Carmel Science and Technology Park, Carmel, IN demographics:
population, income, and more

Total population
1,149
0.6% year-over-year change
Median household income
$132,085/yr
7.0% year-over-year change
Housing units
495
0.4% year-over-year change

Carmel Science and Technology Park population

How many people live in Carmel Science and Technology Park

Carmel Science and Technology Park is home to 1,149 residents, according to the most recent Census data. Gender-wise, 48.4% of Carmel Science and Technology Park locals are male, and 51.6% are female.

Total population
1,149
0.6% year-over-year change
Gender ratio
Male
48.4%
556
Female
51.6%
593
Value Percent YoY change
Male 556 48.4% 3.1%
Female 593 51.6% -1.7%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Carmel Science and Technology Park is 40, with the population distributed as follows: about 18.6% are children under 15, then 13.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.2% of the population, while another 28.1% fall into the 45 to 64 bracket. Finally, around 14.6% are 65 or older.

Median age
39.9
Age breakdown
Under 15
18.6%
15 to 24
13.4%
25 to 44
25.2%
45 to 64
28.1%
Over 65
14.6%
Value Percent YoY change
Under 15 214 18.6% -4.5%
15 to 24 154 13.4% 0.0%
25 to 44 290 25.2% 2.8%
45 to 64 323 28.1% 2.2%
Over 65 168 14.6% 1.2%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Carmel Science and Technology Park, 85% of the population are US-born citizens, while 8.6% have gained naturalized citizenship. At the same time, 6.4% of residents are non-citizens. As for race, 78.1% of locals are Caucasian, 3.7% are African American and 10.4% have Asian roots. There’s also a share of 6.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
85%
Non-U.S.-born citizens
8.6%
Non-citizens
6.4%
Value Percent YoY change
U.S.-born citizens 977 85% -0.6%
Non-U.S.-born citizens 99 8.6% -1.0%
Non-citizens 74 6.4% 25.4%
Racial breakdown
White
78.1%
Black or African American
3.7%
American Indian and Alaska Native
0.3%
Asian
10.4%
Native Hawaiian and other Pacific Islander
0%
Two or more races
6.3%
Other
1.3%
Value Percent
White 897 78.1%
Black or African American 42 3.7%
American Indian and Alaska Native 3 0.3%
Asian 120 10.4%
Two or more races 72 6.3%
Other 15 1.3%

Households in Carmel Science and Technology Park

A peek inside Carmel Science and Technology Park households

Carmel Science and Technology Park has 459 households, with an average of 2 members in each. Of these, 67.3% are families, while the remaining 32.7% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
459
0.2% year-over-year change
Average people per household
2
Non-family households
150
Family households
309
Value Percent YoY change
Non-family households 150 32.7% -0.7%
Family households 309 67.3% 1.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Carmel Science and Technology Park

The housing landscape of Carmel Science and Technology Park

Carmel Science and Technology Park's housing consists of 495 units, with 59.2% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 5.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.4% of the housing landscape.

Housing units
495
0.4% year-over-year change
Housing types
Value Percent
1 unit, detached 293 59.2%
1 unit, attached 27 5.4%
2 units 1 0.2%
3 or 4 units 20 4%
5 to 9 units 40 8.1%
10 to 19 units 35 7.1%
20 to 49 units 23 4.6%
50 or more units 54 10.9%
Mobile home 2 0.4%
Homes built since 2020
21
75.0% year-over-year change

The age of buildings in Carmel Science and Technology Park

In Carmel Science and Technology Park, the median construction year is 1999. About 1% of homes were built before the 1940s, with another 0.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 22.6% of homes were added from 2000 to 2009, 20.6% between 2010 and 2019, and 4.2% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 5 1% 25.0%
Built between 1940 and 1949 1 0.2% 0.0%
Built between 1950 and 1959 9 1.8% -10.0%
Built between 1960 and 1969 23 4.6% -17.9%
Built between 1970 and 1979 47 9.5% 4.4%
Built between 1980 and 1989 59 11.9% 0.0%
Built between 1990 and 1999 117 23.6% -4.1%
Built between 2000 and 2009 112 22.6% 0.0%
Built between 2010 and 2019 102 20.6% 3.0%
Built in 2020 or later 21 4.2% 75.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Carmel Science and Technology Park occupancy rates

Out of the 459 occupied housing units in Carmel Science and Technology Park, 66.4% are owner-occupied, while 33.6% are lived in by tenants. Meanwhile, 7.3% of all homes on the local market sit vacant.

Occupied housing units
459
0.2% year-over-year change
Occupancy breakdown
Renter occupied
154
Owner occupied
305
Value Percent YoY
change
Renter occupied 154 33.6% 2.0%
Owner occupied 305 66.4% -0.7%
Unoccupied housing units
7.3%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Carmel Science and Technology Park housing costs

Housing costs in Carmel Science and Technology Park come to a median of $1,803 per month, while tenants specifically pay a median gross rent of $1,642.

