All Countries
Mount Carmel, IL
Full City Profile · Illinois · Wabash County County
3.0
/5.0
B
Good
6,892
Population
1,433/sq mi density
$45,884
Median Income
$30,812 per capita
$88,500
Home Value
$113,335 Zillow
$750
Median Rent
22.8% income on rent
56°F
Avg Temperature
293 sunny days/yr
114
Violent Crime/100K
1,817 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$45,884 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$88,500 home value, $750/mo rent
F
Safety
1.0 / 5.0
114 violent crimes/100K
C
Education
2.3 / 5.0
16.7% bachelor's degree or higher
Housing Overview
Median Home Value
$88,500
69% below
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
67.4%
3% above US avg (65.4%)
Total Housing Units
3,429
Median year built: 1956
Home Value by Source
Census Median
$88,500
Zillow (ZHVI)
$113,335
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.4%
Owner-Occupied
32.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$750/mo
Affordability & Housing Stock
Rent Burden
22.8%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
67.4%
Complete Housing Data
Home Values
| Census Median Value | $88,500 |
| Zillow Home Value (ZHVI) | $113,335 |
Rent
| Census Median Rent | $750 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 67.4% |
| Renter-Occupied | 32.6% |
| Homeownership Rate | 67.4% |
| Total Housing Units | 3,429 |
| Median Year Built | 1956 |
| Rent Burden | 22.8% |