Is Carmel, IN a Good Place to Live in 2024?

What is Carmel, IN known for?

Carmel, Indiana, is located approximately 15 miles north of Indianapolis, the nearest metro area. The city is renowned for its roundabouts, emphasizing efficient traffic management. It boasts an arts district featuring local craftsmanship and exceptional schools and has a reputation for affluence and well-maintained public spaces.

Carmel leans more on the conservative side, with a significant presence of faith-based communities, predominantly Christian. Race-wise, the population is mainly white but is gradually becoming more diverse. Minority groups are also slowly growing in presence.

For retirees, Carmel's quiet neighborhoods and health-conscious amenities are appealing. Students can make the most of excellent educational resources. Singles and couples can explore the city's subdued yet charming social scene. Families will appreciate the well-maintained parks and numerous kid-friendly activities. People from varied backgrounds and beliefs will find the city evolving towards greater inclusivity, albeit slowly.

Highlights

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Pros and Cons

The Pros of living in Carmel, IN, include traffic management, educational excellence, arts and culture, and more. While some Cons are around affordability, limited nightlife, and property taxes.
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Safety and Crime

Carmel, IN is ranked 3rd out of the top 333 most populated cities in the US for highest overall safety, is ranked 10th on safety from violent crime, and 4th on safety from property crime.
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Cost of Living

Compared to the rest of the US, the cost of living in Carmel, IN is 15% lower than the national average.
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Discretionary Income

A gross annual salary of $80,000 in Carmel, IN leaves $1,797 of “money in the pocket” per month on average.
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Climate and Weather

The average daily temperature in Carmel, IN in January is 31°F and 76°F in July. Compared to the rest of the 333 most populated cities in the US, this city is on average -12°F cooler in January and is on average -3°F cooler in July.
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Politics and Voting

Carmel, IN voted for the Republican party in the 2020 Presidential election, with 52.4% of the votes counted going to this party.
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