Carbon, IN
Population 293 · Indiana
About Carbon, IN
Carbon is a small community in Indiana with a population of 293 residents. The median household income is $70,000 per year, which is near the national average. The median age in Carbon is 27.9 years.
Housing in Carbon has a median home value of $73,300 and median monthly rent of $945. Of the 104 total housing units, the majority are owner-occupied, with 78 owner-occupied and 12 renter-occupied units.
The unemployment rate in Carbon is 4.8% and the poverty rate is 10.2%. 11.2% of residents hold a bachelor's degree or higher. The average commute time is 33 minutes.
How Carbon Ranks in Indiana
Cost of Living in Carbon, IN
Compared to national averages, Carbon has a median household income of $70,000 (7% below the national median of $75,149). Home values average $73,300, which is 70% below the national median. Monthly rent at $945 is 19% below the US average of $1,163. Within Indiana, Carbon's income is 1% above the state average of $69,330, and home values are 55% below the state median of $163,409.
Why Live in Carbon, IN?
Carbon offers affordable housing with a median home value of $73,300, below the US average of $244,900, and rent that’s lower than the national average at $945/month, and a low poverty rate of 10.2%, better than the national average.
Potential considerations include median household income ($70,000) that falls below the national average. However, Carbon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Carbon has a population of 293 with a median age of 27.9 years. Compare Carbon with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Carbon
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Saratoga | 293 | $61,364 | $60,400 | Compare |
| Merom | 292 | $37,115 | $57,700 | Compare |
| Hartz Lake | 291 | $43,659 | $0 | Compare |
| Coalmont | 290 | $77,054 | $121,600 | Compare |
| Orestes | 290 | $53,750 | $85,600 | Compare |
| Patricksburg | 290 | $70,931 | $0 | Compare |
| Bowling Green | 289 | $0 | $95,000 | Compare |
| Otter Lake | 297 | $153,162 | $242,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Carbon
What is the population of Carbon, IN?
The population of Carbon, IN is 293 according to the latest Census data.
What is the median household income in Carbon?
The median household income in Carbon, IN is $70,000 per year.
What is the median home value in Carbon?
The median home value in Carbon, IN is $73,300.
What is the average rent in Carbon?
The median monthly rent in Carbon, IN is $945.
What is the unemployment rate in Carbon?
The unemployment rate in Carbon, IN is 4.8%.