Carmel city: Median Household Income Trend
How Carmel city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$109,201
2023
$134,602
Total change
+$25,401
% change
+23.3%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $109,201 | — |
| 2019 | $112,765 | +$3,564 (3.3%) |
| 2020 | $115,109 | +$2,344 (2.1%) |
| 2021 | $119,772 | +$4,663 (4.1%) |
| 2022 | $132,859 | +$13,087 (10.9%) |
| 2023 | $134,602 | +$1,743 (1.3%) |