Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.4 yrs |
|---|---|
| Avg HH Size | 2.28 |
| Below Poverty | 14.0% ▲ 40% above avg |
| College Grads | 40.8% ≈ Avg |
| Unemployment | 3.5% ▼ 29% below avg |
| No HS Diploma | 36 (0.6%) |
| HS Graduate | 1,886 (30.7%) |
| Some College | 731 (11.9%) |
| Associates | 989 (16.1%) |
| Bachelors | 1,297 (21.1%) |
| Graduate Degree | 1,210 (19.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $52,073 ▼ 32% below avg |
|---|---|
| Median Home Value | $104,000 ▼ 63% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $772/mo |
| Total Housing Units | 4,608 |
| Vacant Units | 539 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Mount Carmel is a city in Illinois, located in Wabash County. The city spans 1 ZIP code and is home to approximately 9,438 residents. It is a middle-aged city, with a median age of 42.4 years.
Economically, Mount Carmel is a working-class community. The median household income of $52,073 is below the national average. Approximately 14.0% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Mount Carmel is one of the more affordable housing markets in the country. Median home values stand at $104,000, which is well below the national average. Renters typically pay around $772 per month. Homeownership is high at 72.9%, typical of suburban and family-oriented communities.
The population of Mount Carmel is well-educated. 40.8% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.92%).
Mount Carmel, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 62863 | 9,438 | $52,073 | $104,000 | $772 | 3.5% | 40.8% | 72.9% |