Carmel vs South Bend
| Carmel | South Bend | |
|---|---|---|
| Population | 99,453 | 103,084 |
| Median Household Income | $141,505 | $55,786 |
| Median Home Value | $486,800 | $140,400 |
| Median Gross Rent | $1,712/mo | $1,033/mo |
| Homeownership Rate | 74.3% | 60.2% |
| Unemployment Rate | 2.7% | 6.5% |
| Bachelor's Degree or Higher | 74.4% | 29.3% |
| Median Age | 40.6 | 34.8 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.