Carmel is a suburban city in Indiana immediately north of Indianapolis. It is situated in Clay Township in Hamilton County, Indiana, and is bordered by the White River to the east; the Hamilton-Boone county line to the west; 96th Street to the south and 146th Street to the north. Though Carmel was home to one of the first electronic automated traffic signals in the state, the city has constructed some 128 roundabouts since 1998, earning its moniker as the "Roundabout Capital of the U.S." Carmel has an 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. It is cited as one of the Best Places to Live in America by Money magazine and other surveys such as Wallet Hub, Niche, and SafeWise. The city has also been honoured for being one of the safest in America, and best place to launch a career and to raise a family.
The Meridian Corridor serves as a large concentration of corporate office space within the city. It is home to more than 40 corporate headquarters and many more regional offices. Several large companies reside in Carmel, and it serves as the national headquarters for Allegion, CNO Financial Group, MISO, KAR Global and Delta Faucet. Top employers include: CNO Financial Group, Geico, RCI, LLC, Capital Group Companies, Liberty Mutual, KAR Auction Services (Adesa), IU Health North, Midcontinent ISO, NextGear Capital, Allegion.
Carmel has a population of over 101,068 people. Carmel also forms part of the wider Indianapolis-Carmel-Anderson metropolitan area which has a population of over 2,092,660 people.
Carmel has two sister cities: Kawachinagano, Osaka Prefecture, Japan and Xiangyang, Hubei, China.