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Learn about the people, housing, costs and businesses in Mount Carmel, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Mount Carmel.
True all-in cost — P&I, taxes, insurance & utilities for homes in Mount Carmel.
Find and compare lenders active near Mount Carmel.
FEMA flood zones and flood insurance estimates for Mount Carmel.
Seismic risk and earthquake insurance estimates for Mount Carmel.
Wildfire exposure and insurance estimates for Mount Carmel.
As of today, the 30-year fixed mortgage rate for Mount Carmel is approximately 7.012% (7.025% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for Mount CarmelThe median home value in Mount Carmel is $105k. The median monthly rent is $812. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Mount Carmel have increased 12.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $779/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mount Carmel is $52k/year.
Calculate your buying powerThe largest employment sectors in Mount Carmel are public administration (26%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.