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Mount Carmel, IN

Full City Profile · Indiana · Union County County

3.4 /5.0
B Good
45 Population 1,125/sq mi density
$61,500 Median Income $38,104 per capita
$135,700 Home Value $255,075 Zillow
$760 Median Rent 14.0% income on rent
54°F Avg Temperature 293 sunny days/yr
219 Violent Crime/100K 2,745 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$61,500 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$135,700 home value, $760/mo rent
F
Safety
1.0 / 5.0
219 violent crimes/100K
B
Education
3.4 / 5.0
30.0% bachelor's degree or higher

Housing Overview

Median Home Value
$135,700
52% below
US avg: $281,900
Median Rent
$760/mo
35% below
US avg: $1,163/mo
Homeownership Rate
58.3%
11% below US avg (65.4%)
Total Housing Units
23
Median year built: 1938

Home Value by Source

Census Median
$135,700
Zillow (ZHVI)
$255,075
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

58.3%
Owner-Occupied
41.7%
Renter-Occupied
58%
42%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $760/mo

Affordability & Housing Stock

Rent Burden
14.0%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
58.3%

Complete Housing Data

Home Values

Census Median Value$135,700
Zillow Home Value (ZHVI)$255,075

Rent

Census Median Rent$760
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Ownership & Stock

Owner-Occupied58.3%
Renter-Occupied41.7%
Homeownership Rate58.3%
Total Housing Units23
Median Year Built1938
Rent Burden14.0%