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Mount Carmel, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Mount Carmel, Indiana had a total population of 60, the 912th largest town in Indiana, with a median household income of $63,500, which is 12% lower than the state average. The poverty rate is 6.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Mount Carmel Quick Facts

Population 60
Median Household Income $63,500
Median Home Value $131,300
Poverty Rate 6.7%
Unemployment Rate 0.0%
Median Age 47.6 years
Homeownership Rate 63.3%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 24.0%
High School Graduation Rate 66.0%
Diversity Index 3/100
Population 60 912th of 967
Median Income $63,500 average
Poverty Rate 6.7% 46% lower than national
Median Home Value $131,300 average

How Mount Carmel Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population4560+33.3%
Median household income$61,500$63,500+3.3%
Median home value$135,700$131,300-3.2%

How Mount Carmel Compares

Economy & Housing

Household Income Distribution

Under $25K 10.0%
$25K-$50K 26.7%
$50K-$100K 36.7%
$100K+ 26.7%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
6.7%
$15K-$20K
3.3%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
13.3%
$35K-$40K
6.7%
$40K-$45K
0.0%
$45K-$50K
6.7%
$50K-$60K
6.7%
$60K-$75K
26.7%
$75K-$100K
3.3%
$100K-$125K
20.0%
$125K-$150K
3.3%
$150K-$200K
3.3%
$200K+
0.0%

Employment

0.0% Unemployment Rate State: 4.3%|National: 5.2%
67.9% Labor Force Participation

Housing Overview

Owner 63.3%
Renter 36.7%
Affordability Index Very Affordable
2.1x home value to income ratio
Median gross rent $820/mo 15.5% of median household income annually

People & Demographics

Diversity Index

3out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Mount Carmel Rankings in Indiana

#912 Population of 967
#404 Median Income of 796
#241 Education of 966
#485 Home Value of 818

Other Cities in Franklin County

CityPopulationMedian IncomePovertyHome Value
Brookville 2,643 $55,938 8.7% $180,700
Oldenburg 770 $79,583 18.6% $276,100
Metamora 491 N/A 0.0% N/A
Laurel 444 $27,692 35.4% $72,900
New Trenton 290 $36,818 0.0% $152,800
Cedar Grove 252 $65,938 10.3% $158,800

Cities Similar to Mount Carmel

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Point Isabel60N/AN/A0.0%0.0%
Cartersburg59N/AN/A100.0%0.0%
Paris Crossing59N/AN/A0.0%61.0%
Florence58N/AN/A0.0%0.0%
Donaldson62$63,229N/A29.0%0.0%

A note before these figures: with a population of 60, Mount Carmel's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Mount Carmel is a small community located in Indiana, within Franklin County. The total population is 60. It ranks as the 912th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Mount Carmel is 47.6 years. This is 25% higher than the state median of 38.1 years. Only 8.3% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Mount Carmel is $63,500. This is 12% lower than the state median of $71,957. It is also 21% lower than the national median of $80,734. The poverty rate stands at 6.7%. This is 46% lower than the state poverty rate of 12.3%. The survey records no unemployed residents in Mount Carmel, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $131,300. Housing costs are 40% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.1x, Mount Carmel is one of the most affordable housing markets in the area. 63.3% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 70.5%.

Race & Ethnicity

Mount Carmel has a predominantly White (non-Hispanic) population, comprising 98.3% of all residents. Black or African American residents account for 1.7%. The Black or African American population (1.7%) is well below the state average of 9.1%.

Education

24.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 66.0%.

Data Sources & Methodology

All demographic data for Mount Carmel, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Mount Carmel, Indiana?

Mount Carmel, Indiana has a population of 60 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Mount Carmel, IN?

The median household income in Mount Carmel is $63,500, which is 21% lower than the national median of $80,734.

What is the poverty rate in Mount Carmel, IN?

The poverty rate in Mount Carmel is 6.7%. This means approximately 4 residents live below the federal poverty line.

What is the racial makeup of Mount Carmel, Indiana?

Mount Carmel's population is 98.3% White, 1.7% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Mount Carmel, IN?

The median home value in Mount Carmel is $131,300. The home-value-to-income ratio is 2.1x.

How educated is Mount Carmel, Indiana?

24.0% of adults (25+) in Mount Carmel hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.