Carmel, IN has a population of 86,940 people with a median age of 39.7 and a median household income of $106,546. Between 2015 and 2016 the population of Carmel, IN grew from 85,367 to 86,940, a 1.84% increase and its median household income grew from $106,433 to $106,546, a 0.11% increase.
The population of Carmel, IN is 81.9% White, 9.7% Asian, and 3.27% Hispanic. 13.7% of the people in Carmel, IN speak a non-English language, and 94.2% are U.S. citizens.
The largest universities in Carmel, IN are Ivy Tech Community College, with 20,401 graduates, Indiana University-Purdue University-Indianapolis, with 7,122 graduates, and University of Indianapolis, with 1,385 graduates.
The median property value in Carmel, IN is $306,500, and the homeownership rate is 77.7%. Most people in Carmel, IN commute by Drove Alone, and the average commute time is 22.5 minutes. The average car ownership in Carmel, IN is 2 cars per household.
Carmel, IN is a census place located in Hamilton County, IN. It borders Fishers, IN; Indianapolis city (balance), IN; Westfield, IN; and Zionsville, IN.