Carmel is a city in Indiana state in USA with a population of 99130 residents.. The poverty rate of Carmel is 3.1%, which is 78% lower than national average. The typical household in Carmel earns $115109 a year, compared to the national median of $67,500. Nearly 17.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Carmel, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Carmel remained 2.7%, which is 43% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Carmel, only 72% of adults have a bachelor's degree and 17% have some college but no degree.

Cost of living in Carmel is 114, which is 14% higher than national average. Median home value in Carmel is $352400 , which is 53% higher than national average. While median income in Carmel remained $115109, which is 71% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.