Fact text

  • Carmel was originally named 'Bethlehem,' but had to rename itself just to get a post office, Indiana already had one.
  • A local inventor created one of the first automatic traffic signals in the U.S. in 1924, and the original device still exists in an old train station.
  • Carmel has built a jaw-dropping 155 roundabouts since 1997, officially making it the roundabout capital of America.
Your
Carmel
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
Stat icon
99130
+
Total Population
Stat icon
$
115109
Median Income
Stat icon
$
352400
Median Home
Stat icon
14
%
Age 65+
Retirement Suitability
How
Carmel
ranks for retirees?
51
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
8
Affordability
74
Healthcare
82
Climate
35

Results

Carmel

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
8

Indiana does not tax Social Security benefits, though a state income tax does apply to other retirement income.

State sales tax here runs about

7

%.

Source · Tax Foundation
8
7
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
74

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
74
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
82

The area has

6

Medicare-certified hospitals, averaging a

4

/5 CMS quality rating.

Source · CMS Hospital Compare
4
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
35

A

Cold / Snowy

climate — summers peak near

84

°F, winters dip to about

21

°F, with roughly

″ of snow a year.

Source · NOAA Climate Normals
Cold / Snowy
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively Moderate

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Relatively Moderate

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