Carmel, Indiana 

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Economy in Carmel, Indiana

Carmel has an unemployment rate of 2.9%. The US average is 3.7%.

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
  2.9%3.7%
  2.5%1.6%
  43.8%33.5%
  7.0%6.2%
  4.2%4.6%
  $55,796$31,177
  $109,201$57,652
  $131,164$70,850
  POPULATION BY OCCUPATION
  0.1%1.3%
  0.0%0.6%
  3.6%6.2%
  14.6%10.4%
  4.3%2.7%
  9.1%11.6%
  2.4%4.1%
  0.9%0.9%
  2.8%2.1%
  8.1%4.7%
  2.0%1.9%
  12.6%6.7%
  0.1%0.1%
  2.6%4.3%
  10.6%9.3%
  13.5%13.8%
  2.1%2.2%
  5.3%7.4%
  3.1%4.9%
  2.2%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Carmel    26 Reviews
    Midwest upper middle class town - 6/14/2019
    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... Read More

    Start Your Review of Carmel


    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

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


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    COMPARE COST OF LIVING
    Compare Carmel, Indiana to any other place in the USA.

    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
    $325,000
    8 David Pl
    Bed 4 | Bath 3

    $439,900
    Erica Ln Lot 2
    Bed 3 | Bath 2

    $335,000
    9603 Wild Cherry Ln
    Bed 4 | Bath 3

    $365,592
    975 Astor Ln
    Bed 3 | Bath 3

    $478,000
    13933 Wildcat Dr
    Bed 5 | Bath 4

    $459,000
    5793 Opus Dr
    Bed 3 | Bath 3

    $1,325
    10520 N Delaware St
    Bed 3 | Bath 2


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