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
Change Over Time (2013, 2023)
Population Change
+12.7%
90,987 → 102,576
over 10 years
Annual Pop. Growth
+1.21%
Compound annual growth rate
Median Income Change
+26.8%
$106,121 → $134,602
nominal, not inflation-adjusted
Annual Income Growth
+2.41%
Compound annual growth rate
Population Over Time
Total population for Carmel across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013, 2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts, real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
111,586
+9,010 from 2023 (102,576)
Projected Median Income 2030
$159,019
+$24,417 from 2023 ($134,602)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 90,987 | - | $106,121 | - |
| 2015 | 93,065 | +2.3% | $106,433 | +0.3% |
| 2017 | 97,496 | +4.8% | $109,201 | +2.6% |
| 2019 | 101,037 | +3.6% | $112,765 | +3.3% |
| 2021 | 100,777 | -0.3% | $119,772 | +6.2% |
| 2023 | 102,576 | +1.8% | $134,602 | +12.4% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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