Carmel vs Sheridan

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

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

Carmel has the higher population (100,501 vs 3,355 in Sheridan). Carmel has the higher median household income ($134,602 vs $65,104 in Sheridan). Carmel has the higher median home value ($455,500 vs $177,200 in Sheridan).

Population, income & housing

	Carmel	Sheridan
Population	100,501	3,355
Median age	40.5 yrs	40.8 yrs
Median household income	$134,602	$65,104
Median home value	$455,500	$177,200
Median gross rent	$1,607	$788
Housing units	40,477	1,498
Homeownership rate	74.6%	65.0%
Bachelor's degree or higher	74.5%	22.3%
Unemployment rate	2.7%	7.1%

Trends (ACS 5-year, 2019–2023)

	Carmel	Sheridan
Population	97,464 → 100,501 (+3.1%)	2,959 → 3,355 (+13.4%)
Median household income	$112,765 → $134,602 (+19.4%)	$48,173 → $65,104 (+35.1%)
Median home value	$333,200 → $455,500 (+36.7%)	$128,500 → $177,200 (+37.9%)
Median gross rent	$1,207 → $1,607 (+33.1%)	$719 → $788 (+9.6%)

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

Sheridan

Population

2,9593,355

Median household income

$48,173$65,104

Median home value

$128,500$177,200

Median gross rent

$719$788

Age & race/ethnicity

Age distribution (share)

	Carmel	Sheridan
Under 5	5.1%	4.6%
5 to 17	20.0%	15.1%
18 to 24	7.9%	9.0%
25 to 34	10.5%	14.6%
35 to 44	13.1%	12.3%
45 to 54	15.1%	14.9%
55 to 64	13.4%	12.2%
65 to 74	9.2%	13.1%
75 and over	5.8%	4.2%

Race & ethnicity (share)

	Carmel	Sheridan
White (non-Hispanic)	75.7%	95.9%
Black or African American	3.6%	0.1%
American Indian & Alaska Native	0.1%	0.0%
Asian	11.6%	0.2%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.5%	0.0%
Two or more races	3.5%	1.1%
Hispanic or Latino	5.0%	2.7%

Educational attainment (age 25+)

Share of adults 25+

	Carmel	Sheridan
No high school diploma	2.1%	8.4%
High school graduate	8.0%	48.3%
Some college or associate's	15.5%	21.0%
Bachelor's degree	42.5%	16.3%
Graduate or professional degree	32.0%	5.9%

Commute to work

How workers get to work (share)

	Carmel	Sheridan
Drove alone	69.1%	69.1%
Carpooled	4.0%	23.7%
Public transit	0.1%	1.0%
Walked	1.3%	2.4%
Bicycle	0.2%	0.0%
Worked from home	25.0%	3.3%
Other means	0.4%	0.7%

Housing

Units in structure (share)

	Carmel	Sheridan
1-unit, detached	70.4%	77.3%
1-unit, attached	5.2%	0.5%
2 to 4 units	3.6%	15.7%
5 to 19 units	12.1%	1.5%
20 or more units	8.3%	0.0%
Mobile home & other	0.3%	5.0%

Poverty & households

	Carmel	Sheridan
Poverty rate	3.7%	3.6%
Average household size	2.62	2.41
Mean commute (minutes)	25	26
Median year structure built	1997	1967