Mount Carmel
Mount Carmel city, Illinois
If you're seeking a breath of fresh air from the hustle of city life, Mount Carmel, Illinois, with its population of nearly 7,000, offers a compelling alternative. Imagine a place where the median home value is a mere $84,500 – a stark contrast to the national average of around $350,000. Here, your dollar stretches further, allowing for a comfortable lifestyle without the financial strain. The pace is relaxed, the community tight-knit, and the focus is on enjoying the simple pleasures of life. It’s a place where neighbors know each other and the cost of living allows you to pursue your passions, whether it's gardening, spending time outdoors, or simply enjoying the peace and quiet.
From an investment perspective, Mount Carmel presents a unique opportunity. While the median household income of $44,723 is lower than the national average, the incredibly affordable housing makes homeownership accessible to a wider range of people. This area is ideally suited for first-time homebuyers, retirees looking to downsize and stretch their retirement dollars, or anyone seeking a slower pace of life without sacrificing quality. While specific unemployment data isn't available, the town's focus on local business and community support creates a stable economic environment. For those looking for a safe, affordable, and welcoming community, Mount Carmel is a hidden gem.
Mount Carmel, Illinois at a Glance
Mount Carmel is a city in Mount Carmel city, Illinois with a population of approximately 6,978. The median home value is $84,500 and the median household income is $44,723. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $688 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$84,500
Median Income
$44,723
Population
6,978
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 6,978
- Median Age
- N/A
- Median Household Income
- $44,723
40% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 15.3%
23% above nat'l avg
- Median Home Value
- $84,500
70% below nat'l avg
- Median Rent
- $688
41% below nat'l avg
- Homeownership Rate
- 70.2%
7% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 73.10
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 15.0¢/kWh
10% below nat'l avg
- Est. Monthly Electric
- $135
Near nat'l avg
- Unemployment Rate
- 4.6%
24% above nat'l avg
- Poverty Rate
- 15.3%
23% above nat'l avg
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Mount Carmel
Wabash County Fair
Annual county fair featuring agricultural exhibits, carnival rides, and entertainment.
Mount Carmel Christmas Parade
A festive parade held annually to celebrate the holiday season.
Harvest Moon Festival
A fall festival with food, crafts, and live music.
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