ZIP Code 62863
standardSource:
Mount Carmel · Wabash County · Illinois
- Population
- 10,183
- Median income
- $55,916
- Median home value
- $105,500
- Bachelor's or higher
- 19.5%
- Land area
- 387.2 sq mi
26/sq mi
▼ 27% vs US
higher than 22% of US ZIPs
▼ 62% vs US
higher than 11% of US ZIPs
Median age 42
Chicago
ZIP code 62863 in Mount Carmel, Illinois has a population of 10,183. The median household income is $55,916, which is 27% below the national average. Median home value is $105,500, 62% below the US average. 19.5% of residents hold a bachelor's degree or higher.
ZIP code 62863 is classified by USPS as a standard delivery area and covers roughly 387.2 square miles in Mount Carmel, Wabash County, Illinois. The area is home to 10,183 residents, producing a population density of 26 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 62863 against Illinois and the nation.
On the economic side, the median household income for ZIP 62863 sits at $55,916 (30% below the Illinois average), while per-capita income is $38,124. The poverty rate stands at 17.8% and the unemployment rate at 3.4%. On housing, the median home value is $105,500 (45% below the state average) with median rent at $792 per month, and 73.9% of occupied units are owner-occupied, a direct signal of whether 62863 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 19.5% of adults hold a bachelor's degree or higher, the median age is 42, and the average commute is 22 minutes. We also surface 6 nearby ZIP codes within roughly 10 miles and 3 additional ZIPs sharing Wabash County, so you can benchmark 62863 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 62863
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 62863.
- Retail trade
Retail trade
35 establishments
- Other services (except public administration)
Other services (except public administration)
31 establishments
- Mining, quarrying, and oil and gas extraction
Mining, quarrying, and oil and gas extraction
23 establishments
- Health care and social assistance
Health care and social assistance
22 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
21 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 62863, Mount Carmel, IL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
10,183
Population
387.2
Area (sq mi)
26
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 62863?
42.0
Median Age
48.0%
Male
52.0%
Female
2.4%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$55,916
Median Household Income
-30% vs state
$38,124
Per Capita Income
17.8%
Poverty Rate
3.4%
Unemployment Rate
21.9 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
4,590
Total Housing Units
4,010
Occupied Units
580
Vacant Units
2.29
Avg Household Size
Occupancy Type
$105,500
Median Home Value
-45% vs state
$792
Median Rent
1968
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+12.9%
YoY Change (2024)
197
HPI Index (2000 = 100)
+97%
Total Change Since 2000
Home values in ZIP 62863 have increased 12.9% over the past year (2024). Since 2000, this ZIP has seen +97% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.1% | 147 |
| 2021 | +10.7% | 163 |
| 2022 | -0.2% | 163 |
| 2023 | +7.2% | 174 |
| 2024 | +12.9% | 197 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 230 business establishments in ZIP 62863, employing approximately 2,576 people with a combined annual payroll of $148,321,000.
230
Businesses
2,576
Employees
$148.3M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 35 | 15.2% |
| Other services (except public administration) | 31 | 13.5% |
| Mining, quarrying, and oil and gas extraction | 23 | 10.0% |
| Health care and social assistance | 22 | 9.6% |
| Professional, scientific, and technical services | 21 | 9.1% |
| Finance and insurance | 19 | 8.3% |
| Accommodation and food services | 15 | 6.5% |
| Construction | 10 | 4.3% |
| Manufacturing | 10 | 4.3% |
| Wholesale trade | 10 | 4.3% |
| Real estate and rental and leasing | 9 | 3.9% |
| Transportation and warehousing | 6 | 2.6% |
| Information | 5 | 2.2% |
| Administrative and support and waste management and remediation services | 4 | 1.7% |
| Utilities | 3 | 1.3% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 62863 vs 62852 →
More ZIP Codes in Wabash County
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Frequently Asked Questions
What county is ZIP code 62863 in? ▼
What is the population of ZIP code 62863? ▼
What is the median household income in ZIP 62863? ▼
What is the average home value in ZIP 62863? ▼
What is the demographic makeup of ZIP 62863? ▼
How many businesses are in ZIP code 62863? ▼
What are the main industries in ZIP code 62863? ▼
How have home values changed in ZIP code 62863? ▼
What is the education level in ZIP code 62863? ▼
What is the average commute time in ZIP 62863? ▼
What percentage of residents own vs. rent in ZIP 62863? ▼
What is the poverty rate in ZIP code 62863? ▼
ZIP Code Research Guides
Official Data Resources for Mount Carmel, IL
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.