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When you have a desire to live in a suburban setting with a countryside feel, but not far away from a city, you can seriously consider Carmel, Indiana, lying immediately north of Indianapolis.

Usually you measure a city based on the climate, living costs, living standards, and community and Carmel is behind to none. For those who are keen to know more about the city, we’ve got the ultimate Carmel, Indiana moving guide. We’ve got everything you need to know about the city in detail.

And here we begin.


Quick facts to know before you move to Carmel, IN

  • The city was once called Bethlehem and got renamed as Carmel in 1874.
  • Carmel is recognized as a model of modern urban planning around the world.
  • Though a suburb, Carmel is itself a city with 100, 000 residents.
  • One of the USA's first automatic traffic signals was installed in Carmel in 1924.
  • The authorities built 141 roundabouts between 1988 and 2022, giving it the nickname ‘the Capital of Roundabouts

Top 10 things to know before moving to Carmel

  • Carmel is highly affluent and prosperity is visible in every nook and corner.
  • The city is highly family-friendly.
  • Housing is expensive here.
  • The population is predominantly White and there is little diversity.
  • The city is considered as one of the best places to live in the country.
  • Carmel is home to the state’s biggest high school.
  • The city is continuously growing, both in size and infrastructure.
  • For its numerous traffic roundabouts, Carmel is known as the “Capital of Roundabouts”.
  • The city is home to about 80 corporate head offices.
  • The booming economy promises more job opportunities.

Is Carmel, Indiana a good place to live?

The city in Hamilton County is chosen many times as the best place to live in the country. The city lying just miles away from Indianapolis offers residents a dense suburban feel and most residents own their homes. It is culturally rich and has a thriving economy that contributes to the living standards.

What is special about Carmel?

Although Carmel is addressed as a suburb town, it is a city of its own with about 100,000 residents. The city has about 141 roundabouts; all built between 1988 and 2022, more than any US city and is nicknamed as ‘the Capital of Roundabouts’. The city is rich in economy, culture, and infrastructure. Despite its costly housing market, people move here as there are more jobs and promising entertainment options.

Is it costly to live in Carmel?

The normal living cost in Carmel is at par with most Midwestern cities but the housing costs are little expensive, higher than US average. If you leave out the housing costs, Carmel is affordable to live in.

What's the population of Carmel, IN?

Spread over 49 square miles across Clay Township in Hamilton County, Carmel has a population of 101,643, which means that there are 2,142 people per square mile. There are 28,997 households in the city and females form 51.6% of the total population. The city’s population has grown by 26% in the last decade.

To know the population better, here are a few stats.

  • Carmel’s total population is 101,643.
  • The population is made up of 48.4% males and 51.6% females.
  • The median age in Carmel is 39.5.
  • The city population is made up of 81.3% White, 2.5% Black or African American, 10.3% Asian, 0.3 Native Americans, and 2.1% from two or more races.
  • About 3.2% of the population is of Hispanic ethnicity
  • The median household size in Carmel is 2.7 persons.
  • About 66.9% of the residents are married couples living together.
  • On average, 8.9% of the residents are single and have children.

How fast can you commute to Carmel, IN?

After moving to Carmel, the time you may spend driving home from office and to office from home would be based on the time and area where you live. On average, a Carmel resident spends 24.2 on the road which is shorter than the US average of 26.4 minutes. However, this can also be longer than many US cities.

If you are keen to know how the city residents reach the office regularly, here are the latest stats.

  • About 82.2% drive their car alone
  • About 7.4% carpool with others
  • About 8.3% work from home
  • Approximately 0.2% take mass transit

Tip: While moving the home, safety of your belongings is the priority and you need a trustworthy mover at your side. Know the top-rated moving companies in Carmel, IN.

What is the weather like in Carmel, IN?

Weather is a major factor that determines whether you should move to a new place. And as you’re serious about relocating to Carmel, it is natural to be curious about the weather. You need to know that Carmel has extreme weather. The summers are long, warm, humid, and wet while winters are freezing, snowy, and windy.

Here are a few Carmel weather facts.

  • The city receives about 42 inches of rain, on average, per year. The US average is 38 inches of rain per year.
  • Carmel averages 23 inches of snow per year. The US average is 28 inches of snow per year.
  • On average, the city gets about 185 sunny days per year against the US average of 205 sunny days.
  • The city receives some kind of precipitation, on average, 125 days per year in the form of rain, snow, sleet, or hail.
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Top reasons to move to Carmel, IN

Hundreds of people are moving every year to Carmel and each one has got their own reason. And Some reasons are.

