Carmel is a larger medium-sized city located in the state of Indiana. With a population of 101,964 people and 19 associated neighborhoods, Carmel is the fifth largest community in Indiana. Carmel home prices are not only among the most expensive in Indiana, but Carmel real estate also consistently ranks among the most expensive in America.Carmel is a decidedly white-collar city, with fully 92.81% of the workforce employed in white-collar jobs, well above the national average. Overall, Carmel is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Carmel who work in management occupations (17.33%), healthcare (10.54%), and business and financial occupations (10.21%). Also of interest is that Carmel has more people living here who work in computers and math than 95% of the places in the US. One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.32% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Because of many things, Carmel is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Carmel really has some of the features that families look for when choosing a good community to raise children. Is Carmel perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live. The city of Carmel is a decent size, but despite this, it doesn't have a viable public transit system that people can use to get to work.If knowledge is power, Carmel is a pretty powerful place. 73.67% of the adults in Carmel have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Carmel in 2022 was $70,093, which is wealthy relative to Indiana and the nation. This equates to an annual income of $280,372 for a family of four. Carmel is a very ethnically-diverse city. The people who call Carmel home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Carmel residents report their race to be White, followed by Asian. Important ancestries of people in Carmel include German, English, Irish, Italian, and Polish. The most common language spoken in Carmel is English. Other important languages spoken here include Chinese and Spanish.
