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Carmel city, Indiana demographics and economy

Census American Community Survey 2023 5-Year Estimates for Carmel city, Indiana.

Population
100,501
Median HH Income
$134,602
Median Home Value
$455,500
Median Age
40.5

Workforce

Unemployment rate
2.7%
1,493 unemployed of 54,881 in labor force
Bachelor's degree or higher
42.5%
of population age 25+ (67,319 total)
Below poverty line
3.7%
3,738 of 99,894 surveyed

Housing & cost of living

Median home value
$455,500
owner-occupied housing units
Median gross rent
$1,607/mo
renter-occupied units, all bedrooms

Related resources

Similar-sized Indiana places

Data source: U.S. Census Bureau American Community Survey 2023 5-Year Estimates (Table B). Geography: place (incorporated city/town/CDP). Public domain (USA.gov).

Indicators: B01003 (population), B19013 (median household income), B25077 (median home value), B01002 (median age), B25064 (median gross rent), B23025 (labor force/unemployment), B15003 (educational attainment), B17001 (poverty).

Generated 2026-05-27. Census applies suppression rules to small populations; some values may be unavailable.