Carmel, IN 55+ Active Adult Retirement Communities

Indianapolis Area

2 Communities in Carmel

Overview

Carmel is a city in Hamilton County, Indiana, approximately 15 miles north of Indianapolis. Best known for being the heart of the Midwest, retirees that are looking for a quaint city with all four seasons are sure to appreciate Carmel. 

Climate & Geography

Carmel has a humid continental climate. The average annual high temperature is in the low 60s and the average annual low temperature is in the low 40s. The average annual precipitation is roughly 40 inches of rainfall. 

The city is built on primarily flat land. The White River borders Carmel to the east.

Recreation, Culture, & Entertainment

Carmel is a very relaxed suburb with an assortment of leisure activities. During the summer, active adults take a stroll and bike ride through Monon Trail, Coxhall Gardens, and Flowing Well Park. During the winter, residents attend concerts and shows at The Center for the Performing Arts and the Booth Tarkington Civic Theatre. 

There’s an art and design district filled with shops and restaurants. Wineries and antique shops are scattered throughout the city. The larger cities of Indianapolis and Chicago are near enough for day or weekend trips to explore a wider variety of activities. 

Cost of Living & Taxes

The median home cost is less than the national median. The overall cost of living is one of the lowest of any state. The state of Indiana has one of the lowest income taxes with a flat rate. Most pension and retirement income is taxed. Retirees that are 60 years of age and older can exclude a certain amount from military pensions. Social Security income is not taxed. 

Health Care

There are three highly ranked medical centers and hospitals located in Carmel. They are Franciscan Health Carmel, Indiana University Health North Hospital, and St. Vincent Heart Center. Franciscan Health Carmel is ranked high performing in hip replacement. Indiana University Health North Hospital is ranked high performing in hip replacement and knee replacement. St. Vincent Heart Center is ranked high performing in four adult procedures/conditions.