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
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-Occupied | 58.3% |
| Renter-Occupied | 41.7% |
| Homeownership Rate | 58.3% |
| Total Housing Units | 23 |
| Median Year Built | 1938 |
| Rent Burden | 14.0% |
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