Carmel, IN Census Data
Key demographic and economic indicators for Carmel, Indiana from the 2023 American Community Survey (ACS) 5-year estimates.
Updated: 2026-03-23 · Source: U.S. Census Bureau, ACS 2023
Population
100,501
48.1% male · 51.9% female
Median Age
40.5
1.8 above the national average (38.7 yrs)
Median Household Income
$134,602
56,064.0 above the national average ($78,538)
Bachelor's Degree or Higher
74.5%
39.5 above the national average (35.0%)
HS diploma or higher: 97.9%
Poverty Rate
3.7%
8.7 below the national average (12.4%)
Uninsured: 3.3%
Broadband Access
98.3%
8.6 above the national average (89.7%)
Median Home Value
$455,500
Median rent: $1,607 · 75% owner-occupied
Unemployment Rate
2.7%
Labor force participation: 67.7%
Demographics
Race & Ethnicity
Age Distribution
Commute to Work
Carmel, IN Frequently Asked Questions
What is the population of Carmel, IN?
The population of Carmel, IN is 100,501 according to the 2023 American Community Survey 5-year estimates. The median age is 40.5 years.
What is the median household income in Carmel?
The median household income in Carmel, IN is $134,602, above the national average of $78,538. Per capita income is $70,876.
What is the poverty rate in Carmel?
The poverty rate in Carmel, IN is 3.7%, compared to the national average of 12.4%. About 3.3% of residents lack health insurance.
What percentage of Carmel residents have a college degree?
74.5% of adults (25+) in Carmel hold a bachelor's degree or higher, and 97.9% have at least a high school diploma. The national average for bachelor's degree holders is 35.0%.
What is the median home value in Carmel?
The median home value in Carmel, IN is $455,500. Median rent is $1,607 per month, with 75% of housing units owner-occupied.
What is the racial makeup of Carmel?
Carmel's population is 77.5% White, 3.7% Black, 5.0% Hispanic or Latino, and 11.6% Asian (source: 2023 ACS).