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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

Carmel, IN

At a Glance

Median Income
$134,602
79% above
$71,546 per capita
Home Value
$455,500
62% above
Zillow: $555,487
Median Rent
$1,607/mo
38% above
25.8% of income on rent
Violent Crime
31/100K
92% below
846/100K property
Bachelor's Degree+
74.5%
121% above
97.9% high school+
Unemployment
1.9%
47% below
2.3% poverty rate
Obesity Rate
30.1%
6% below
8.0% smoking rate
Avg Temperature
55°F
271 sunny days/yr

How Carmel Compares to the U.S. Average

Each bar shows Carmel's value as a percentage of the national average (100% = U.S. avg)

Income
179%
Home Value
162%
Rent
138%
Poverty
19%
Bachelor's
221%
Unemployment
53%
Crime
8%
Thin vertical line = U.S. national average (100%)

Is Carmel a Good Place to Live?

B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Carmel residents earn a median household income of $134,602 , which is 79% above the national average of $75,149. Per capita income is $71,546. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 2.3% of residents live below the poverty line. The area is home to 28,522 business establishments, including 2,360 restaurants.

Housing & Cost of Living

The median home value in Carmel is $455,500 , 62% above the national median of $281,900. Zillow estimates the typical home at $555,487. Median rent is $1,607/month, with 25.8% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1996.

Safety & Crime

Carmel reports 31 violent crimes per 100,000 residents , which is 92% below the national average of 380/100K. Property crime is 846/100K. The murder rate is 3.2/100K.

Education

74.5% of adults in Carmel hold a bachelor's degree or higher (121% above the national average). 97.9% have completed high school. Local schools score 5.1/10 in standardized testing.

Climate & Weather

Carmel has an average annual temperature of 55°F (13°C). Winters average 36°F in January while summers reach 75°F in July. The area gets 271 sunny days per year. Annual precipitation totals 39.2 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population100,501
Median Age40.5 yrs
Density2,047/mi²
Male / Female48% / 52%
Foreign Born13.6%
Veterans4.4%

Economy

A+
Median Income$134,602
Per Capita$71,546
Unemployment1.9%
Poverty2.3%
County GDP$135,593M
Avg Weekly Wage$1,465

Housing

A+
Home Value$455,500
Rent$1,607
Ownership74.6%
Zillow$555,487
Housing Units40,084
Rent Burden25.8%

Crime

F
Violent31/100K
Property846/100K
Murder3.2/100K
Assault9/100K
Burglary59/100K

Health

Obesity30.1%
Diabetes8.2%
Smoking8.0%
Heart Disease4.2%
Premature Death12,610/100K

Climate

Avg Temp55°F
Sunny Days271/yr
Rain39.2 in/yr
AQI41 (Good)
Elevation850 ft

Education

A+
Bachelor's+74.5%
High School+97.9%
Graduate+32.4%
School Score5.1/10

Community

2024 VoteR 35% / D 63%
Commute25 min
Broadband96.8%
Internet Speed161 Mbps
EV Stations25
Libraries27

Did You Know?

Carmel was founded in 1874.
The median home in Carmel was built in 1996.
25.0% work from home.
The nearest airport is Indianapolis International (19 miles).
The Gini coefficient (income inequality) is 0.475 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
6.4% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 161 Mbps.
There are 2,360 restaurants in the area.
The county recorded 139 fatal vehicle crashes.