Carmel is just north of north of Indy and home to 92,198 residents,[the city spans 47 square miles. Although Carmel had one of the nation's first stoplights, it is now known as the "Roundabout Capital of the U.S." because it has more roundabouts than any city in America (122 as of January 2019).
Carmel has a highly educated and affluent population whose households have average median income levels of $109,201, and the median average price of a home is $320,400, according to the U.S. Census Bureau. It is often cited as one of the Best Places to Live in America by Money Magazine (No. 1 in 2012, No. 3 in 2018) and several other surveys. The city has also been honored for being one of the safest in America, and best place to launch a career and to raise a family. It is known in some circles as the "Beverly Hills of the Midwest"
Carmel is home to some of the best entertainment, shopping and restaurants in the Indianapolis Area! The newest most promising shops and restaurants usually open first in Carmel, then spread to the other Indy neighboring towns.