Carmel is located close to the center of Indiana. Carmel is part of Hamilton County. Carmel has 47.46 square miles of land area and 1.08 square miles of water area. As of 2010-2014, the total Carmel population is 83,474, which has grown 121.22% since 2000. The population growth rate is much higher than the state average rate of 7.60% and is much higher than the national average rate of 11.61%. Carmel median household income is $107,916 in 2010-2014 and has grown by 32.28% since 2000. The income growth rate is much higher than the state average rate of 17.25% and is higher than the national average rate of 27.36%. Carmel median house value is $297,600 in 2010-2014 and has grown by 44.89% since 2000. The house value growth rate is higher than the state average rate of 30.12% and is about the same as the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Carmel is much better than the state average in quality. The Carmel area code is 317.