The median household income in Carmel, IN in 2022 was $130,332, which was 48.8% greater than the median annual income of $66,785 across the entire state of Indiana. Compared to the median income of $81,583 in 2000 this represents an increase of 37.4%. The per capita income in 2022 was $68,123, which means an increase of 42.9% compared to 2000 when it was $38,906.
Whole page based on the data from 2000 / 2022 when the population of Carmel, Indiana was 37,733 / 101,286
Income statistics for all residents
Median household income in Carmel, IN in 2022:
Carmel:
$130,332
State:
$66,785
Change in median household income between 2000 and 2022:
Carmel, Indiana:
+59.8%
State:
+60.7%
Number of households with income < $10k:
Carmel:
4.0% (1,533)
State:
5.6% (151,905)
Number of households with income $10k - 20k:
Carmel:
2.5% (978)
Indiana:
7.1% (193,665)
Number of households with income $20k - 30k:
Carmel:
2.7% (1,034)
Indiana:
7.8% (213,166)
Number of households with income $30k - 40k:
Carmel:
3.3% (1,291)
State:
8.5% (231,051)
Number of households with income $40k - 50k:
Carmel:
5.6% (2,174)
State:
8.4% (227,994)
Number of households with income $50k - 60k:
Carmel:
6.5% (2,516)
State:
7.7% (210,699)
Number of households with income $60k - 75k:
Carmel:
6.4% (2,455)
State:
10.3% (279,665)
Number of households with income $75k - 100k:
Carmel:
10.9% (4,212)
State:
14.1% (383,225)
Number of households with income $100k - 125k:
Carmel:
6.1% (2,341)
State:
10.3% (279,559)
Number of households with income $125k - 150k:
Carmel:
8.1% (3,123)
State:
6.3% (172,553)
Number of households with income $150k - 200k:
Carmel:
14.7% (5,668)
State:
7.3% (198,086)
Number of households with income > $200k:
Carmel:
29.1% (11,232)
Indiana:
6.8% (184,921)
Aggregate household income in Carmel in 2022: $6,802,584,600
Median family income in Carmel in 2022:
Carmel:
$158,614
State:
$84,508
Number of families with income < $10k:
Carmel:
2.2% (612)
State:
3.5% (60,982)
Number of families with income $10k - 20k:
Carmel:
2.2% (615)
Indiana:
3.8% (66,551)
Number of families with income $20k - 30k:
Carmel:
1.2% (320)
State:
4.7% (82,197)
Number of families with income $30k - 40k:
Carmel:
1.3% (366)
Indiana:
6.2% (108,519)
Number of families with income $40k - 50k:
Carmel:
2.1% (590)
State:
7.3% (126,404)
Number of families with income $50k - 60k:
Carmel:
4.6% (1,265)
Indiana:
7.4% (128,779)
Number of families with income $60k - 75k:
Carmel:
5.6% (1,545)
Indiana:
10.7% (185,712)
Number of families with income $75k - 100k:
Carmel:
11.4% (3,158)
State:
16.1% (280,434)
Number of families with income $100k - 125k:
Carmel:
5.6% (1,566)
State:
12.7% (221,659)
Number of families with income $125k - 150k:
Carmel:
9.8% (2,704)
State:
8.2% (142,241)
Number of families with income $150k - 200k:
Carmel:
16.5% (4,564)
State:
9.9% (171,875)
Number of families with income > $200k:
Carmel:
37.6% (10,413)
State:
9.5% (164,753)
Median non-family income in Carmel in 2022:
Carmel:
$54,483
State:
$39,768
Change in median non-family income between 2000 and 2022:
Carmel, Indiana:
+46.7%
Indiana:
+67.9%
Median per capita income in Carmel in 2022:
Carmel:
$68,123
State:
$35,984
Change in median per capita income between 2000 and 2022:
Carmel, Indiana:
+75.1%
State:
+76.4%
Income statistics for White residents
Median household income in Carmel, IN in 2022:
Carmel:
$127,918
State:
$70,619
Change in median household income between 2000 and 2022:
Carmel, Indiana:
+56.9%
State:
+65.2%
Number of households with income < $10k:
Carmel:
3.8% (1,206)
State:
4.5% (100,447)
Number of households with income $10k - 20k:
Carmel:
2.9% (921)
State:
6.5% (144,216)
