Mt. Carmel, TN Real Estate

According to census data in the year 2000 there were 2,111 housing units in Mt. Carmel. This represents a 29.5% growth from 1,630 in 1990.

Of those housing units, 1,809 were located in either urbanized areas or urban clusters, and 302 were located in what is classified as a rural area.

Homeownership rate in Mt. Carmel is about 84.8%. Mt. Carmel's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Mt. Carmel were built after 1974.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.60%
Two Bedrooms24.10%
Three Bedrooms62.50%
Four Bedrooms9.20%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1975
Median Value of occupied units$89,100
Median Price asked for vacant units$83,000

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1960
Median Monthly Rent asked for vacant units$330

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.90%
Home Equity Loan8.90%
Simple Mortgage45.80%
Debt Free38.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%