Carmel vs Fishers

A side-by-side comparison of Carmel and Fishers: population, income, housing, and more.

Carmel and Fishers are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Fishers has the higher population (100,918 vs 100,501 in Carmel). Carmel has the higher median household income ($134,602 vs $128,141 in Fishers). Carmel has the higher median home value ($455,500 vs $370,200 in Fishers).

Population, income & housing

	Carmel	Fishers
Population	100,501	100,918
Median age	40.5 yrs	37.2 yrs
Median household income	$134,602	$128,141
Median home value	$455,500	$370,200
Median gross rent	$1,607	$1,491
Housing units	40,477	38,084
Homeownership rate	74.6%	76.1%
Bachelor's degree or higher	74.5%	66.2%
Unemployment rate	2.7%	2.8%

Trends (ACS 5-year, 2019–2023)

	Carmel	Fishers
Population	97,464 → 100,501 (+3.1%)	90,332 → 100,918 (+11.7%)
Median household income	$112,765 → $134,602 (+19.4%)	$109,454 → $128,141 (+17.1%)
Median home value	$333,200 → $455,500 (+36.7%)	$264,200 → $370,200 (+40.1%)
Median gross rent	$1,207 → $1,607 (+33.1%)	$1,250 → $1,491 (+19.3%)

Carmel

Population

97,464100,501

Median household income

$112,765$134,602

Median home value

$333,200$455,500

Median gross rent

$1,207$1,607

Fishers

Population

90,332100,918

Median household income

$109,454$128,141

Median home value

$264,200$370,200

Median gross rent

$1,250$1,491

Age & race/ethnicity

Age distribution (share)

	Carmel	Fishers
Under 5	5.1%	6.0%
5 to 17	20.0%	21.2%
18 to 24	7.9%	7.9%
25 to 34	10.5%	11.2%
35 to 44	13.1%	16.7%
45 to 54	15.1%	15.3%
55 to 64	13.4%	10.7%
65 to 74	9.2%	7.0%
75 and over	5.8%	4.0%

Race & ethnicity (share)

	Carmel	Fishers
White (non-Hispanic)	75.7%	79.4%
Black or African American	3.6%	4.9%
American Indian & Alaska Native	0.1%	0.0%
Asian	11.6%	7.7%
Native Hawaiian & Pacific Islander	0.0%	0.1%
Some other race	0.5%	0.7%
Two or more races	3.5%	3.5%
Hispanic or Latino	5.0%	3.7%

Educational attainment (age 25+)

Share of adults 25+

	Carmel	Fishers
No high school diploma	2.1%	2.1%
High school graduate	8.0%	10.9%
Some college or associate's	15.5%	20.7%
Bachelor's degree	42.5%	42.2%
Graduate or professional degree	32.0%	24.0%

Commute to work

How workers get to work (share)

	Carmel	Fishers
Drove alone	69.1%	70.0%
Carpooled	4.0%	6.6%
Public transit	0.1%	0.0%
Walked	1.3%	0.5%
Bicycle	0.2%	0.1%
Worked from home	25.0%	21.9%
Other means	0.4%	0.8%

Housing

Units in structure (share)

	Carmel	Fishers
1-unit, detached	70.4%	76.1%
1-unit, attached	5.2%	6.2%
2 to 4 units	3.6%	1.8%
5 to 19 units	12.1%	8.7%
20 or more units	8.3%	7.0%
Mobile home & other	0.3%	0.2%

Poverty & households

	Carmel	Fishers
Poverty rate	3.7%	3.6%
Average household size	2.62	2.74
Mean commute (minutes)	25	26
Median year structure built	1997	2002