City profile
Carmel, IN
Upscale Indianapolis suburb known for roundabouts, the Palladium concert hall and safety.
Climate
Climate type
Four seasons
Winter avg
27°F
Summer avg
74°F
Sunny days / yr
186
Home prices & cost of living
Median home price
$520,000
Typical monthly housing
$3,163
Cost of living (100 = U.S.)
108
Taxes
- Property tax
- 0.81%
- State income tax (top)
- 3%
- Social Security
- Not taxed
- Pensions
- Partly exempt
- Sales tax (state + avg. local)
- 7.00%
FEMA natural hazard risk
Relatively Moderate · county score 89/100
Top hazards: Tornado, Hail, Winter weather
Nearest major airport
20 mi to Indianapolis International Airport (IND)
Political lean (2024 county vote)
Leans Republican · 44% Democratic / 54% Republican
Demographics (Census ACS)
Population (2024)
101,651
Growth since 2019
+4.3%
Median age
40.6
Residents 65+
14.5%
Median household income
$141,505
Income growth since 2019
+25.5%
Black household income
$88,714
Home ownership
74.3%
Poverty rate
3.9%
Poverty rate, 65+
3.4%
Race & ethnicity: Black 3.0% · White 75.4% · Hispanic 5.5% · Asian 11.6% · Other 4.5%
Crime (per 100,000 residents, 2025)
Violent crime
52 · 84% below the national average
Property crime
690 · 56% below the national average
Source: FBI Crime Data Explorer, Carmel Police Department. State average: violent 300, property 1,249.
2025–2026 trends
2026 market trends
- ▸Home prices are still rising in 2026 — good for long-term value, less room to negotiate
- ▸Climate/cost risks to check: tornadoes
Highlights
- One of the safest U.S. cities
- The Palladium & Arts District
- Excellent services
Trade-offs
- Higher home prices
- Suburban, car-dependent
Figures are estimates from public sources (see How we match). Verify before making decisions.