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Carmel, Indiana News

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Date ArticleType
2/15/2011 Member News
Carmel Leads the State in Population Growth

Carmel, IN – The U.S. Census Bureau yesterday released more detailed 2010 Census population totals and demographic characteristics. Carmel showed the highest percent growth in the state, with its population growing 109 percent from 2000 to 2010.  According to the 2010 Census, Carmel’s population is now 79,191 residents, making it the eighth-largest city in Indiana. In the last census in 2000, Carmel’s population was 37,733 and in a special census taken in 2007, the city’s population was 68,677. 

“Our exceptional increase in population is a testament to Carmel’s high quality of life. Carmel’s excellent school system, careful city planning and outstanding amenities differentiate Carmel and make it an attractive place for both residents and businesses to locate. While we are happy that there has been growth in general, we are especially proud of the type of managed growth we have achieved, which has led to our large cash reserves, reasonable debt levels and low taxes,” said Mayor Jim Brainard.

Carmel’s focus on growing new businesses has resulted in residential property taxes among the lowest in the state of Indiana with 29 percent of property taxes originating from businesses located in the city. Carmel’s redevelopment initiatives ensure efficient use of city services as they encourage development in the city’s central core, utilizing existing infrastructure and providing convenience to city residents while minimizing sprawl.          

In 2010, Carmel was ranked #14 in “Best Places to Live” nationally by CNN Money Magazine for its high quality of life. The magazine referenced the city’s large supply of professional job opportunities and exceptional amenities, including its parks and trails system, the Carmel Arts & Design District and The Center for The Performing Arts, as the bases for ranking Carmel in the national list.        

Hamilton County was the fastest growing county in the state in Census 2010, with 50 percent growth since 2000. The Indianapolis metro area accounted for 57 percent of the state’s overall 6.6 percent population increase.