According to statistics, the population in Mount Carmel, IL amounts to 7,032, which shows decline 0% compared to the previous year. The median age of the city’s residents is 44. The average household income is $44,500, shifting growth 10% from the past year, and the average property value in Mount Carmel, IL decline 1% to $76,400 throughout the year.
|Number Of Employees||3,149|
|Median Property Value||$76,400|
The average household income in Mount Carmel, IL grew from $40,474 to $44,500 in the past year. This data is an estimate based upon 3,104 households in Mount Carmel, IL . The chart below presents how household income is distributed in Mount Carmel, IL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Mount Carmel, IL shifted from $75,900 to $76,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mount Carmel, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mount Carmel, IL properties falls in the '$70,000 to $79,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Mount Carmel, IL compared to median property taxes around the country. The prevalent amount of property taxes in Mount Carmel, IL equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$87,500||N/A|
|2 bed for sale||$104,900||N/A|
|3 bed for sale||$186,560||+4.7%|
|4+ bed for sale||$137,400||N/A|
During Aug 2022, the average price for an apartment in/near Mount Carmel, IL increased by 5.3% to $161,887.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $104,900. A 3-bed apartment goes for $186,560, it increased by 4.7% lately. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $137,400 for a big-family home.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$154,675||+0.6%|
|Townhouses for sale||$182,000||N/A|
|Apartments for sale||$87,500||N/A|
|Land for sale||$224,900||N/A|
While assessing the property pricing Mount Carmel, IL, you can note that it remains flat with a price tag of $87,500. Price reports demonstrate that house price increased by 0.6% this month making it up to $154,675. Value of the townhouses didn’t change, the price still starts at $182,000.