Number of households with income $20k - 30k:
Carmel:
2.7% (847)
Indiana:
7.5% (166,045)
Number of households with income $30k - 40k:
Carmel:
3.7% (1,174)
State:
8.1% (179,206)
Number of households with income $40k - 50k:
Carmel:
5.5% (1,730)
State:
8.1% (178,985)
Number of households with income $50k - 60k:
Carmel:
6.3% (1,978)
Indiana:
7.8% (171,865)
Number of households with income $60k - 75k:
Carmel:
5.8% (1,828)
Indiana:
10.5% (231,572)
Number of households with income $75k - 100k:
Carmel:
11.9% (3,744)
Indiana:
14.6% (323,007)
Number of households with income $100k - 125k:
Carmel:
6.1% (1,911)
Indiana:
10.6% (235,112)
Number of households with income $125k - 150k:
Carmel:
8.3% (2,599)
State:
6.7% (148,936)
Number of households with income $150k - 200k:
Carmel:
13.5% (4,252)
State:
7.7% (170,750)
Number of households with income > $200k:
Carmel:
29.3% (9,199)
State:
7.3% (160,805)
Aggregate household income in Carmel in 2022: $5,394,086,600
Median family income in Carmel in 2022:
Carmel:
$162,399
State:
$88,109
Number of families with income < $10k:
Carmel:
1.3% (285)
State:
2.5% (35,020)
Number of families with income $10k - 20k:
Carmel:
2.6% (558)
State:
3.3% (47,383)
Number of families with income $20k - 30k:
Carmel:
0.6% (133)
State:
4.2% (60,156)
Number of families with income $30k - 40k:
Carmel:
1.7% (366)
Indiana:
5.8% (82,106)
Number of families with income $40k - 50k:
Carmel:
0.7% (146)
Indiana:
6.9% (98,385)
Number of families with income $50k - 60k:
Carmel:
4.0% (840)
State:
7.3% (104,303)
Number of families with income $60k - 75k:
Carmel:
5.3% (1,121)
State:
10.7% (152,202)
Number of families with income $75k - 100k:
Carmel:
12.7% (2,690)
State:
16.8% (237,844)
Number of families with income $100k - 125k:
Carmel:
5.7% (1,218)
Indiana:
13.2% (187,178)
Number of families with income $125k - 150k:
Carmel:
10.3% (2,180)
State:
8.6% (122,703)
Number of families with income $150k - 200k:
Carmel:
15.4% (3,278)
State:
10.5% (148,889)
Number of families with income > $200k:
Carmel:
39.7% (8,449)
State:
10.1% (143,001)
Median non-family income in Carmel in 2022:
Carmel:
$52,462
Indiana:
$41,009
Change in median non-family income between 2000 and 2022:
Carmel, Indiana:
+42.6%
State:
+69.4%
Median per capita income in Carmel in 2022:
Carmel:
$70,468
Indiana:
$38,746
Change in median per capita income between 2000 and 2022:
Carmel, Indiana:
+78.1%
State:
+82.8%
Income statistics for Black or African American residents
Median household income in Carmel, IN in 2022:
Carmel:
$75,760
State:
$43,638
Change in median household income between 2000 and 2022:
Carmel, Indiana:
+13.2%
State:
+49.6%
Number of households with income < $10k:
Carmel:
14.6% (221)
State:
12.9% (33,270)
Number of households with income $10k - 20k:
Carmel:
0.0% (0)
State:
12.1% (31,195)
Number of households with income $20k - 30k:
Carmel:
0.0% (0)
State:
10.4% (26,676)
Number of households with income $30k - 40k:
Carmel:
0.0% (0)
State:
11.0% (28,436)
Number of households with income $40k - 50k:
Carmel:
4.8% (72)
Indiana:
9.5% (24,370)
Number of households with income $50k - 60k:
Carmel:
15.5% (234)
State:
7.5% (19,416)
Number of households with income $60k - 75k:
Carmel:
7.1% (108)
Indiana:
8.0% (20,642)
Number of households with income $75k - 100k:
Carmel:
12.0% (181)
State:
9.8% (25,235)
Number of households with income $100k - 125k:
Carmel:
8.3% (126)
Indiana:
8.1% (20,841)
Number of households with income $125k - 150k:
Carmel:
2.4% (36)
State:
4.0% (10,319)
Number of households with income $150k - 200k:
Carmel:
15.2% (230)
State:
4.3% (11,187)
Number of households with income > $200k:
Carmel:
20.2% (305)
State:
2.3% (5,833)
