Mount Carmel, FL
Population 270 · Florida
About Mount Carmel, FL
Mount Carmel is a small community located in Florida with a population of 270 residents according to the latest US Census Bureau American Community Survey data. The median household income is $165,865 per year, which is 121% above the national median of $75,149. The median age of 53.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Mount Carmel features a median home value of $255,800, which is 4% above the national median of $244,900. This positions Mount Carmel in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 107 total housing units, 83% are owner-occupied (89 units) and 17% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mount Carmel shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mount Carmel have an average one-way commute time of 38 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
34.6% of Mount Carmel residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Mount Carmel Ranks in Florida
Cost of Living in Mount Carmel, FL
Compared to national averages, Mount Carmel has a median household income of $165,865 (121% above the national median of $75,149). Home values average $255,800, which is 4% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Florida, Mount Carmel's income is 119% above the state average of $75,893, and home values are 28% below the state median of $353,675.
Why Live in Mount Carmel, FL?
Mount Carmel offers a strong local economy with a median household income of $165,865, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 34.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.2%, better than the national average.
Mount Carmel has a population of 270 with a median age of 53.8 years. Compare Mount Carmel with other cities to see how it stacks up, or explore all cities in Florida.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Mount Carmel
What is the population of Mount Carmel, FL?
The population of Mount Carmel, FL is 270 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Florida.
What is the median household income in Mount Carmel?
The median household income in Mount Carmel, FL is $165,865 per year, which is 121% above the national median of $75,149.
What is the median home value in Mount Carmel?
The median home value in Mount Carmel, FL is $255,800, which is 4% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mount Carmel?
The median monthly rent in Mount Carmel, FL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Mount Carmel?
The unemployment rate in Mount Carmel, FL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Mount Carmel, FL a good place to live?
Mount Carmel offers above-average incomes, a competitive housing market, and a strong job market. With a population of 270 and a median age of 53.8, the city appeals to established professionals and retirees.
How educated is Mount Carmel, FL?
34.6% of residents in Mount Carmel aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Mount Carmel?
Key cost-of-living indicators for Mount Carmel, FL: median home value is $255,800 (4% above national), median rent is $0/month, and median household income is $165,865. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mount Carmel?
The poverty rate in Mount Carmel, FL is 5.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mount Carmel, FL?
Mount Carmel's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.