Wealth Index

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

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Income Statistics Overview

See income data visualized

Metric Carmel Indiana Avg US Average
Median Household Income $135,254 $70,132 $78,145
Median Personal Income $135,254 $70,132 $78,145
Average income growth 3.8% 3.8% 3.8%

Household Income Trend

Median Household Income Over Time

Carmel
United States
Year Carmel United States

Economic Inequality in Carmel | Gender Pay Gap | Gini Index

Metric Carmel Indiana Avg US Average
Gini Index 0.540 0.544 0.570
Male Median Income $118,847 $63,558 $67,746
Female Median Income $83,065 $49,036 $54,793
Gender Pay Gap 30.1% 22.8% 19.1%

Income by Sex Over Time

Male
Female
Year Male Income Female Income Gap %

Employment

Metric Carmel Indiana Avg US Average
Unemployment Rate 2.7% 4.3% 5.2%
Working from Home 25.1% 9.6% 13.4%
Commute time (minutes) 22 21 22

Unemployment Rate Over Time

Carmel
United States
Year Carmel United States