Shelbyville vs Carmel
| Shelbyville | Carmel | |
|---|---|---|
| Population | 19,678 | 99,453 |
| Median Household Income | $55,602 | $141,505 |
| Median Home Value | $174,700 | $486,800 |
| Median Gross Rent | $995/mo | $1,712/mo |
| Homeownership Rate | 55.2% | 74.3% |
| Unemployment Rate | 2.0% | 2.7% |
| Bachelor's Degree or Higher | 19.4% | 74.4% |
| Median Age | 36.3 | 40.6 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.