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) 45 %
Population Density (ppl / mile) 1,876.00
Household Size (ppl) 2.733
Households w/ Children 42 %

Housing Stability

Annual Residential Turnover 13 %
5+ Years in Residency 35 %
Median Year in Residency 3.74

Housing Inventory

Carmel, IN Housing Inventory 1,777 6,201 26,380 26,380 1,777 6,201 26,380

Market Overview

426 listings with an estimated median price of $469,475

Price Count
$0 - 100K 2
$100K - 200K 17
$200K - 300K 65
$300K - 400K 81
$400K - 500K 66
$500K - 600K 52
$600K - 700K 36
$700K - 800K 34
$800K - 900K 23
$900K - 1M 14
$1M - Max 36
Property Type Count
Single Family 346
Townhouse 4
Condo 30
Commercial 2
Lots and Land 42
Multi Family 2

(Data as of 5/19/2019)

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: 89,045

Households:32,581

Median Age: 40.70

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 8,343 2,750 6,162 677 351 16,895 21,294 8,343 2,750 6,162 677 351 16,895 21,294

Employment and Finance

Workforce

Carmel, IN Workforce

Income by dollar range (Median Income: $105,507)

Carmel, IN Income by dollar range 765 505 471 779 812 886 891 1,095 850 1,638 2,667 4,026 4,107 3,219 7,117 1,106 1,516 130

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
$552
One Bedroom
$651
Two Bedroom
$809
Three Bedroom
$1,084
Four Bedroom
$1,230

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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