Carmel, IN 55+ Active Adult Retirement Communities

Carmel, situated in Hamilton County, Indiana, lies approximately 15 miles north of Indianapolis.  55+ communities in Carmel are appealing to retirees seeking a charming city with nearby metropolitan amenities.

Climate & Geography in Carmel

Carmel experiences a humid continental climate, with average annual high temperatures in the low 60s and lows in the low 40s. Annual precipitation averages around 40 inches of rainfall.

The city is predominantly situated on flat land, bordered to the east by the White River.

Recreation, Culture, & Entertainment in the Carmel Area

Carmel offers a relaxed suburban atmosphere with a variety of leisure activities. In the summer, active adults enjoy strolling and biking along the Monon Trail, Coxhall Gardens, and Flowing Well Park. During winter, residents frequent concerts and shows at The Center for the Performing Arts and the Booth Tarkington Civic Theatre.

The city boasts an art and design district replete with shops and restaurants. Wineries and antique shops dot the area. Additionally, the proximity of larger cities like Indianapolis and Chicago allows for day or weekend trips to explore a wider array of activities.

Carmel Cost of Living & Taxes

The median home cost in Carmel is below the national average, contributing to an overall cost of living that is among the lowest in the state. Indiana maintains one of the lowest income tax rates with a flat rate structure. While most pension and retirement income is subject to taxation, retirees aged 60 and older can exclude a certain amount from military pensions. Social Security income remains untaxed.

Health Care in Carmel

Residents of 55+ communities in Carmel have easy access to three highly ranked medical centers and hospitals. Franciscan Health Carmel is recognized for high performance in hip replacement procedures. Indiana University Health North Hospital excels in both hip and knee replacement surgeries. St. Vincent Heart Center is noted for high performance in four adult procedures/conditions.