Aggregate household income in Carmel in 2022: $411,459,700
Median family income in Carmel in 2022:
Carmel:
$73,853
State:
$55,405
Number of families with income < $10k:
Carmel:
15.0% (133)
State:
10.9% (15,764)
Number of families with income $40k - 50k:
Carmel:
5.8% (51)
State:
9.6% (13,856)
Number of families with income $50k - 60k:
Carmel:
10.1% (90)
Indiana:
8.1% (11,700)
Number of families with income $60k - 75k:
Carmel:
6.2% (55)
State:
9.7% (14,058)
Number of families with income $75k - 100k:
Carmel:
17.2% (152)
State:
11.1% (16,066)
Number of families with income $100k - 125k:
Carmel:
5.4% (48)
State:
10.7% (15,401)
Number of families with income $125k - 150k:
Carmel:
1.7% (15)
Indiana:
5.8% (8,303)
Number of families with income $150k - 200k:
Carmel:
13.0% (115)
State:
6.1% (8,745)
Number of families with income > $200k:
Carmel:
25.6% (226)
State:
3.3% (4,719)
Median per capita income in Carmel in 2022:
Carmel:
$65,679
State:
$25,414
Change in median per capita income between 2000 and 2022:
Carmel, Indiana:
+96.2%
State:
+68.9%
Income statistics for Asian residents
Median household income in Carmel, IN in 2022:
Carmel:
$173,260
State:
$83,010
Change in median household income between 2000 and 2022:
Carmel, Indiana:
+106.5%
State:
+93.3%
Number of households with income < $10k:
Carmel:
0.6% (20)
Indiana:
8.8% (4,794)
Number of households with income $10k - 20k:
Carmel:
3.0% (106)
Indiana:
5.6% (3,049)
Number of households with income $20k - 30k:
Carmel:
1.5% (52)
State:
5.8% (3,176)
Number of households with income $30k - 40k:
Carmel:
1.1% (40)
State:
6.6% (3,602)
Number of households with income $40k - 50k:
Carmel:
0.8% (28)
State:
6.0% (3,269)
Number of households with income $50k - 60k:
Carmel:
3.1% (108)
State:
5.3% (2,888)
Number of households with income $60k - 75k:
Carmel:
2.4% (86)
State:
9.3% (5,056)
Number of households with income $75k - 100k:
Carmel:
8.7% (306)
State:
9.9% (5,425)
Number of households with income $100k - 125k:
Carmel:
13.1% (462)
State:
10.5% (5,738)
Number of households with income $125k - 150k:
Carmel:
5.8% (205)
Indiana:
6.0% (3,266)
Number of households with income $150k - 200k:
Carmel:
13.1% (461)
State:
10.5% (5,738)
Number of households with income > $200k:
Carmel:
46.8% (1,648)
Indiana:
15.8% (8,618)
Aggregate household income in Carmel in 2022: $700,487,200
Median family income in Carmel in 2022:
Carmel:
$184,888
State:
$103,261
Number of families with income < $10k:
Carmel:
0.5% (16)
State:
3.2% (1,231)
Number of families with income $10k - 20k:
Carmel:
0.8% (25)
State:
2.5% (953)
Number of families with income $20k - 30k:
Carmel:
1.2% (39)
State:
3.4% (1,330)
Number of families with income $40k - 50k:
Carmel:
1.0% (31)
Indiana:
5.8% (2,242)
Number of families with income $50k - 60k:
Carmel:
3.1% (101)
State:
4.5% (1,730)
Number of families with income $60k - 75k:
Carmel:
2.4% (78)
State:
9.5% (3,666)
Number of families with income $75k - 100k:
Carmel:
9.5% (305)
Indiana:
10.2% (3,955)
Number of families with income $100k - 125k:
Carmel:
8.6% (276)
State:
11.7% (4,516)
Number of families with income $125k - 150k:
Carmel:
6.7% (215)
State:
7.5% (2,915)
Number of families with income $150k - 200k:
Carmel:
12.8% (410)
State:
13.5% (5,212)
Number of families with income > $200k:
Carmel:
53.3% (1,709)
Indiana:
21.5% (8,321)
Median non-family income in Carmel in 2022:
Carmel:
$73,506
State:
$35,967
Change in median non-family income between 2000 and 2022:
Carmel, Indiana:
+111.0%
State:
+71.5%
Median per capita income in Carmel in 2022:
Carmel:
$69,470
State:
$41,211
Change in median per capita income between 2000 and 2022:
Carmel, Indiana:
+127.3%
