Mount Carmel, IL Profile: Facts & Data

Mount Carmel, Illinois - Basic Facts

The City of Mount Carmel had a population of 6,762 as of July 1, 2024.

The primary coordinate point for Mount Carmel is located at latitude 38.4109 and longitude -87.7614 in Wabash County. The formal boundaries for the City of Mount Carmel encompass a land area of 4.86 sq. miles and a water area of 0.14 sq. miles. Wabash County is in the Central time zone (GMT -6).

The City of Mount Carmel 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 City of Mount Carmel is located within Mount Carmel Election Precinct, a minor civil division (MCD) of Wabash County.

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Mount Carmel, IL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	6,762 (100%)
Population in Households	6,432 (95.1%)
Population in Families	4,873 (72.1%)
Population in Group Quarters¹	330 ( 4.9%)
Population Density	1,406
Diversity Index²	21


INCOME
Median Household Income	$46,403
Average Household Income	$68,968
% of Income for Mortgage⁴	13%
Per Capita Income	$29,934
Wealth Index⁵	56
Socioeconomic Status Index⁶	Moderate (50.5)

HOUSING
Total HU (Housing Units)	3,437 (100%)
Owner Occupied HU	1,964 (57.1%)
Renter Occupied HU	919 (26.7%)
Vacant Housing Units	554 (16.1%)
Median Home Value	$93,703
Average Home Value	$134,509
Housing Affordability Index³	180

HOUSEHOLDS
Total Households	2,883
Average Household Size	2.23
Family Households	1,692
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

3,437 (100%)

Owner Occupied HU

1,964 (57.1%)

Renter Occupied HU

919 (26.7%)

Vacant Housing Units

554 (16.1%)

Median Home Value

$93,703

Average Home Value

$134,509

Housing Affordability Index³

180

HOUSEHOLDS

Total Households

2,883

Average Household Size

2.23

Family Households

1,692

Average Family Size

3.00

NOTES

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.
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 races 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.
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.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.86%	-0.74%
Households	-0.49%	-0.16%
Families		-0.51%
Median Household Income		2.03%
Per Capita Income		2.63%
Owner Occupied HU		0.41%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.86%

-0.74%

Households

-0.49%

-0.16%

Families

-0.51%

Median Household Income

2.03%

Per Capita Income

2.63%

Owner Occupied HU

0.41%

Mount Carmel, IL - Peer Comparisons by Rank and Percentile

The table below compares Mount Carmel to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 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	# 287	80th
Population Density	# 454	69th
Median Household Income	# 1384	5th
Housing Affordability Index	# 1132	77th
Per Capita Income	# 1240	15th
Diversity Index	# 738	50th

Variable Description

Rank

Percentile

Total Population

# 287

80th

Population Density

# 454

69th

Median Household Income

# 1384

5th

Housing Affordability Index

# 1132

77th

Per Capita Income

# 1240

15th

Diversity Index

# 738

50th

Illinois Census Data Comparison Tool

Mount Carmel, IL Profile: Facts & Data

Mount Carmel, Illinois - Basic Facts

Mount Carmel, IL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Mount Carmel, IL - Peer Comparisons by Rank and Percentile

Mount Carmel, IL - Most Popular Things to Do

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