Cedar Lake vs Carmel
| Cedar Lake | Carmel | |
|---|---|---|
| Population | 14,215 | 99,453 |
| Median Household Income | $83,381 | $141,505 |
| Median Home Value | $282,000 | $486,800 |
| Median Gross Rent | $1,350/mo | $1,712/mo |
| Homeownership Rate | 85.2% | 74.3% |
| Unemployment Rate | 5.5% | 2.7% |
| Bachelor's Degree or Higher | 27.4% | 74.4% |
| Median Age | 40.2 | 40.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.