Indiana:
+83.8%
Income statistics for Hispanic or Latino residents
Median household income in Carmel, IN in 2022:
Carmel:
$109,168
State:
$59,737
Change in median household income between 2000 and 2022:
Carmel, Indiana:
+15.9%
State:
+60.8%
Number of households with income < $10k:
Carmel:
2.6% (35)
State:
5.8% (8,513)
Number of households with income $10k - 20k:
Carmel:
0.0% (0)
State:
7.6% (11,151)
Number of households with income $20k - 30k:
Carmel:
1.4% (18)
State:
8.7% (12,768)
Number of households with income $30k - 40k:
Carmel:
0.8% (11)
Indiana:
9.8% (14,507)
Number of households with income $40k - 50k:
Carmel:
0.9% (12)
Indiana:
10.4% (15,272)
Number of households with income $50k - 60k:
Carmel:
7.8% (103)
Indiana:
8.0% (11,829)
Number of households with income $60k - 75k:
Carmel:
12.2% (162)
State:
11.4% (16,875)
Number of households with income $75k - 100k:
Carmel:
20.3% (270)
Indiana:
14.5% (21,434)
Number of households with income $100k - 125k:
Carmel:
12.6% (167)
State:
9.2% (13,525)
Number of households with income $125k - 150k:
Carmel:
8.9% (118)
State:
4.9% (7,171)
Number of households with income $150k - 200k:
Carmel:
8.0% (106)
Indiana:
5.2% (7,618)
Number of households with income > $200k:
Carmel:
24.5% (326)
State:
4.7% (6,892)
Aggregate household income in Carmel in 2022: $202,803,200
Median family income in Carmel in 2022:
Carmel:
$120,348
Indiana:
$67,946
Number of families with income $20k - 30k:
Carmel:
1.5% (18)
State:
7.4% (7,835)
Number of families with income $30k - 40k:
Carmel:
0.8% (9)
State:
8.0% (8,423)
Number of families with income $40k - 50k:
Carmel:
0.8% (10)
State:
8.8% (9,234)
Number of families with income $50k - 60k:
Carmel:
5.9% (71)
State:
8.1% (8,509)
Number of families with income $60k - 75k:
Carmel:
8.2% (97)
State:
11.8% (12,426)
Number of families with income $75k - 100k:
Carmel:
21.6% (258)
State:
16.8% (17,634)
Number of families with income $100k - 125k:
Carmel:
14.1% (169)
Indiana:
9.8% (10,348)
Number of families with income $125k - 150k:
Carmel:
10.1% (121)
State:
6.0% (6,363)
Number of families with income $150k - 200k:
Carmel:
8.5% (102)
State:
5.9% (6,220)
Number of families with income > $200k:
Carmel:
28.3% (338)
State:
5.8% (6,146)
Median per capita income in Carmel in 2022:
Carmel:
$60,603
State:
$22,779
Change in median per capita income between 2000 and 2022:
Carmel, Indiana:
+89.9%
State:
+76.3%
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Carmel:
0.0% (0)
State:
9.9% (859)
Number of households with income $10k - 20k:
Carmel:
0.0% (0)
Indiana:
5.8% (503)
Number of households with income $20k - 30k:
Carmel:
0.0% (0)
Indiana:
5.4% (467)
Number of households with income $30k - 40k:
Carmel:
0.0% (0)
State:
6.5% (560)
Number of households with income $40k - 50k:
Carmel:
0.0% (0)
Indiana:
16.4% (1,423)
Number of households with income $50k - 60k:
Carmel:
22.9% (8)
State:
8.9% (769)
Number of households with income $60k - 75k:
Carmel:
0.0% (0)
State:
9.1% (788)
Number of households with income $75k - 100k:
Carmel:
0.0% (0)
State:
22.7% (1,966)
Number of households with income $100k - 125k:
Carmel:
0.0% (0)
State:
4.5% (387)
Number of households with income $125k - 150k:
Carmel:
11.4% (4)
State:
0.6% (49)
Number of households with income $150k - 200k:
Carmel:
0.0% (0)
Indiana:
5.4% (469)
Number of households with income > $200k:
Carmel:
65.7% (23)
State:
4.9% (425)
Aggregate household income in Carmel in 2022: $13,913,451
Median per capita income in Carmel in 2022:
Carmel:
$73,173
State:
$27,558
Change in median per capita income between 2000 and 2022:
Carmel, Indiana:
+91.8%
State:
+66.2%
Income statistics for Multirace residents
