Mount Carmel, IN Profile: Facts & Data

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Mount Carmel, Indiana - Basic Facts

The Town of Mount Carmel had a population of 85 as of July 1, 2019. Mount Carmel ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Mount Carmel is located at latitude 39.4073 and longitude -84.8733 in Franklin County. The formal boundaries for the Town of Mount Carmel encompass a land area of 0.05 sq. miles and a water area of 0 sq. miles. Franklin County is in the Eastern time zone (GMT -5). The elevation is 1,020 feet.

The Town of Mount Carmel (GNIS ID: 2396788) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Mount Carmel is located within Township of Springfield, a minor civil division (MCD) of Franklin County.


Jump to... (On This Page!)
  1. Mount Carmel 2019 Demographic Data
  2. Growth Rates for Mount Carmel (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Indiana Research Tools (Easy Tools & Current Data)
  3. Indiana Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Mount Carmel, IN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Mount Carmel, IN Housing Affordability Index is 0
State of Indiana Housing Affordability Index is 180
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Mount Carmel, IN Wealth Index is 52
State of Indiana Wealth Index is 81
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Indiana COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 85 (100%)
Population in Households 85 (100.0%)
Population in Families 76 (89.4%)
Population in Group Quarters1 0
Population Density 1,872
Diversity Index2 2
 

INCOME

Median Household Income $55,037
Average Household Income $62,758
Per Capita Income $22,677
Wealth Index4 52

HOUSING

Total Housing Units 32 (100%)
Owner Occupied HU 26 (81.2%)
Renter Occupied HU 5 (15.6%)
Vacant Housing Units 1 ( 3.1%)
Median Home Value $190,000
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 31
Average Household Size 2.74
Family Households 25
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.13% 0.0%
Households 0.0% 0.0%
Families 0.0% 0.0%
Median Household Income   1.36%
Per Capita Income   2.23%

Mount Carmel, IN - Peer Comparisons by Rank and Percentile

The table below compares Mount Carmel to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 660 3rd
Population Density # 146 79th
Diversity Index # 676 1st
Median Household Income # 301 56th
Per Capita Income # 506 26th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

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