Mount Carmel town, Indiana Demographics & Population 2026

Population Overview

Mount Carmel town is a small community located in Indiana. The total population is 45. It ranks as the 925th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Mount Carmel town is 47.6 years. This is 25% higher than the state median of 38.0 years. Only 8.9% of residents are under 18, indicating fewer families with children. 11.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Mount Carmel town is $61,500. This is 12% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 22% lower. The poverty rate stands at 0.0%. This is 100% lower than the state poverty rate of 12.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.3%. The median home value is $135,700. Housing costs are 33% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.2x, Mount Carmel town is one of the most affordable housing markets in the area. 58.3% of occupied housing units are owner-occupied. This homeownership rate is 17% lower than the state average of 70.3%.

Race & Ethnicity

Mount Carmel town has a predominantly White (non-Hispanic) population, comprising 97.8% of all residents. Black or African American residents account for 2.2%. The Black or African American population (2.2%) is well below the state average of 9.1%.

Education

30.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 4% higher than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 62.5%.

Data Sources & Methodology

All demographic data for Mount Carmel town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.