  • Good schools
  • More job opportunities
  • Safety and small community feeling
  • Proximity to Indianapolis
  • Clean environment
  • Visible marks of affluence and wealth
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Pros & Cons of moving to Carmel

Though we see the best things about Carmel, the city is not just about positive factors.

Just as every US city, Carmel has also got its own share of pros and cons. And it is vital to analyze both before make the final call.

Pros of living in Carmel
  • Thriving economy
  • City suburb with small town charm
  • Affluent lifestyle
  • Good school system
  • Good infrastructure
Cons of living in Carmel
  • Just one large high school
  • Extreme summer and winter
  • Expensive housing
  • Society is not diverse

Best neighborhoods in Carmel

As you move into Carmel, you would need a home and that too in a decent area. When you know the best places just near Carmel, things become easier. To help you, we’ve got a list of the best places near Carmel to live.

Here are the 7 best places around Carmel to find a home.

Rank Neighborhood Population Home Value
1. Westfield 50,630 $393,894
2. Williams Creek 426 $1,082,531
3. Meridian Hills 1,758 $665,732
4. Fishers 101,000 $370,599
5. Zionsville 31,702 $550,510
6. Noblesville 70,926 $289,185
7. Rocky Ripple 645 $173,917

Cost of living in Carmel

The cost you would need to bear at a new place is a vital factor that determines whether you need to move.

Carmel is affordable when you compare it with many other parts of Indianapolis but the housing costs are a bit higher. The average cost of living is $1,936 which is in the top 17% of the most expensive cities in the world. Real estate prices have shot up in the last year by 1.3% and similarly, transportation and grocery prices have also gone up.

Living Expense Carmel Indiana National Average
Overall 114.5 83.7 100
Grocery 101.2 92.9 100
Health 99.5 94.4 100
Housing 150.1 63.8 100
Median home cost $437,800 $186,100 $291,700
Utilities 89.8 97.2 100
Transportation 90.5 85.4 100
Miscellaneous 132.5 102 100

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How is the job market in Carmel, IN?

You’d have noticed people moving to Carmel for a job. Do not be surprised as Camel’s proximity to Indianapolis makes it a good destination to move for a job.

So what are your chances to find a job here? Carmel’s economy is thriving and there are more job opportunities coming up every year. Interestingly, the job market is diverse and companies are looking for people with a wide range of skills and experience.

And we’ve got a few job-related facts in Carmel, which may benefit you.

  • The job growth in Carmel has been positive.
  • The future job growth over the next ten years is predicted to be 43.8%
  • The unemployment rate here is 3.0%
  • Jobs have increased by 2.5% over the past year
  • The average salary in Carmel is $52,207
  • The median household income of a Carmel resident is $107,916 a year
  • The median home cost in Carmel is $437,800

Here is a breakdown table to better understand the Carmel job market

Employment Information Carmel, Indiana United States
The income per Cap $55,976 $31,177
Household Income $109,201 $57,652
Unemployment Rate 3% 6.0%
Recent Job Growth -4.70% -6.18%
Future Job Growth 43.80% 33.51%

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Fastest growing jobs in Carmel, IN

There’s no shortage of jobs in Carmel and knowing the fastest-growing jobs in the city can make things easier while you search for one. When you have a list of the fastest growing jobs in the city, you can analyze whether you are fit enough to pick one among them.

Rank Job Title % Growth Average salary
1 Occupational therapy assistant 143.3% $59,380
2 Biomedical engineer 140.0% $78,710
3 Home health aid 139.5% $22,820
4 Web developer 139.1% $59,080
5 Physical therapist assistant 137.8% $55,950
6 Nurse practitioner 136.7% $99,240
7 Operations analyst 135.2% $69,900
8 Music therapist 132.9% $46,660
9 Physician assistant 131.6% $100,350
10 Physical therapist 131.4% $80,770

Top career options in Carmel Indiana

While you are hunting for a job, the priority would be the pay slip. And knowing the best paying jobs in the city would make things easier. Knowing this, we’ve prepared a list of top career options in Carmel.

Rank Job Title Average Salary Entry Level Salary
1 Radiologists $358,680 $154,550
2 Psychiatrists $333,190 $128,440
3 Physicians, All Other $293,860 $129,390
4 Family Medicine Physicians $279,570 $154,440
5 Ophthalmologists, Except Pediatric $272,030 $128,460
6 General Internal Medicine Physicians $266,200 $163,570
7 Obstetricians and Gynecologists $251,690 $60,050
8 Chief executives $ 245,800 $104,340
9 Nurse anesthetists $184,900 $154,440
10 Physicists $169,800 $107,040

Best companies to work for if you’re moving to Carmel, IN

You may be curious to know the best companies to work in Carmel. Fortunately, there are many employee-friendly companies here and we’ve got a list of the top 10 among them. Go through the best companies which will help you tweak the search list while job hunting.

