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Mount Carmel 62863

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Illinois
$105K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Housing Stock

HomesHow many homes we have records for in this area.3,725
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$105K
Single familyThe share of homes here that are single-family houses.100%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.100%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.74%
Company ownedThe share of homes owned by a company or trust instead of a person.11%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.0%
Typical ownership tenureHow long the typical owner here has held their home.21.5 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.124
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.184

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.87%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.9,413
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.63 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$60K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80K
Average tempThe average temperature here across a full year.56°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

How Mount Carmel 62863 compares

By median home value, Mount Carmel 62863 is the 1st most expensive of 3 ZIP codes in Wabash County, and its typical home is worth more than 52% of all homes in Wabash County.

Home values in Mount Carmel 62863

Share of homes at each estimated value.

Median
$73K$158K
ZIP codes in Wabash County ranked by median home value
#Wabash CountyMedian valueHomes
1Mount Carmel 62863$105K3,725
2Bellmont 62811$103K134
3Allendale 62410$99K332

About the Mount Carmel 62863 market

How many homes are there in Mount Carmel 62863, IL?

Mount Carmel 62863, IL contains 3,725 residential properties. The median TopHap Estimate is $105K.

How does Mount Carmel 62863, IL compare to the rest of Wabash County?

By median home value, Mount Carmel 62863, IL is the 1st most expensive of 3 ZIP codes in Wabash County. Its typical home is worth more than 52% of all homes in Wabash County. Bellmont 62811 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Mount Carmel 62863, IL?

74% of homes in Mount Carmel 62863, IL are owner-occupied. 11% are held by a company rather than an individual.

How much equity do owners in Mount Carmel 62863, IL hold?

100% of mortgaged homes in Mount Carmel 62863, IL are equity-rich, meaning the loan balance is under half the home's value. 0.0% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Mount Carmel 62863 on the map

See every recorded sale, price heat map, school zone and flood overlay across Mount Carmel 62863 in TopHap’s interactive 3D map.

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A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map