Carbon, Indiana.
Typical home $179,285 (+8.1% in a year). Terre Haute, IN metro.
to buy the typical home at today's mortgage rate — +$585 (+164%) since Jan 2020.
- 1 year
- Up $13,404 +8%
- $165,881$179,285 since Sep 2025
- 5 years
- Up $47,289 +36%
- $131,996$179,285 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Carbon$941
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Carbon, IN rose 8.1% over the past year — faster than the nation's +1.2%.
Living in Carbon, Parke County, Indiana
Carbon is a town of 263 people in Parke County. Unemployment in Parke County was 3.5% in August 2026, and the county had 1.4% fewer jobs in 2025 than the year before. The most people in Parke County work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Carbon is a very small Indiana town in Parke County, home to few people even by the standards of the area around it. Its residents are younger than in most of the country, and typical home values sit at a level many homeowners would find modest. Winters are cold, with January the coldest month and a good deal of snow, while July brings the warmest days. Rain and melted snow add up to a fairly wet year.
Work. Residents work mostly in manufacturing, in schools, hospitals and social care, in shops, and in the building trades. Across Parke County, the largest workplaces include North Central Parke Comm Schl Schools, Scott Pet Products and Futurex Industries. Jobs across the county slipped a little last year, and unemployment is a touch lower than it was a year ago.
Things to do. The Mansfield Roller Mill, a museum, is a short drive away. Turkey Run State Park, a protected area, and Cataract Falls, a waterfall, are a longer drive away. Shades State Park is another protected area a longer drive off, and these places suit a day trip.
Report a mistake
- 9%below the poverty line
What people in Parke County work in
Employed residents by industry, from the Census survey. Parke County had 3,526 jobs in 2025, 1.4% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 34° and lows near 17°; warmest in July, with highs near 83° and lows near 61°. About 22 inches of snow and 46 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Greencastle West weather station, 13 miles away (NOAA).
Largest workplaces in Parke County
- North Central Parke Comm Schl Corp SchoolsSchool district235FTE
- Southwest Parke Com Sch Corp SchoolsSchool district166FTE
- Scott Pet ProductsDog and cat food, manufacturing125
- River City Delivery CompanyDelivery service provider102
- Scaffold King RentalsAgricultural machinery and equipment rental or leasing98
- Futurex IndustriesSheet, plastics, unlaminated, manufacturing50
- Kirby Foods RockvilleGrocery stores50
- Futurex IndustriesSheet, plastics, unlaminated, manufacturing43
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 573 people in all across the county; Carbon has none of its own. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- Winter weatherRelatively high
- HailRelatively moderate
- TornadoesRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Carbon’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Parke County and the Terre Haute, IN metro.
Carbon home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Carbon$179,285
- Indiana$257,165
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
Not enough data to draw this yet.
Zip codes with a Carbon address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Carbon — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.