
Mount Carmel is a small-sized city located in the state of Ohio. The city has a population of 4,996 people. If we look at the most recent Census, Mount Carmel is known to have a predominantly White population. The next two most common races are Asian and Black. Mount Carmel could be a great place for young adults and students as the average age of 32 years old is below the nation’s average. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Mount Carmel is the right fit for you, your one way commute time will average 26 minutes, which is about average when compared to the national commute time of 26 minutes.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Mount Carmel, Ohio could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like amenities, crime, health & safety, housing and other key data points, finding the best places to live in Mount Carmel and in the areas around Mount Carmel is a much easier task.
The livability score in Mount Carmel is 65/100 and the city is ranked in the 58th percentile of all cities across America. If we consider each of the categories on their own, we see that Mount Carmel ranks well for crime (B-), cost of living (A+) and housing (A+). Mount Carmel does not fare well for the following: amenities (F) and education (D-). It might be a smart idea to take a closer look at each category to find out why.
The Mount Carmel unemployment rate of 1.7% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Mount Carmel market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Mount Carmel is actually affordable. Median real estate prices in Mount Carmel come in at $268,243, which is 14.2% higher than the Ohio average. The home price to income ratio compares the median home prices to the median household income. In Mount Carmel, the home price to income ratio is 3.6, which is 16.1% higher than the Ohio average.
| Statistic | Mount Carmel | Ohio | National |
| Average one way commute | 26min | 23min | 26min |
| Workers who drive to work | 83.9% | 83.4% | 76.4% |
| Workers who carpool | 7.9% | 7.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.7% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 2.3% | 2.3% | 2.8% |
| Working from home | 5.6% | 3.7% | 4.6% |