Carmel vs Albany
| Carmel | Albany | |
|---|---|---|
| Population | 7,260 | 99,692 |
| Median Household Income | $114,954 | $61,986 |
| Median Home Value | $488,300 | $234,700 |
| Median Gross Rent | $1,150/mo | $1,216/mo |
| Homeownership Rate | 75.0% | 38.2% |
| Unemployment Rate | 4.8% | 7.8% |
| Bachelor's Degree or Higher | 39.9% | 45.3% |
| Median Age | 47.0 | 32.0 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.