Here’s our best company list.

  • Zotec Partners
  • RCI
  • Seven Corners
  • Allied Solutions
  • Heartland Food Products Group
  • Assembly Biosciences
  • Wild Birds Unlimited
  • Midcontinent Independent System Operator
  • Washington National Insurance Company

What's the average salary & income in Carmel, IN?

Is Carmel expensive to live in? Though the living cost may be slightly higher, especially the accommodation due to various reasons, your salary will also be higher in Carmel than in most neighboring cities. On average, a Carmel resident may earn $52,207 annually while the average cost of living is $1,936 a month.

Here are a few informative points related to the average salary and income in Carmel

  • Carmel’s average annual pay for average jobs is $52,207 a year
  • Carmel’s average hourly pay for average jobs is $23.32 an hour
  • Carmel’s average weekly pay for average jobs is $933 per week
  • Carmel’s average monthly pay for average jobs is $4,043 per month
  • Carmel’s top earners (90th percentile) make $74,470 annually

Major industries in Carmel, IN

Carmel is home to more than 80 corporate offices falling into different business categories. As you move in, getting a job based on your proficiency and choice may not be a tough task. And here are the major industries in Carmel.

  • Financial services
  • Electronics
  • Manufacturing
  • Health/medical/bio-science

How is the housing market in Carmel, IN?

Though Carmel has many positive sides including the friendly community, safety, and good education option, a big drawback that most people find is the exorbitant property price. Every year, the real estate costs are shooting up by about 1%, making it tough to purchase a home within a decent neighborhood. As per the latest stats, the current average home value is $437,800, much higher than the national average. We’ve got the latest city housing facts for you.

  • Carmel’s median home cost is $437,800.
  • The median age of Carmel real estate is 23 years old.
  • The city’s home appreciation in the last 10 years has been 51.7%.
  • Renters make up 20.5% of the Carmel population.
  • About 2.5% of houses and apartments in Carmel are available to rent.

Average rental prices in Carmel, IN

Carmel is expensive when it comes to accommodation. The property prices are higher in the city and the same goes for home rentals. We’ve researched the average home rental in the city and the details may help you.

  • Carmel’s average rent for a studio apartment is $694
  • Carmel’s average rent for a 1-bedroom home or apartment is $801
  • Carmel’s average rent for a 2-bedroom home or apartment is $962
  • Carmel’s average rent for a 3-bedroom home or apartment is $1,261
  • Carmel’s average rent for a 4-bedroom home or apartment is $1,500

What are taxes like in Carmel, IN

While you may have a handsome pay slip, the take-home amount would be different.

This would be based on how much the authorities deduct as tax. Hence, it is crucial to know the tax details in Carmel

Here are a few tax-related facts in Carmel, IN.

  • 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%
  • The average property tax rate in Carmel is 2.44%

What are the best things to do in Carmel, Indiana?

Entertainment and fun factor play a major role when you pick a new moving destination. And luckily, Carmel is a perfect blend of culture, history, and entertainment.

You’ve got many options to stay engaged on weekends and holidays. We’ve got a list of the 10 best things to do in Carmel.

  • Discover the Arts & Design District
  • Explore the Museum of Miniature Houses
  • Experience the Performing Arts Center
  • Tour the Great American Songbook Foundation
  • Bike the Monon Trail
  • Walk through the Central Park
  • Catch up with a show at Booth Tarkington Theatre
  • Shop at Clay Terrace
  • Sample the best wines at Peace Water Winery
  • Visit Coxhall Gardens

How safe is Carmel, IN?

Carmel is one of the safest places to raise a family in the US. As per the recent crime stats, Carmel is safer than 74% of US cities and your chance of becoming a crime victim is just 1 in 1,956 while it is in 281 in Indiana State. If safety is a factor in determining your new moving destination, Carmel is a great choice.

To help you know the crime stats in Carmel, we’ve got a few facts.

  • The violent crime rate in Carmel is 7.1 while the US average is 22.7.
  • The city’s property crime is 18.0 while the US average is 35.4.
  • Your chance of being a violent crime victim in Carmel is 1 in 1,956.
  • Your chance of being a property crime victim is 1 in 165 in Carmel.
  • About 77% of Carmel's population feels safe in the city.

What are the top schools in Carmel, IN?

When you have a family moving with you to Carmel, it is natural to be curious about the educational institutions in the city.

And at Carmel, you don’t need to worry as there are plenty of good schools and colleges.

To help you, we’ve prepared a list of top educational institutions with their rankings.

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