Median household income in Carmel, IN in 2022:
Carmel:
$155,820
State:
$59,942
Change in median household income between 2000 and 2022:
Carmel, Indiana:
+45.8%
State:
+85.6%
Number of households with income < $10k:
Carmel:
1.5% (23)
State:
7.0% (9,131)
Number of households with income $10k - 20k:
Carmel:
1.2% (18)
State:
7.5% (9,781)
Number of households with income $20k - 30k:
Carmel:
0.0% (0)
Indiana:
8.1% (10,666)
Number of households with income $30k - 40k:
Carmel:
1.1% (17)
State:
9.9% (12,947)
Number of households with income $40k - 50k:
Carmel:
1.5% (23)
State:
9.9% (13,028)
Number of households with income $50k - 60k:
Carmel:
3.9% (59)
State:
7.7% (10,076)
Number of households with income $60k - 75k:
Carmel:
12.9% (196)
State:
11.2% (14,741)
Number of households with income $75k - 100k:
Carmel:
34.1% (518)
State:
14.5% (18,959)
Number of households with income $100k - 125k:
Carmel:
4.1% (62)
State:
8.9% (11,697)
Number of households with income $125k - 150k:
Carmel:
6.9% (104)
Indiana:
4.9% (6,406)
Number of households with income $150k - 200k:
Carmel:
10.2% (154)
State:
5.9% (7,688)
Number of households with income > $200k:
Carmel:
22.6% (343)
State:
4.6% (6,026)
Aggregate household income in Carmel in 2022: $266,322,200
Median family income in Carmel in 2022:
Carmel:
$167,766
State:
$70,519
Number of families with income $10k - 20k:
Carmel:
1.8% (22)
State:
4.7% (4,071)
Number of families with income $30k - 40k:
Carmel:
1.3% (16)
State:
6.6% (5,746)
Number of families with income $40k - 50k:
Carmel:
0.6% (7)
Indiana:
8.3% (7,195)
Number of families with income $50k - 60k:
Carmel:
3.3% (42)
State:
8.1% (7,047)
Number of families with income $60k - 75k:
Carmel:
5.6% (70)
Indiana:
11.7% (10,192)
Number of families with income $75k - 100k:
Carmel:
35.9% (452)
Indiana:
16.4% (14,276)
Number of families with income $100k - 125k:
Carmel:
3.4% (43)
State:
10.9% (9,477)
Number of families with income $125k - 150k:
Carmel:
5.6% (71)
Indiana:
5.8% (5,065)
Number of families with income $150k - 200k:
Carmel:
13.0% (164)
State:
7.8% (6,758)
Number of families with income > $200k:
Carmel:
29.4% (370)
State:
6.1% (5,274)
Median per capita income in Carmel in 2022:
Carmel:
$53,967
State:
$23,668
Change in median per capita income between 2000 and 2022:
Carmel, Indiana:
+86.7%
State:
+108.5%
Income statistics for other residents
Number of households with income < $10k:
Carmel:
0.0% (0)
State:
5.4% (3,404)
Number of households with income $10k - 20k:
Carmel:
0.0% (0)
State:
7.8% (4,921)
Number of households with income $20k - 30k:
Carmel:
9.7% (29)
State:
9.7% (6,136)
Number of households with income $30k - 40k:
Carmel:
0.0% (0)
State:
9.7% (6,125)
Number of households with income $40k - 50k:
Carmel:
2.3% (7)
State:
11.0% (6,919)
Number of households with income $50k - 60k:
Carmel:
0.0% (0)
Indiana:
8.5% (5,388)
Number of households with income $60k - 75k:
Carmel:
14.4% (43)
State:
10.8% (6,838)
Number of households with income $75k - 100k:
Carmel:
1.0% (3)
State:
13.7% (8,633)
Number of households with income $100k - 125k:
Carmel:
19.1% (57)
State:
9.2% (5,784)
Number of households with income $125k - 150k:
Carmel:
24.8% (74)
State:
5.6% (3,523)
Number of households with income $150k - 200k:
Carmel:
13.4% (40)
State:
3.6% (2,254)
Number of households with income > $200k:
Carmel:
15.1% (45)
State:
5.0% (3,185)
Aggregate household income in Carmel in 2022: $44,737,167
Median per capita income in Carmel in 2022:
Carmel:
$22,464
State:
$23,719
Change in median per capita income between 2000 and 2022:
Carmel, Indiana:
+15.1%
State:
+99.6%
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