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Carmel city, Indiana

City

Population: 100,501 (2023 estimate)

Located in Indiana , Indiana

Census Bureau data for Carmel city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Carmel city

What is the median household income in Carmel city?
The median household income in Carmel city is $134,602 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Carmel city?
The poverty rate in Carmel city is 2.3% (U.S. Census Bureau ACS 2023).
What is the median home value in Carmel city?
$455,500 (U.S. Census Bureau ACS 2023).
What is the average rent in Carmel city?
The median gross rent in Carmel city is $1,607 per month (U.S. Census Bureau ACS 2023).
What percentage of Carmel city residents have a college degree?
74.5% of adults in Carmel city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
100,501
Median Income
$134,602
Median Home Value
$455,500
Poverty Rate
2.3%
Unemployment (ACS 2023)
2.7%
Median Age
40.0 yrs
Since 2019 Median Income: +$21,837 (+19.4%) Home Value: +$122,300 (+36.7%) Poverty Rate: -0.3 pp (-11.5%) Bachelor's+: +3.9 pp (+5.5%) Unemployment: +0.2 pp (+8%)

Demographics

Total Population 100,501
Median Age 40.0
Female 51.9%
Race & Ethnicity
Hispanic or Latino 5.0% White (non-Hisp.) 75.7% Black 3.7% Asian 11.6% Two or More 5.9% Other 1.1%
Asian Subgroups (% of total pop.)
Indian
4.4%
Chinese
4.4%
Korean
1.0%
Filipino
0.3%
Vietnamese
0.2%
Japanese
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
2.0%
Cuban
0.5%
Puerto Rican
0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $134,602 ±$7,262
+$64,551 vs. state
Per Capita Income $186,446
Median Family Income $176,215
Poverty Rate 2.3%
-6.1 pp vs. state
Child Poverty Rate 3.4%
Working-Age Poverty Rate
SNAP Recipients 1.5%
Social Security Income
Retirement Income 21.2%
Household Income Distribution
< $10k
2.6%
$10–15k
0.7%
$15–25k
2.3%
$25–35k
2.0%
$35–50k
7.1%
$50–75k
12.8%
$75–100k
10.8%
$100–150k
16.1%
$150–200k
13.5%
$200k+
32.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 40,477
Owner-Occupied 74.6%
Renter-Occupied 25.4%
Vacancy Rate 5.7%
Median Home Value $455,500
+$253,900 vs. state
Median Gross Rent $1,607
Owner Cost Burden (30%+) 12.5%
Renter Cost Burden (30%+) 32.6%
Home Value Distribution
< $50k
1.1%
$50–100k
0.6%
$100–200k
1.3%
$200–300k
11.7%
$300–500k
41.2%
$500k–$1M
33.2%
$1M+
7.4%
Gross Rent Distribution
< $500
0.7%
$500–1k
4.8%
$1–1.5k
37.7%
$1.5–2k
31.9%
$2–2.5k
12.5%
$2.5–3.5k
5.8%
$3.5k+
6.7%
Vehicle Availability
No vehicle
2.2%
1 vehicle
26.3%
2 vehicles
48.9%
3+
22.6%
Housing Type
Single-fam. det.
70.4%
Single-fam. att.
5.2%
2–4 units
0.9%
5–19 units
6.5%
20+ units
8.3%
Mobile home
0.3%
Housing Age
Pre-1940
0.9%
1940–1969
1.1%
1970–1999
12.4%
2000–2009
21.7%
2010+
18.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 97.9%
Bachelor's or Higher 74.5%
+45.7 pp vs. state
Graduate Degree 32.0%
Some College / Associate 10.6%
Less Than High School 1.0%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 69.7%
Unemployment Rate 2.7%
-1.6 pp vs. state
Work from Home 25.0%
Self-Employed 4.6%
Government Workers 9.3%
Private For-Profit 85.9%
Industry
Edu/Health
25.6%
Prof. Services
18.0%
Manufacturing
11.5%
Finance
10.3%
Retail
7.9%
Arts/Entmt.
7.9%
Wholesale
4.0%
Transportation
3.5%
Construction
3.2%
Public Admin
2.1%
Information
2.0%
Agriculture
0.6%
Occupation
Management
64.9%
Sales
18.2%
Food Prep
9.6%
Production
5.0%
Construction
2.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 25.0 min
Drove Alone 69.1%
Carpool 4.0%
Public Transit 0.1%
Work from Home 25.0%
Walked 1.3%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 38,160
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 63.8%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 30.1%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.1%
5–9
6.5%
10–14
8.4%
15–19
7.6%
20–24
5.4%
25–34
10.5%
35–44
13.1%
45–54
15.1%
55–64
7.1%
65–74
6.3%
75–84
9.2%
85+
3.8%
Under 18: 25.1% Working age (18–64): 74.9% 65 and over: 14.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 12.9%
Naturalized Citizen 60.5%
Speaks English Less Than Very Well 4.7%
Foreign-Born Origin
Asia
59.1%
Latin America
16.9%
Europe
11.3%
Africa
10.1%

Veterans & Disability

Veteran 4.4%
With a Disability 6.3%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 96.7%
Uninsured 3.3%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 96.8%
Has a Computer 98.3%
Same House 1 Year Ago 89.3%
Moved from Abroad 0.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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