Income & Economy in Mount Carmel town, TN (37645)
Median Income
$71,336
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+195
Wealth inflow
Population
5,504
Unemployment
7.7%
4.0pp above US avg
IRS migration statistics show a net inflow of about 195 for ZIP 37645 (Mount Carmel town, TN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 37645 (2020–Present)
Since 2020, population grew 8.3%, median income rose 5.8% (inflation-adjusted), home values decreased 1.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $71,336 |
| Unemployment | 7.7% |
| Establishments | 41 |
| Employees | 226 |