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2024 Compare Cities Economy:
Carmel, IN vs Memphis, TN

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Highlights
- Household income in Memphis, is 63% less than it is in Carmel and is 57% below the National Average.
- Carmel unemployment rate is 3.0%.
- Memphis unemployment rate is 8.0%.

Economy
 Carmel, INMemphis, TNUnited States
 Unemployment Rate3.0%8.0%6.0%
 Recent Job Growth2.5%2.1%1.6%
 Future Job Growth43.8%36.6%33.5%
 Sales Taxes7.0%9.3%6.2%
 Income Taxes4.2%0.0%4.6%
 Income per Cap.$64,078$28,258$37,638
 Household Income$119,772$43,981$69,021
 Family Median Income$157,200$54,745$85,028
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 Est. Households By Income
 Carmel, INMemphis, TNUnited States
 Income Less Than 15K3.0%17.7%9.4%
 Income between 15K and 20K1.2%5.3%3.8%
 Income between 20K and 30K2.7%12.0%8.1%
 Income between 30K and 40K4.3%10.9%8.0%
 Income between 40K and 50K4.9%9.2%7.6%
 Income between 50K and 60K6.2%8.1%7.2%
 Income between 60K and 75K9.0%9.2%9.6%
 Income between 75K and 100K10.4%9.6%12.8%
 Income between 100K and 150K17.8%9.6%16.3%
 Income between 150K and 200K13.2%3.6%7.8%
 Income greater than 200K27.2%4.7%9.5%
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 Population By Occupation
 Carmel, INMemphis, TNUnited States
 Management, business, finance28.0%12.5%16.4%
 Engineering, computers, science13.4%3.7%6.5%
 Community, social services1.8%1.8%1.8%
 Legal2.9%0.9%1.2%
 Education, library5.9%5.5%6.2%
 Arts, design, media, sports, entertainment2.8%1.5%2.0%
 Healthcare practitioners and technology9.7%5.7%6.2%
 Healthcare support0.9%3.4%3.3%
 Firefighters, law enforcement0.8%2.8%2.1%
 Food preparation, serving5.3%6.1%5.4%
 Building maintenance1.5%4.5%3.6%
 Personal care1.7%2.4%2.6%
 Sales, office, administrative support18.7%21.9%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair2.1%6.4%8.1%
 Production, transportation, material moving4.5%20.7%13.1%

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Reviews for Carmel    26 Reviews

I moved to Carmel from France and I lived there for 20 years. I moved to Indianapolis recently (I miss Carmel). I liked Carmel because it is clean, safe, pretty, it has  More

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This place has just about every corporate chain hotel imaginable. I come for business, and it is a nice place to do business. Carmel seems to sucking the corporate  More

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Over 9 years ago

Carmel is hands down the best place to live in  More

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Reviews for Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 4 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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ZIPS IN CARMEL, INDIANA
46032 46033 46290
ZIPS IN MEMPHIS, TENNESSEE
38016, 38128, 38127, 38134, 38109, 38111, 38115, 38116, 38118, 38018, 30 total

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