Median housing costs per month
$1,803/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Carmel Science and Technology Park
$1,642/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Carmel Science and Technology Park

Carmel Science and Technology Park education at a glance

About 11.2% of the population in Carmel Science and Technology Park went to high school, while 12.4% pursued college studies. Another 4.6% earned an associate degree and 41.6% hold a bachelor’s. Meanwhile, 29.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 10 1.1% 0.0%
High school diploma 98 11.2% -2.0%
College diploma 109 12.4% 4.8%
Associate degree 40 4.6% 14.3%
Bachelor's degree 365 41.6% 3.1%
Graduate degree 256 29.2% 0.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Carmel Science and Technology Park

How much people earn in Carmel Science and Technology Park

The average annual household income in Carmel Science and Technology Park was $195,334 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +3.1% change from the previous year. At the same time, the median income stood at $132,085, reflecting a +7% shift over the same period.

Average household income in Carmel Science and Technology Park
$195,334/year
3.1% year-over-year change
Median household income in Carmel Science and Technology Park
$132,085/year
7.0% year-over-year change

Carmel Science and Technology Park income by age

In Carmel Science and Technology Park, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $123,642. Those with someone between 45 and 64 in charge, often well established professionally, earn $192,159 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $57,169, while those led by someone over 65, many of whom may be retired, have about $83,496 in earnings. Overall, 95.1% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $57,169 1.4%
25 - 44 $123,642 2.8%
45 - 64 $192,159 1.4%
Over 65 $83,496 28.8%
Above poverty level
1,074
Below poverty level
55
Value Percent YoY
change
Above poverty level 1,074 95.1% 0.4%
Below poverty level 55 4.9% 7.8%

Employment in Carmel Science and Technology Park

Workforce and job types in Carmel Science and Technology Park

93.1% of the working population are employed in professional or administrative positions, while 6.9% are in hands-on or service-based jobs. Also, 12.1% run their own businesses, 69% are employed by private companies, and 7.9% work in the public sector.

Workforce demographics

White collar
568
Blue collar
42
Value Percent YoY change
White collar 568 93.1% 0.0%
Blue collar 42 6.9% -6.7%
Employer type
Self employees
12.1%
Private companies
69%
Governmental workers
7.9%
Not for profit companies
11%
Value Percent YoY change
Self employees 74 12.1% 10.4%
Private companies 421 69% 0.0%
Governmental workers 48 7.9% 2.1%
Not for profit companies 67 11% -15.2%

Transportation in Carmel Science and Technology Park

How people get around in Carmel Science and Technology Park

Commuting methods vary: 97.9% of residents travel by personal vehicle and 1.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 427 97.9% -3.4%
Taxicab 1 0.2% N/A
Bicycle 2 0.5% 0.0%
Walk 6 1.4% -33.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

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FAQs about Carmel Science and Technology Park demographics 

What is the total population of Carmel Science and Technology Park?

Carmel Science and Technology Park has a total population of 1,149 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.6% compared to a year ago.

What is the gender ratio in Carmel Science and Technology Park?

The gender ratio in Carmel Science and Technology Park is as follows:
  • 48.4% males (556 residents)
  • 51.6% females (593 residents)

What is the median age in Carmel Science and Technology Park?

The median age in Carmel Science and Technology Park is 39.9.

What is the age distribution of the population in Carmel Science and Technology Park?

The age distribution in Carmel Science and Technology Park is as follows:
  • Under 15: 18.6% (214 residents)
  • Ages 15-24: 13.4% (154 residents)
  • Ages 25-44: 25.2% (290 residents)
  • Ages 45-64: 28.1% (323 residents)
  • Over 65: 14.6% (168 residents)

What is the racial and ethnic makeup of Carmel Science and Technology Park?

The racial and ethnic makeup of Carmel Science and Technology Park is as follows:
  • White: 78.1% (897 residents)
  • Black or African American: 3.7% (42 residents)
  • American Indian and Alaska Native: 0.3% (3 residents)
  • Asian: 10.4% (120 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 6.3% (72 residents)
  • Other: 1.3% (15 residents)

What percentage of the population in Carmel Science and Technology Park are U.S.-born citizens?

U.S.-born citizens represent 85% of the population in Carmel Science and Technology Park.

How many housing units are there in Carmel Science and Technology Park?

There are 495 housing units in Carmel Science and Technology Park, reflecting a +0.4% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Carmel Science and Technology Park and what is the average household size?

Carmel Science and Technology Park has a total of 459 households, with an average of 2 people in each.

What is the median household income in Carmel Science and Technology Park?

Carmel Science and Technology Park has a median household income of $132,085, representing a +7.0% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Carmel Science and Technology Park?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 93.1% (568 residents)
  • Blue-collar workers: 6.9% (42 residents)

Places of employment:
  • Self-employed: 12.1% (74 residents)
  • Private companies: 69% (421 residents)
  • Governmental workers: 7.9% (48 residents)
  • Not-for-profit companies: 11% (67 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025