Madison vs Carmel
| Madison | Carmel | |
|---|---|---|
| Population | 12,301 | 99,453 |
| Median Household Income | $61,183 | $141,505 |
| Median Home Value | $203,100 | $486,800 |
| Median Gross Rent | $820/mo | $1,712/mo |
| Homeownership Rate | 62.1% | 74.3% |
| Unemployment Rate | 5.2% | 2.7% |
| Bachelor's Degree or Higher | 23.8% | 74.4% |
| Median Age | 44.4 | 40.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.