Carmel is a small city in IN with a population of 89,029 residents. With a median home price of $438,632 (25% above the national median) and median household income of $70,348, Carmel is considered somewhat expensive with a price-to-income ratio of 6.2x.
The real estate market in Carmel features a median home price of $438,632, which is 25% higher than the U.S. national median of $350,000. Monthly rent averages $1,828, 22% above the national average.
Carmel has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Carmel offers a median household income of $70,348, which is 0% higher than the national median of $70,000. Residents spend approximately 31% of their income on rent annually, which may pose affordability challenges for some households.
Understanding the climate of Carmel is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Carmel compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Carmel is $438,632, with average monthly rent of $1,828. The median household income is $70,348, giving the city a price-to-income ratio of 6.2x.
Carmel is considered expensive with a price-to-income ratio of 6.2x, above the national average of 5x.
Carmel has a population of 89,029 residents, making it the #468 largest city in the United States.
Carmel has a violent crime rate of 333 per 100,000 residents, which is below the national average. The property crime rate is 1553 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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