Living in Mount Carmel, Indiana
Cost of living, income, home prices, rent and demographics of Mount Carmel · Census data 2020–2024
Mount Carmel has 60 residents with a median age of 47.6. The median household income is $63,500 (12% lower than the Indiana median), the median home value is $131,300, the median rent is $820/month.
Mount Carmel is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mount Carmel at a glance
- Population
- 60
- Median age
- 47.6State: 38.1
- Median household income
- $63,500State: $71,957
- Median home value
- $131,300State: $218,200
- Median rent
- $820/moState: $1,062
- Homeowners
- 63.3%
- Bachelor's degree or higher
- 24%
- Average commute
- 32 min
Is Mount Carmel a good place to live?
Pros: Home values 40% lower than the state median; a poverty rate of 6.7%.
Cons: Median household income 12% lower than the Indiana median; an average commute of 32 minutes.
The weather is best in May–June and August–September.
Cost of living in Mount Carmel
Housing is the biggest part of the cost of living. In Mount Carmel the median home value is $131,300, 61% lower than the U.S. median. Renters pay a median of $820 per month, which is 14% of household income. Homeowners with a mortgage pay $1,094 a month in housing costs.
Mount Carmel median household income
The median household income in Mount Carmel is $63,500 and the income per person is $34,513. 6.7% of residents live below the poverty line (Indiana: 12.3%).
Housing in Mount Carmel: homes for sale and rent
- Housing units
- 30
- Owner-occupied
- 63.3%
- Renter-occupied
- 36.7%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.00
Mount Carmel demographics
- Population
- 60
- Median age
- 47.6
- Under 18
- 8.3%
- 65 and older
- 18.3%
- Households
- 30
- Foreign-born
- 1.7%
- Veterans
- 12.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Mount Carmel ›
Education in Mount Carmel
24% of adults 25 and older in Mount Carmel have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.
Jobs and commute in Mount Carmel
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 32 minState: 24 min
- Work from home
- 0%
- Drive alone
- 77.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 63.3%
Mount Carmel vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mount Carmel | 60 | $63,500 | $131,300 | $820 |
| Cedar Grove | 252 | $65,938 | $158,800 | $713 |
| New Trenton | 290 | $36,818 | $152,800 | — |
| Brookville | 2,643 | $55,938 | $180,700 | $818 |
| St. Leon | 737 | $76,250 | $280,800 | $862 |
| Oxford | 21,753 | $40,764 | $238,000 | $997 |
| West Harrison | 285 | $43,750 | $129,200 | $807 |
| Harrison | 13,084 | $100,000 | $229,400 | $1,153 |
| West College Corner | 596 | $65,000 | $121,200 | $750 |
More for people moving to Mount Carmel
Mount Carmel ZIP code ›Weather and climate ›Living in Mount Carmel: FAQ
What is the median household income in Mount Carmel, IN?
The median household income in Mount Carmel is $63,500, 12% lower 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 Mount Carmel?
The median home value in Mount Carmel is $131,300, compared with $218,200 in Indiana.
How much is rent in Mount Carmel?
The median gross rent in Mount Carmel is $820 per month, about 14% of household income.
Is Mount Carmel, IN a good place to live?
Pluses: home values 40% lower than the state median; a poverty rate of 6.7%. Minuses: median household income 12% lower than the Indiana median; an average commute of 32 minutes.
What is the median age in Mount Carmel?
The median age in Mount Carmel is 47.6 years (Indiana: 38.1).
How long is the commute in Mount Carmel?
The average commute to work in Mount Carmel is 32 minutes; 0% of workers work from home.
What is the unemployment rate in Mount Carmel?
The unemployment rate in Mount Carmel is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mount Carmel?
24% of adults in Mount Carmel 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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