Carbon, IN population, income and ZIP codes

Carbon town is a very small community in Indiana, with 293 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #624 of 976 ranked by population — larger than 36% of them. The median age here is 27.9 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Carbon town earn a median of $70,000 a year, 10.9% below the national figure of $78,538 and 14% above the $61,527 median for the 355 Indiana cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 10.2% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Carbon town is valued at $73,300, 75.8% below the national figure and 50% below the $145,600 peer median, while median gross rent runs $945 a month, 32.8% below the national figure, or roughly $11,340 across a full year. A household on the local median income would put about 16.2% 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×, 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. 86.7% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

A median age of 27.9 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address. With 293 residents, a handful of survey responses moves every median on this page. Compare Carbon town against its county rather than against national figures.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. 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.