Carmel Demographics

Population - Employment - Households - Income / Financial - Housing - Education - Marital Status - Means of Transport to Work - Median Income by Zipcode

What is the population of Carmel?

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There are 98,137 residents in Carmel, with a median age of 40.3. Of this, 48.09% are males and 51.91% are females. US-born citizens make up 85.84% of the resident pool in Carmel, while non-US-born citizens account for 8.82%. Additionally, 5.34% of the population is represented by non-citizens.
A total of 84,519 people in Carmel currently live in the same house as they did last year.
Y-o-Y Change
Total Population 98,137 -1.0%
Male Population 47,195 -1.5%
Female Population 50,942 -0.6%
Male population 48.09%
Female population 51.91%
Y-o-Y Change
Median Age 40.3 0.8%
Citizen US Born 84,240 -1.4%
Citizen not US Born 8,659 5.4%
Not Citizen 5,238 -5.0%
Citizen US Born 85.84%
Citizen not US Born 8.82%
Not Citizen 5.34%
Y-o-Y Change
Moved from Abroad 672 -48.7%
Moved from Same County 5,027 2.8%
Moved from Same State 4,808 -4.9%
Moved from Different State 2,185 -1.5%
Same House as Last Year 84,519 -0.5%
Moved from Abroad 0.69%
Moved from Same County 5.17%
Moved from Same State 4.95%
Moved from Different State 2.25%
Same House as Last Year 86.94%

What are the employment statistics in Carmel?

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White-collar workers make up 93.41% of the working population in Carmel, while blue-collar employees account for 6.59%. There are also 5,921 entrepreneurs in Carmel (11.22% of the workforce); 35,887 workers employed in private companies (68%); and 4,454 people working in governmental institutions (8.44%).
Y-o-Y Change
White Collar 49,297 0.5%
Blue Collar 3,478 -6.8%
White Collar 93.41%
Blue Collar 6.59%
Y-o-Y Change
Self Employees 5,921 -2.0%
Private Companies 35,887 -1.5%
Governmental Workers 4,454 8.3%
Not for Profit Companies 6,513 5.1%
Self Employees 11.22%
Private Companies 68%
Governmental Workers 8.44%
Not for Profit Companies 12.34%

How many households are there in Carmel?

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There are a total of 37,229 households in Carmel, each made up of around 3 members. Family establishments represent 73.9% of these Carmel households, while non-family units account for the remaining 26.1%. Additionally, 36.8% of households have children and 63.2% of households are without children.
Y-o-Y Change
Total Households 37,229 -0.4%
Average People Per Household 3 -0.8%
Family Households 27,514 -1.0%
Non-family Households 9,715 1.4%
Family Households 73.9%
Non-family Households 26.1%
Y-o-Y Change
Households with Children 13,701 -3.4%
Households without Children 23,528 1.5%
Households with Children 36.8%
Households without Children 63.2%

What are the median and average incomes in Carmel?

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The average annual household income in Carmel is $167,227, while the median household income sits at $119,772 per year. Residents aged 25 to 44 earn $120,183, while those between 45 and 64 years old have a median wage of $164,275. In contrast, people younger than 25 and those older than 65 earn less, at $59,694 and $71,018, respectively.
Y-o-Y Change
Average Household Income $167,227 5.8%
Median Household Income $119,772 4.1%
People below Poverty Level 2,930 -4.2%
People above Poverty Level 93,756 -1.1%

How many homeowners and renters are there in Carmel?

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There are 39,534 housing units in Carmel, and the median year in which these properties were built is 1996. Of the 37,229 occupied housing units in Carmel, 75.27% are owner-occupied, while 24.73% have renters living in them.
Meanwhile, properties bought with mortgages account for 70.3% of the units, and the median value of a home with a mortgage is $382,100. In general, housing costs reach $1,504 per month in Carmel.
Y-o-Y Change
Housing Units 39,534 -0.3%
Median Year Built 1996 0.1%
Built in 1939 or Earlier 396 -8.1%
Built between 1940 and 1949 438 -21.1%
Built between 1950 and 1959 1,320 -19.5%
Built between 1960 and 1969 2,510 -13.4%
Built between 1970 and 1979 5,168 2.9%
Built between 1980 and 1989 4,908 -4.8%
Built between 1990 and 1999 9,070 -4.4%
Built between 2000 and 2009 8,340 3.9%
Built between 2010 and 2019 7,187 N/A
Built in 2020 or Later 197 N/A
Y-o-Y Change
Occupied Housing Units 37,229 -0.4%
Owner Occupied 28,023 -1.0%
Renter Occupied 9,206 1.5%
Owner Occupied 75.27%
Renter Occupied 24.73%
Y-o-Y Change
With Mortgage 19,700 -2.6%
Without Mortgage 8,323 3.1%
Median Value with Mortgage $382,100 5.1%
Median Value without Mortgage $347,400 8.0%
Median Housing Costs per Month $1,504 3.1%
With Mortgage 70.3%
Without Mortgage 29.7%

What is the level of education in Carmel?

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Approximately 12.69% of the population in Carmel holds a high school degree (that's 9,287 residents), while 12.21% have attained a college certificate (10,980 locals) and 40.16% have a bachelor's degree (29,401 people).
Y-o-Y Change
No High School 385 31.4%
Some High School 9,287 -6.1%
Some College 10,980 -5.1%
Associate Degree 3,514 3.3%
Bachelor's Degree 29,401 0.5%
Graduate Degree 21,681 4.4%
No High School 0.53%
Some High School 12.69%
Some College 12.21%
Associate Degree 4.8%
Bachelor's Degree 40.16%
Graduate Degree 29.61%

What is the marital status of Carmel residents?

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A total of 18,821 people in Carmel have never been married (which represents 24.11% of the total population), while 50,542 of them are wedded (64.75%). Separated and divorced residents are in smaller numbers, at 501 (0.64%) and 6,035 (7.73%), respectively.
Y-o-Y Change
Never Married 18,821 -0.8%
Married 50,542 0.0%
Separated 501 -10.1%
Widowed 2,657 -5.9%
Divorced 6,035 -4.4%
Never Married 24.11%
Married 64.75%
Separated 0.64%
Widowed 3.4%
Divorced 7.73%

What are the most common means of transportation in Carmel?

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The top three means of transportation people in Carmel use to get to work are: car, walking and bicycle. A total of 40,865 residents commute by car, 862 prefer going to work by walking and 97 by bicycle.
Y-o-Y Change
Car 40,865 -6.2%
Bus or TrolleyBus 15 87.5%
Bicycle 97 -17.8%
Motorcycle 79 21.5%
Walk 862 -0.1%

What is the median and average household income in Carmel by zipcode?

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ZipCode Population Number of Households Median Income Average Income
46032 50,309 19,911 $108,368.00 $168,002.00
46033 40,003 14,444 $140,945.00 $182,334.00

Methodology & Disclaimers


Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2020 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

Zip codes included in this demographic data: 46032 46033

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