Carmel, Indiana is one of the fastest growing communities in Indiana, located on the North Side of Indianapolis. Approximately 86,000 residents spanning part of Hamilton County. The average median income is approximately $107,000 and the average median home price is $293,000. In 2012 CNN Money Magazine named Carmel the Number 1 place to live in America ( for cities ranging from 50,000 to 300,000 in population). One signature attraction is the Arts & Design District providing cultural and creative innovations.