City

Carbon, IN

1 ZIP code  ·  Clay County  ·  Indiana

👥876Population
💰$82,750Median HH Income▲ 8% above avg
🎂40.0Median Age
🏠$137,100Median Home Value▼ 51% below avg
🎓31.0%College Grads▼ 20% below avg
📊3.6%Unemployment▼ 26% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 59.4% Female 40.6% ♀

Race & Ethnicity

White: 99.9%Other: 0.1%Race
White99.9%
Other0.1%

Age Breakdown

Under 5
8%
5–17
16%
18–24
8%
25–44
21%
45–64
35%
65+
5%

Key Indicators

Median Age40.0 yrs
Avg HH Size2.73
Below Poverty3.5% ▼ 65% below avg
College Grads31.0% ▼ 20% below avg
Unemployment3.6% ▼ 26% below avg
No HS Diploma39 (6.8%)
HS Graduate216 (37.8%)
Some College56 (9.8%)
Associates83 (14.5%)
Bachelors80 (14%)
Graduate Degree97 (17%)

Education

No HS: 6.8%HS Grad: 37.8%Some College: 9.8%Associates: 14.5%Bachelors: 14%Graduate: 17%Edu
No HS6.8%
HS Grad37.8%
Some College9.8%
Associates14.5%
Bachelors14.0%
Graduate17.0%
Housing & Income

Housing Tenure

Owner: 95.6%Renter: 4.4%Tenure
Owner95.6%
Renter4.4%

Home Value Distribution

Under $50k
8%
$50k–$100k
16%
$100k–$150k
31%
$200k–$300k
32%
$300k–$500k
13%

Financials

Median HH Income$82,750 ▲ 8% above avg
Median Home Value$137,100 ▼ 51% below avg
Home/Income Ratio1.7x (nat avg ~3.5x)
Median Rent$945/mo
Total Housing Units410
Vacant Units89

Income Distribution

Under $25k
3%
$25k–$50k
16%
$50k–$75k
24%
$75k–$100k
21%
$100k–$150k
27%
$150k–$200k
5%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
87%
Work From Home
13%

Commute Time

Under 15 min
6%
15–30 min
42%
30–45 min
23%
Over 45 min
29%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
7%
1960s–1970s
11%
1980s–1990s
18%
2000+
64%
About Carbon, IN

Carbon is a city in Indiana, located in Clay County. The city spans 1 ZIP code and is home to approximately 876 residents. It is a middle-aged city, with a median age of 40 years.

Economically, Carbon is a middle-income community. The median household income of $82,750 is near the national average. Approximately 3.5% of residents live below the poverty line. The unemployment rate is 3.6%, below the national average.

The real estate market in Carbon is one of the more affordable housing markets in the country. Median home values stand at $137,100, which is well below the national average. Renters typically pay around $945 per month. Homeownership is high at 95.6%, typical of suburban and family-oriented communities.

The population of Carbon is moderately educated. 31.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (99.89%).

Carbon, IN offers residents above-average earning potential within Indiana.

ZIP Codes in Carbon
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47837 876 $82,750 $137,100 $945 3.6% 31.0% 95.6%