
Foreign-born
0%
Veterans
6.6%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Carbon ›

Education in Carbon

14.4% of adults 25 and older in Carbon have a bachelor's degree or higher (Indiana: 29.5%), and 2.5% have a graduate or professional degree.

Bachelor's degree or higher

Carbon14.4%
Indiana29.5%
United States35.7%

Jobs and commute in Carbon

Unemployment rate
5.7%State: 4.3%
Average commute
35 minState: 24 min
Work from home
15%
Drive alone
76.1%
Public transit
0%
Walk to work
2.7%
Homes with broadband
79.4%

Carbon vs nearby towns

TownPopulationMedian incomeHome valueRent
Carbon238$86,667$87,500$940
Bridgeton138$43,092$128,900—
Harmony645$54,615$116,700$1,096
Knightsville642$60,208$109,800$817
Brazil7,831$52,055$113,900$869
Billtown177$55,795——
Staunton350$57,500$92,900$894
Cloverland398$72,865—$3,501
Rosedale609$50,655$99,000$658

More for people moving to Carbon

Carbon ZIP code ›Weather and climate ›

Living in Carbon: FAQ

What is the median household income in Carbon, IN?

The median household income in Carbon is $86,667, 20% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Carbon?

The median home value in Carbon is $87,500, compared with $218,200 in Indiana.

How much is rent in Carbon?

The median gross rent in Carbon is $940 per month, about 17.5% of household income.

Is Carbon, IN a good place to live?

Pluses: median household income 20% higher than the Indiana median; home values 60% lower than the state median; a poverty rate of 8.8%. Minuses: an average commute of 35 minutes; unemployment of 5.7%.

What is the median age in Carbon?

The median age in Carbon is 27.7 years (Indiana: 38.1).

How long is the commute in Carbon?

The average commute to work in Carbon is 35 minutes; 15% of workers work from home.

What is the unemployment rate in Carbon?

The unemployment rate in Carbon is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Carbon?

14.4% of adults in Carbon have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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