Carmel, Indiana, is fast becoming one of the best places to live in Indiana and one of the best places to live in the U.S. This suburban town North of Indianapolis has a lot going on. It's been ranked by publications like Kiplinger's Personal Finance magazine and Money magazine as one of the top 20 small cities to live in the U.S.
Given that, you might be wondering, what’s all the fuss about? Continue reading or contact our team of Carmel real estate specialists to discuss your questions and needs.
The Top 5 Reasons to Live in Carmel, Indiana
Carmel, Indiana, offers all of the amenities of a big city like Indianapolis or Cincinnati while still maintaining a chic-suburban appeal and calling some of the best schools in the country home. With a population density of about 2,289 people per square mile, spread out over 20 square miles, Carmel has the benefit of everything you’d expect of a bigger city, without actually feeling like it. Let's take a closer look at what makes Carmel so special.
1. Carmel Offers a Great Quality of Life
Carmel, Indiana, is known for its high quality of life. Carmel is one of the top places to raise a family in Indiana. The general cost of living in Carmel is slightly lower than other Midwestern cities, and residents here generally enjoy a good quality of life compared to other places throughout Indiana and the Midwest. Carmel, Indiana, is also teeming with serious economic opportunities. It hosts many large corporations like Deloitte, Eli Lilly, and Rolls Royce. What's impressive about this decent-sized suburb with a small-town feel is its outstanding infrastructure, excellent schools, and all-around idyllic neighborhoods. Carmel is a clean, friendly community. For these reasons and more, Carmel is one of the best Indianapolis suburbs to call home.
2. Carmel's Safety is Unmatched
The crime rate in Carmel is exceptionally low. The town has been ranked the safest mid-sized city in the U.S. by AdvisorSmith, due to its low incidents of violent and property crimes per 1,000 people. In fact, many city dwellers visiting Carmel have found themselves attracted to the feeling of security in Carmel and ended up moving to Carmel.
3. Carmel Has a Low Tax Burden
Carmel is a great place to live in Indiana, especially if you're looking for low tax rates. The average tax rate on income is only 3%, which is the 5th lowest in the country for cities with a population of over 100,000. The low tax rate in Carmel is a big factor for many urbanites looking to save some bucks and a reason they chose to call Carmel home.
4. Carmel Has a Booming Real Estate Scene
Carmel is one of the best places to own a home in Indiana, being an upscale neighborhood with fantastic infrastructure and pristine surroundings. Homes for sale in Carmel are on the pricier side; however, the best thing about owning a home in this highly-rated city is that it’s likely your property will maintain its value, regardless of what happens in the real estate market elsewhere. You're more likely to make a decent profit when it's time to sell your Carmel, Indiana home.
5. Carmel Has Great Weather
Carmel, Indiana really does offer the best of both worlds and when it comes to weather, the same holds true. Carmel has four distinct seasons, so anyone who loves cozying up with a cup of hot apple cider in the fall won’t be disappointed living in Carmel. That said, Carmel’s seasons are more temperate than in other cities across the U.S. making it appealing to those looking to experience the changing seasons without the frigid temps for which other midwestern cities, like Minneapolis, are known. Carmel locals love their winter, as they do all four seasons, and there are a lot of fun things to do in Carmel, Indiana year round.
Carmel, Indiana, is a fantastic place to live and one of the best suburbs in Indianapolis. The city boasts a spectacular upscale affluence mixed with a small town vibe rare within other Indiana cities. If you're looking to buy or sell a home in Carmel, our team of seasoned Carmel real estate professionals at CENTURY 21 Scheetz can help. Give us a call at 317-844-5111 or request more information today.