Located in the state of Indiana, Carmel is a mid-sized city with a population of 86,940 people. According to the most recent Census, 85% of Carmel residents are White, 10% Asian and 3% Black. If you are looking for a family friendly city, Carmel might be a good fit as 87% of the population over 15 years old are married, and 51% have kids who are 18 years old or younger.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Carmel, Indiana could be a positive experience for anyone who puts in the effort to do the research required. To help you find the best places to live in and around Carmel, AreaVibes has created a livability score using key metrics like crime, cost of living, education, employment and more.
Carmel has a livability score of 86/100 and is ranked #3 in Indiana and #216 in the USA. Compared to the US average, Carmel ranks among some of the best places to live in the country! Carmel also ranks in the top 10 percent of all cities, which is no small feat! Based on the grades for each individual category, Carmel has received high marks for amenities (A+), crime (A+), education (A+) and employment (A). The bad news for Carmel, there are some categories for which it does not score well, this includes: cost of living (F) and weather (D).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Carmel, there is no shortage of amazing local amenities and interesting things to do. Here are some of the more popular things to do in Carmel: Monon Trail, Monon Waterpark, and The Center for the Performing Arts.
Crime rates can be the deciding factor for anyone looking to relocate to a new area. Carmel gets top scores for their low violent crime rates of 18 crimes per 100,000 residents, which are significantly lower than the national average.
School test scores can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Carmel have a test score average of 87%, which is well above the US average.
Carmel real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Carmel. The median home price for Carmel homes is $306,500, which is 142.3% higher than the Indiana average. If we take a closer look at the affordability of homes in Carmel, we’ll see that the home price to income ratio is 2.9, which is 16% higher than the Indiana average. Real estate appreciation rates in Carmel are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Carmel homes comes in at 7.1%, and the 5 year appreciation rates were 4.7%.
|Average one way commute||24min||23min||26min|
|Workers who drive to work||83.0%||83.0%||76.4%|
|Workers who carpool||7.7%||8.9%||9.3%|
|Workers who take public transit||0.2%||1.1%||5.1%|
|Workers who bicycle||0.2%||0.5%||0.6%|
|Workers who walk||0.8%||2.1%||2.8%|
|Working from home||7.7%||3.5%||4.6%|