RANK #541 / 996 · POP 349,527 · IN
PROJECTED GROWTH: +0.5%
Carmel, a notable town in Hamilton County, Indiana, is recognized for its urban planning and has received accolades as a desirable place to live. Located directly north of Indianapolis, Hamilton County offers a blend of suburban living with access to urban amenities. Commuting to Indianapolis is facilitated by major interstates and local transportation options like carpooling services and the Hamilton County Express. The county features extensive outdoor recreation, including the Monon Trail, a 24-mile paved path for walking, running, and cycling that connects several towns and extends into downtown Indianapolis. Additionally, Strawtown Koteewi Park offers 750 acres with hiking and equestrian trails.
Life in Hamilton County often appeals to families and young professionals, drawn by highly-rated public schools such as Carmel Clay Schools and Hamilton Southeastern Schools. The local economy is diverse, with growth in sectors like healthcare, professional services, and technology. Recent economic developments include investments in infrastructure and energy, contributing to job growth that is projected to surpass regional and national rates. The county also offers various public transportation services, including options for seniors and individuals with disabilities, enhancing connectivity within the area.
Above national median (4.7x)
Below-average climate & terrain
Above national median (13x)
Housing is fairly valued at 4.9x relative to local economic output. The typical U.S. county is 4–6x.
Source: Redfin · Census BPS — Browse sales on Redfin →
| PROJECT | AMOUNT | STATUS |
|---|---|---|
|
Noblesville Solar Project
Doral Renewables
|
$200M | Planned |
|
Kingfisher Reserve Battery Energy Storage System (BESS)
Aypa Power
|
$200M | Rejected |
|
Hamilton County Government and Judicial Center Expansion
Hamilton County
|
$65M | Planned |
|
RWE Clean Energy Wind/Solar Project
RWE Clean Energy
|
$50M | Proposed |
Source: public records, news, corporate announcements. Amounts are estimates where noted.
Bars show percentile rank among all 996 counties.
Hamilton County has a Boom Town Index score of 46/100, ranking #541 among 996 U.S. counties. With job growth at +1.8% and a median household income of $114,866, it faces some economic headwinds compared to faster-growing counties.
The median home value in Hamilton County is $350,900 with median rent at $1,412/month. The income-to-home-value ratio is 0.3273, which is more affordable than the national average.
Population growth: +2.3% year-over-year. Job growth: +1.8%. Home values changed +2.5% in the past 12 months.
Yes — 3.72% of Hamilton County's population moved from another state, which is above the national average and indicates strong in-migration.