Indiana · Census place 51354
Mount Carmel town, IN
Quick answer
Mount Carmel town has 45 residents, ranking #927 of 976 places in Indiana. Median household income is $61,500, the median home is worth $135,700 and median gross rent runs $760 a month.
- Population
- 45Mount Carmel town residents
- Median household income
- $61,500Past 12 months, inflation adjusted
- Median home value
- $135,700Owner-occupied units
- Median gross rent
- $760Rent plus utilities, monthly
- Median age
- 47.6 yrsAll residents
- Homeownership rate
- 58.3%Owner-occupied households
What the numbers mean in Mount Carmel town
Housing cost measured against local earnings.
A household earning the Mount Carmel town median would spend about 14.8% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 0% of residents and 58.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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