Home / Select Cities  /  2024 Comparing Prospect, KY vs. Carmel, IN

2024 Compare Cities Economy:
Prospect, KY vs Carmel, IN

Change Cities
Highlights
- Household income in Carmel, is 26% less than it is in Prospect and is 42% above the National Average.
- Prospect unemployment rate is 5.0%.
- Carmel unemployment rate is 3.0%.

Economy
 Prospect, KYCarmel, INUnited States
 Unemployment Rate5.0%3.0%6.0%
 Recent Job Growth1.5%2.5%1.6%
 Future Job Growth38.3%43.8%33.5%
 Sales Taxes6.0%7.0%6.2%
 Income Taxes5.0%4.2%4.6%
 Income per Cap.$95,767$64,078$37,638
 Household Income$160,960$119,772$69,021
 Family Median Income$195,679$157,200$85,028
 space
 Est. Households By Income
 Prospect, KYCarmel, INUnited States
 Income Less Than 15K0.5%3.0%9.4%
 Income between 15K and 20K1.3%1.2%3.8%
 Income between 20K and 30K2.1%2.7%8.1%
 Income between 30K and 40K5.2%4.3%8.0%
 Income between 40K and 50K4.2%4.9%7.6%
 Income between 50K and 60K3.7%6.2%7.2%
 Income between 60K and 75K9.2%9.0%9.6%
 Income between 75K and 100K8.7%10.4%12.8%
 Income between 100K and 150K11.1%17.8%16.3%
 Income between 150K and 200K16.1%13.2%7.8%
 Income greater than 200K37.9%27.2%9.5%
 space1
 Population By Occupation
 Prospect, KYCarmel, INUnited States
 Management, business, finance37.1%28.0%16.4%
 Engineering, computers, science4.9%13.4%6.5%
 Community, social services0.0%1.8%1.8%
 Legal9.6%2.9%1.2%
 Education, library4.3%5.9%6.2%
 Arts, design, media, sports, entertainment2.1%2.8%2.0%
 Healthcare practitioners and technology14.9%9.7%6.2%
 Healthcare support0.0%0.9%3.3%
 Firefighters, law enforcement1.3%0.8%2.1%
 Food preparation, serving0.4%5.3%5.4%
 Building maintenance0.0%1.5%3.6%
 Personal care1.5%1.7%2.6%
 Sales, office, administrative support21.5%18.7%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair0.5%2.1%8.1%
 Production, transportation, material moving2.0%4.5%13.1%

View More Data >

Reviews for Prospect    3 Reviews

Over 16 years ago

Although housing is more expensive than most other cities in Kentucky, as are the real estate taxes it is worth it for the piece of mind and the great schools. Otherwise  More

   |    Reply

Quick response to what was posted. I would say her post is inaccurate except for the part about taxes. People are friendlier and more laid back than the people up  More

   |    Reply

Everything is relative as the saying goes, but we transplanted here from Germantown, TN (which we loved)to Prospect, KY (suburb of Louisville). We find the people are  More

   |    Reply

Start Your Review of Prospect

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

   |    Reply

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

   |    Reply

Over 9 years ago

Carmel is hands down the best place to live in  More

   |    Reply

Start Your Review of Carmel

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Prospect, Kentucky Cost of Living vs Carmel, Indiana Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN PROSPECT, KENTUCKY
40059
ZIPS IN CARMEL, INDIANA
46032 46033 46290

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now