Carmel, Indiana 

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Economy in Carmel, Indiana

Carmel has an unemployment rate of 2.6%. The US average is 3.9%.

Carmel has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.

Tax Rates for Carmel
- The Sales Tax Rate for Carmel is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Carmel is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Carmel
- The average income of a Carmel resident is $52,207 a year. The US average is $28,555 a year.
- The Median household income of a Carmel resident is $107,916 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYCarmel, IndianaUnited States
  Unemployment Rate2.6%3.9%
  Recent Job Growth2.5%1.6%
  Future Job Growth43.8%33.5%
  Sales Taxes7.0%7.3%
  Income Tax4.2%4.6%
  Income per Cap.$55,796$31,177
  Household Income$109,201$57,652
  Family Median Income$131,164$70,850
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.1%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction3.6%6.2%
  Manufacturing14.6%10.4%
  Wholesale trade4.3%2.7%
  Retail trade9.1%11.6%
  Transportation and warehousing2.4%4.1%
  Utilities0.9%0.9%
  Information2.8%2.1%
  Finance and insurance8.1%4.7%
  Real estate, rental, leasing2.0%1.9%
  Professional, scientific, technical services12.6%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs2.6%4.3%
  Educational services10.6%9.3%
  Health care and social assistance13.5%13.8%
  Arts, entertainment, recreation2.1%2.2%
  Accommodation, food services5.3%7.4%
  Other services3.1%4.9%
  Public administration2.2%4.8%
ECONOMY MAP
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    Reviews for Carmel    25 Reviews
    Prosperous EdgeCity Suburb Filled with Roundabouts - 4/16/2018
    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... Read More

    Start Your Review of Carmel


    Carmel is the best - 2/28/2015
    Carmel is hands down the best place to live in... Read More

    Stay away - 11/4/2014
    My wife and I have been in Indiana for five years because of ours jobs and all I can say is YUCK! I'm originally from the midwest and my wife is from the south so we... Read More


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    MAPS OF CARMEL, INDIANA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Carmel,Indiana Map
    ZIP CODES IN CARMEL, INDIANA
    46032 46033 46290

    NEW LISTINGS IN CARMEL IN
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    W 131st St. & Willow Rd # WYL3
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