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
- Housing is very affordable with a home-value-to-income ratio of just 2.1x.
Mount Carmel Quick Facts
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.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 45 | 60 | +33.3% |
| Median household income | $61,500 | $63,500 | +3.3% |
| Median home value | $135,700 | $131,300 | -3.2% |
How Mount Carmel Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Mount Carmel Rankings in Indiana
Explore Indiana Rankings
Other Cities in Franklin County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Point Isabel | 60 | N/A | N/A | 0.0% | 0.0% |
| Cartersburg | 59 | N/A | N/A | 100.0% | 0.0% |
| Paris Crossing | 59 | N/A | N/A | 0.0% | 61.0% |
| Florence | 58 | N/A | N/A | 0.0% | 0.0% |
| Donaldson | 62 | $63,229 | N/A | 29.0% | 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.