Lake Carmel vs Buffalo
| Lake Carmel | Buffalo | |
|---|---|---|
| Population | 8,089 | 276,688 |
| Median Household Income | $109,243 | $50,041 |
| Median Home Value | $363,700 | $164,200 |
| Median Gross Rent | $1,565/mo | $1,046/mo |
| Homeownership Rate | 85.9% | 43.0% |
| Unemployment Rate | 3.8% | 7.3% |
| Bachelor's Degree or Higher | 34.6% | 31.2% |
| Median Age | 40.3 | 34.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.