What is the population of Mount Carmel city?

Mount Carmel city has 6,892 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #287 of 1,462 in Illinois.

What is the median household income in Mount Carmel city?

Median household income in Mount Carmel city is $45,884 a year, 41.6% below the national figure of $78,538.

How much does it cost to rent or buy in Mount Carmel city?

Median gross rent is $750 a month and the median home value is $88,500, so rent absorbs about 19.6% of median household income.

Is Mount Carmel city affordable compared with the rest of the US?

Homes cost about 1.9× the local median income here versus roughly 3.9× nationally, so Mount Carmel city is more affordable to buy in than the typical US market, and rent takes 19.6% of median income against the 30% cost-burden line.

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Illinois · Census place 50868

Mount Carmel, IL population, income and ZIP codes

Quick answer

The population of the city of Mount Carmel, Illinois (Mount Carmel, IL — Census place “Mount Carmel city”) is 6,892 residents, ranking #287 of 1462 places in Illinois. Median household income is $45,884, the median home is worth $88,500 and median gross rent runs $750 a month. Looking for the Mount Carmel Illinois ZIP code list? 1 ZIP codes serve Mount Carmel, IL: 62863.

Population: 6,892Mount Carmel city residents
Median household income: $45,884Past 12 months, inflation adjusted
Median home value: $88,500Owner-occupied units
Median gross rent: $750Rent plus utilities, monthly
Median age: 43.9 yrsAll residents
Homeownership rate: 67.4%Owner-occupied households

Mount Carmel ZIP codes (Illinois)

Census ZCTAs whose delivery area overlaps Mount Carmel.

The Mount Carmel IL ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

62863

What the numbers mean in Mount Carmel city

Housing cost measured against local earnings.

A household earning the Mount Carmel city median would spend about 19.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.9% of residents and 67.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Mount Carmel city, IL in context

How this area compares with national benchmarks.

Mount Carmel city is a mid-size town in Illinois, with 6,892 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #287 of 1,462 ranked by population — larger than 80% of them. The median age here is 43.9 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Mount Carmel city earn a median of $45,884 a year, 41.6% below the national figure of $78,538 and 38% below the $74,244 median for the 698 Illinois cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 15.9% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Mount Carmel city is valued at $88,500, 70.8% below the national figure and 51% below the $179,100 peer median, while median gross rent runs $750 a month, 46.7% below the national figure, or roughly $9,000 across a full year. A household on the local median income would put about 19.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 1.9×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 67.4% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Illinois.

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Frequently asked questions

Common questions about this area.

What is the population of Mount Carmel city?: Mount Carmel city has 6,892 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #287 of 1,462 in Illinois.
What is the median household income in Mount Carmel city?: Median household income in Mount Carmel city is $45,884 a year, 41.6% below the national figure of $78,538.
How much does it cost to rent or buy in Mount Carmel city?: Median gross rent is $750 a month and the median home value is $88,500, so rent absorbs about 19.6% of median household income.
Is Mount Carmel city affordable compared with the rest of the US?: Homes cost about 1.9× the local median income here versus roughly 3.9× nationally, so Mount Carmel city is more affordable to buy in than the typical US market, and rent takes 19.6% of median income against the 30% cost-burden line.
How current is this Mount Carmel city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.