Carmel, IN Demographics

The total population of Carmel is estimated to be 99,453 with 47,618 males (47.88%) and 51,835 females (52.12%). There are 4,217 more females than males in Carmel.
The median household income in Carmel was $129,463 in 2021, which marked an a decrease of 972(0.75%) from $130,435 in 2020. This income is 173.53% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
In Carmel, the median income for all workers aged 15 years and older, regardless of work hours, was $85,402 for males and $42,003 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $123,869 for males and $72,379 for females.
In Carmel, there are just three different racial groups among households. Among these, Asian households report a median household income of $173,260, followed by Two or More Races households at $155,820, and White households with a median household income of $127,918.
In 2022, the population of Carmel was 101,964, a 1.00% increase year-by-year from 2021. Previously, in 2021, Carmel's population was 100,959, an increase of 1.06% compared to a population of 99,898 in 2020.
The median age in Carmel, IN is 40.3, as per 2021 ACS 5-Year Estimates. Of the total population, 20.46% were under the age of 15, 16.34% aged 15 to 29, 49.09% aged 30 to 64, 12.29% aged 65 to 84, and 1.81% were 85 years of age and older.
Racial distribution of Carmel population: 80.53% are White, 2.84% are Black or African American, 0.22% are American Indian and Alaska Native, 11.13% are Asian, 0.07% are Native Hawaiian and other Pacific Islander, 0.89% are some other race and 4.32% are multiracial.