Carmel, IN Overview

Distinguished as one of the fastest-growing cities in the state, Carmel City offers a dynamic community with award-winning schools, thriving businesses, and family-oriented neighborhoods.  Planners and residents share a commitment to preserving the area's vitality and beauty through controlled expansion.  The Meridian Corridor in Carmel is one of the finest business address in the nation, home to many leading corporations.  An attractive and diversified selection of housing in more than 120 neighborhoods offer everything from turn-of-the-century bungalows to showcase manors and suburban family homes.  The Carmel/Clay Monon Greenway trail, ice skating rink, indoor soccer, racquet club, symphony orchestra, a community theatre group, and Carmel Arts Council and Gallery are just a few of the attractions.  Area youth receive a quality education in the Carmel Clay Schools.  The city's active parks and recreation department continues to develop quality facilities and programs for all ages and interests.  Horseback riding, laser tag, field trips, language classes, karate, dance lessons, and a kaleidoscope of other activities are all available.  Nearby Turkey Run State Park provides a wealth of options for outdoor adventure including canoeing and rafting.

Summary

Population Growth (since 2000) 56%
Population Density (ppl / mile) 2,014.00
Household Size (ppl) 2.712
Households w/ Children 39%

Housing Stability

Annual Residential Turnover 0%
5+ Years in Residency 35%
Median Year in Residency 3.74

Housing Inventory

Carmel, IN Housing Inventory 1,904 6,677 28,353 28,353 1,904 6,677 28,353

Market Overview

231 listings with an estimated median price of $478,000

Price Count
$0 - 100K 1
$100K - 200K 16
$200K - 300K 32
$300K - 400K 46
$400K - 500K 28
$500K - 600K 27
$600K - 700K 15
$700K - 800K 12
$800K - 900K 13
$900K - 1M 12
$1M - Max 29
Property Type Count
Single Family 192
Commercial 3
Lots and Land 36

(Data as of 8/7/2020)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Carmel, IN Population Demographics

Total: 95,565

Households:35,029

Median Age: 41.21

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Carmel, IN Temperature

Weather Risk

Carmel, IN Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Carmel, IN Education Climate Index

Highest Education Level Attained

Carmel, IN Highest Education Level Attained 8,619 2,747 5,939 853 480 18,054 25,298 8,619 2,747 5,939 853 480 18,054 25,298

Employment and Finance

Workforce

Carmel, IN Workforce

Income by dollar range (Median Income: $107,809)

Carmel, IN Income by dollar range 560 598 585 751 755 1,055 794 910 925 1,690 3,172 4,358 4,360 3,287 7,101 2,313 990 827

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$594
One Bedroom
$689
Two Bedroom
$850
Three Bedroom
$1,140
Four Bedroom
$1,298

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
No

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Carmel, IN Crime

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