Carmel, Indiana’s 8 th largest city, lies immediately north of Indianapolis in Hamilton County. An ever-growing suburb, Carmel maintains its identity as a city in its own right, despite being minutes from a major metropolitan area. CNN Money Magazine named Carmel the winner of its annual Best Places to Live list, attributing its number-one standing to Carmel schools, arts and entertainment options, and economic vitality.
Carmel’s Arts & Design District flourishes in the heart of downtown Carmel. Home to unique specialty shops, restaurants, art galleries, and interior design studios, the Arts & Design District attracts both Carmel residents and weekend visitors. The Monon Trail, a 16-mile bike and pedestrian path that cuts through Carmel, provides easy access to all the Carmel Arts & Design District has to offer for those who choose to walk or bike from other areas of the city.
Nearby, Carmel’s City Center has become another hub of activity. Home to the Palladium, Carmel’s Center for the Performing Arts, City Center draws big-name entertainers to Carmel residents, providing a world class alternative to downtown Indianapolis’ concert venues. City Center also offers a variety of restaurants and residences and is accessible from the Monon.
Carmel’s expansive public parks system offers outdoor destinations in every part of the city. Central Park is a 161-acre indoor-outdoor facility that is free to the public. With a 10,000 square-foot skatepark, fitness studios, indoor and outdoor aquatic centers and running tracks, all accessible from the Monon, Central Park is the city’s premier destination for recreation.
Carmel is an economic leader in the state of Indiana. It boasts the state’s second-largest concentration of office workers and an unemployment rate nearly half the national average. Almost 30 percent of Carmel’s property tax money is generated by its businesses, resulting in one of the lowest residential tax rates in the state. Named one of the “ Best Cities to Relocate to in America” by CNBC.com, Carmel is home to native Hoosiers and Indiana newcomers alike, and leads the state in population growth. Carmel real estate options are many and varied, providing options for every budget and family. Resale value is solid in this city outside The City.
Community
Carmel, Indiana is considered the best place to live in the state and is a rapidly growing community with homeownership rates high above the national average. Residents in Carmel tend to be highly educated with the median income of Carmel also above the national average. Carmel offers residents gorgeous, established neighborhoods with beautiful homes while still remaining affordable. You will also find high-paying jobs and fantastic schools in the area.
Demographics - 2022
- Population: 99,757
- Median Age: 40
- Median Household Income: $130,332
- Homeownership Rate: 73.1%
Housing Stats - June 2024
- Number of Homes Sold: 158
- Median Days on Market: 7
- Median Sales Price: $538,500
- Homes Sold Above List Price: 32.3%
What You’ll Find in Carmel
Restaurants
- Sauce on the Side, Italian eatery specializing in handmade calzones
- Divvy, eclectic shared plates with an extensive beer menu and wine list
- Mimi Blue, American food with a focus on a variety of meatballs
- Bub’s Burgers, a local favorite burger joint
Shopping
- Clay Terrace, Outdoor shopping with dog park and kids’ play area
- Carmel Old Town Antique Mall, an antique mall known for its wide variety and friendly staff
- Ollie’s Bargain Outlet, a discount chain carrying a variety of items from clothes and toys to food
- Shops at City Center, vibrant marketplace with locally owned stores, restaurants, and entertainment
Commute Times
- 10 mins to Keystone Mall
- 30 mins to Monument Circle
- 30 mins to Indianapolis International Airport
- 30 mins to Lucas Oil Stadium
Nearby Neighborhoods
- Fishers
- Westfield
- Zionsville
- Noblesville
Carmel Schools
Carmel-Clay public schools are known across the country for their high academic performances, sports teams, and extracurricular achievements. In the 2011-2012 school year alone, Carmel High School claimed state championships in swimming, soccer, basketball, football, tennis, color guard, and symphony orchestra. All of Carmel’s 15 schools also received an “A” or “Exemplary Progress” rating from the state of Indiana in 2011-2012. Carmel is also home to a variety of private and parochial schools.
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