Carmel is a city located in Hamilton County, Indiana. Carmel has a 2026 population of 105,455. Carmel is currently growing at a rate of 0.88% annually and its population has increased by 5.55% since the most recent census, which recorded a population of 99,907 in 2020.
The median household income in Carmel is $141,505 with a poverty rate of 3.93%. The median age in Carmel is 40.6 years: 39.8 years for males, and 41.2 years for females. For every 100 females there are 95.9 males.
Data after 2023 is projected based on recent change
Overall: 40.6 years
Female: 41.2 years
Male: 39.8 years
There are 76,751 adults, (14,993 of whom are seniors) in Carmel.
Female: 51,894 (51.1%)
Male: 49,757 (48.9%)
The racial composition of Carmel includes 76.49% White, 11.66% Asian, 3.13% Black or African American, and smaller percentages for other race, Native American, Native Hawaiian or Pacific Islander and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 77,752 | 76.49% |
| Asian | 11,849 | 11.66% |
| Two or more races | 7,049 | 6.93% |
| Black or African American | 3,177 | 3.13% |
| Other race | 1,639 | 1.61% |
| Native American | 175 | 0.17% |
| Native Hawaiian or Pacific Islander | 10 | 0.01% |
Carmel 's average per capita income is $86,296. Household income levels show a median of $141,505. The poverty rate stands at 3.93%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $198,159 | - |
| Families | $180,989 | $228,798 |
| Households | $141,505 | $191,688 |
| Non Families | $70,531 | $90,969 |
Average Income
Median Household Income
Poverty Rate