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Affordable
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These days, finding an affordable place to live in the Mount Carmel area can be challenging. Home prices in Mount Carmel are now at a median cost of $148,828, lower than the South Carolina average of $296,593.
The average cost of rent is $1,415/mo in Mount Carmel, primarily driven by the current value of real estate in the Mount Carmel area. In Mount Carmel, 9.16% of households rent, and 86.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Carmel is $3,454 per month. Households that rent pay about 40.98% of their income on rent here. Mount Carmel’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Willington, SC: less expensive homes
- Calhoun Falls, SC: less expensive homes
- Abbeville, SC: higher priced homes
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- Verdery, SC: less expensive homes
- Chennault, GA: less expensive homes
- Troy, SC: less expensive homes
- McCormick, SC: higher priced homes
- Callison, SC: equally priced homes
- Bradley, SC: equally priced homes
Cities with Similar Populations
- Tuscola, MS: less expensive homes
- Edna, OK: higher priced homes
- Eldean, OH: higher priced homes
- Elk, TX: higher priced homes
- Theressa, FL: higher priced homes
- Thivener, OH: equally priced homes
- Tovey, IL: less expensive homes
- Toxey, AL: less expensive homes
- Trace, WV: less expensive homes
- Trenary, MI: higher priced homes
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