Mount Carmel, TN

Full City Profile · Tennessee · Scott County County

2.9 /5.0
C+ Fair
5,504 Population 829/sq mi density
$71,336 Median Income $34,282 per capita
$179,700 Home Value $267,038 Zillow
$804 Median Rent 24.8% income on rent
58°F Avg Temperature
21 Violent Crime/100K 451 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$71,336 median income, 7.7% unemployment
A+
Affordability
5.0 / 5.0
$179,700 home value, $804/mo rent
F
Safety
1.0 / 5.0
21 violent crimes/100K
C
Education
2.2 / 5.0
15.0% bachelor's degree or higher

Housing Overview

Median Home Value
$179,700
36% below
US avg: $281,900
Median Rent
$804/mo
31% below
US avg: $1,163/mo
Homeownership Rate
88.5%
35% above US avg (65.4%)
Total Housing Units
2,243
Median year built: 1978

Home Value by Source

Census Median
$179,700
Zillow (ZHVI)
$267,038
Redfin Median Sale
$295,000
Median Sale Price
$295,000
Median List Price
$334,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.5%
Owner-Occupied
11.5%
Renter-Occupied
89%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent: $804/mo

Market Indicators (Redfin)

Median Sale Price
$295,000
Median Days on Market
107 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
27.8%
of listings with price reduction
Price Per Sq Ft
$134
Active Inventory
18
homes for sale

Affordability & Housing Stock

Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
88.5%

Complete Housing Data

Home Values

Census Median Value$179,700
Zillow Home Value (ZHVI)$267,038
Redfin Median Sale$295,000
Median Sale Price$295,000
Median List Price$334,950
Price Per Sq Ft$134

Rent

Census Median Rent$804
FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Days on Market107
Sale-to-List Ratio1.0%
Price Drops27.8%
Homes Sold4
Active Inventory18
Price Per Sq Ft$134

Ownership & Stock

Owner-Occupied88.5%
Renter-Occupied11.5%
Homeownership Rate88.5%
Total Housing Units2,243
Median Year Built1978
Rent Burden24.8%