Mount Carmel, IN
Full City Profile · Indiana · Union County County
Mount Carmel, IN
At a Glance
How Mount Carmel Compares to the U.S. Average
Each bar shows Mount Carmel's value as a percentage of the national average (100% = U.S. avg)
Is Mount Carmel a Good Place to Live?
Economy & Jobs
Mount Carmel residents earn a median household income of $61,500 , which is 18% below the national average of $75,149. Per capita income is $38,104. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 150 business establishments, including 11 restaurants.
Housing & Cost of Living
The median home value in Mount Carmel is $135,700 , 52% below the national median of $281,900. Zillow estimates the typical home at $255,075. Median rent is $760/month, with 14.0% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1938.
Education
30.0% of adults in Mount Carmel hold a bachelor's degree or higher (11% below the national average). 62.5% have completed high school. Local schools score 6.3/10 in standardized testing.
Climate & Weather
Mount Carmel has an average annual temperature of 54°F (12°C). Winters average 29°F in January while summers reach 75°F in July. Annual precipitation totals 43.8 inches.