Elwood vs Carmel
| Elwood | Carmel | |
|---|---|---|
| Population | 8,339 | 99,453 |
| Median Household Income | $53,280 | $141,505 |
| Median Home Value | $97,800 | $486,800 |
| Median Gross Rent | $860/mo | $1,712/mo |
| Homeownership Rate | 65.2% | 74.3% |
| Unemployment Rate | 6.2% | 2.7% |
| Bachelor's Degree or Higher | 8.3% | 74.4% |
| Median Age | 43.5 | 40.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.