Mount Carmel, IN
60Residents
$63,500Median household income
$820/moMedian gross rent
$131,300Median home value
47.6Median age
24%Adults with a bachelor’s degree or higher
63%Homes lived in by their owners
2.1×Home value to household income
Median rent takes about 15% of the median household income in Mount Carmel.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $33,000 a year. In Indiana that leaves roughly $2,309 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.