Carmel, IN
Full City Profile · Indiana · Marion County County
3.9
/5.0
B+
Good
100,501
Population
2,047/sq mi density
$134,602
Median Income
$71,546 per capita
$455,500
Home Value
$555,487 Zillow
$1,607
Median Rent
25.8% income on rent
55°F
Avg Temperature
271 sunny days/yr
31
Violent Crime/100K
846 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$134,602 median income, 1.9% unemployment
A+
Affordability
4.8 / 5.0
$455,500 home value, $1,607/mo rent
F
Safety
1.0 / 5.0
31 violent crimes/100K
A+
Education
5.0 / 5.0
74.5% bachelor's degree or higher
Income Overview
Median Household Income
$134,602
79% above
US avg: $75,149
Per Capita Income
$71,546
83% above
US avg: $39,052
Unemployment Rate
1.9%
47% below
US avg: 3.6%
Poverty Rate
2.3%
81% below
US avg: 12.4%
Income Comparison: Carmel vs. U.S. Average
Each bar shows Carmel’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$134,602
179%
Per Capita
US: $39,052
$71,546
183%
IRS Avg AGI
US: $72,000
$69,381
96%
Avg Weekly Wage
US: $1,432
$1,465
102%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,465
2% above US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
25.0%
64% above US avg (15.2%)
Drive Alone
69.1%
6% below US avg (73.2%)
Public Transit
0.1%
99% below US avg (5.0%)
County GDP
$135,593M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
69.1%
Public Transit
0.1%
Work From Home
25%
Other
5.8%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
28,522
Restaurants
2,360
Healthcare
2,986
Retail
2,866
Manufacturing
749
Tax & Financial
IRS Avg Adjusted Gross Income
$69,381
4% below US avg ($72,000)
Avg Property Tax
$4,878
39% above US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $134,602 |
| Per Capita Income | $71,546 |
| IRS Avg Adjusted Gross Income | $69,381 |
| Avg Weekly Wage | $1,465 |
| County GDP | $135,593M |
Hardship Indicators
| Unemployment Rate | 1.9% |
| Poverty Rate | 2.3% |
| Gini Coefficient | 0.475 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 69.1% |
| Public Transit | 0.1% |
| Work From Home | 25.0% |
Businesses
| Total Establishments | 28,522 |
| Restaurants | 2,360 |
| Healthcare | 2,986 |
| Retail | 2,866 |
| Manufacturing | 749 |
Tax
| IRS Avg AGI | $69,381 |
| Avg Property Tax | $4,878 |
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