Mount Carmel, IN
Population 45 · Indiana
About Mount Carmel, IN
Mount Carmel is a small community in Indiana with a population of 45 residents. The median household income is $61,500 per year, which is near the national average. The median age in Mount Carmel is 47.6 years.
Housing in Mount Carmel has a median home value of $135,700 and median monthly rent of $760. Of the 24 total housing units, the majority are owner-occupied, with 14 owner-occupied and 10 renter-occupied units.
The unemployment rate in Mount Carmel is 0.0% and the poverty rate is 0.0%. 30.0% of residents hold a bachelor's degree or higher. The average commute time is 41.4 minutes.
Cost of Living in Mount Carmel, IN
Compared to national averages, Mount Carmel has a median household income of $61,500 (18% below the national median of $75,149). Home values average $135,700, which is 45% below the national median. Monthly rent at $760 is 35% below the US average of $1,163. Within Indiana, Mount Carmel's income is 11% below the state average of $69,330, and home values are 17% below the state median of $163,409.
Why Live in Mount Carmel, IN?
Mount Carmel offers affordable housing with a median home value of $135,700, below the US average of $244,900, and rent that’s lower than the national average at $760/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Potential considerations include median household income ($61,500) that falls below the national average. However, Mount Carmel’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mount Carmel has a population of 45 with a median age of 47.6 years. Compare Mount Carmel with other cities to see how it stacks up, or explore all cities in Indiana.
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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 Mount Carmel
What is the population of Mount Carmel, IN?
The population of Mount Carmel, IN is 45 according to the latest Census data.
What is the median household income in Mount Carmel?
The median household income in Mount Carmel, IN is $61,500 per year.
What is the median home value in Mount Carmel?
The median home value in Mount Carmel, IN is $135,700.
What is the average rent in Mount Carmel?
The median monthly rent in Mount Carmel, IN is $760.
What is the unemployment rate in Mount Carmel?
The unemployment rate in Mount Carmel, IN is 0.0%.