Compare

Carmel vs Wake Forest

Which is the better fit for you?

Carmel, IN
81
Area Score
Top 1% nationally
Wake Forest, NC
81
Area Score
Top 1% nationally

Carmel and Wake Forest receive effectively the same standardized Area Score. Which fits you better depends on which dimensions you weight — the differences below are where they actually diverge.

Signals

Carmel
Wake Forest
Opportunity
85 · Top 3%
vs
90 · Top 1%
Growth
76 · Top 8%
vs
79 · Top 6%
Climate
68 · Bottom 39%
vs
72 · Top 43%
Physical resilience
76 · Top 30%
vs
70 · Top 36%
Housing affordability
95 · Top 20%
vs
91 · Top 30%
Schools
86 · Top 6%
vs
76 · Top 19%
Access
89 · Bottom 39%
vs
93 · Top 47%
Economic stability
77 · Top 12%
vs
78 · Top 11%

Measured values

MetricCarmelWake ForestSource period
Population101,65152,8442024 ACS 5-Year
Median household income$141,505$123,8022024 ACS 5-Year
Per capita income$73,549$51,7092024 ACS 5-Year
Population density2,071/sq mi2,659/sq mi2024 ACS 5-Year
Median home value$486,800$474,5002024 ACS 5-Year
Median gross rent$1,712$1,5962024 ACS 5-Year
Homeownership rate74.3%74.0%2024 ACS 5-Year
Unemployment rate3.1%3.1%June 2026
Employment change (year over year)-0.7%0.4%June 2026
Bachelor's degree or higher74.4%59.5%2024 ACS 5-Year
Poverty rate3.9%4.5%2024 ACS 5-Year
Housing units permitted (12 months)1,01591112 months ending July 2026
Permits per 1,000 residents10.017.212 months ending July 2026
Permit change (year over year)43.6%11.9%12 months ending July 2026
Average July high85°F91°F1991-2020 Normals
Average January low21°F32°F1991-2020 Normals
Annual precipitation40.7"46.1"1991-2020 Normals
Distance to major airport19 mi16 miNASR current cycle
Average commute26.0 min33.7 min2024 ACS 5-Year
Median age40.638.62024 ACS 5-Year
Public schools17152024-25 school year
Students per teacher16.0916.972024-25 school year
Math proficiency67.9%58.2%2019-20 school year
Reading proficiency65.9%67.5%2019-20 school year
Free or reduced-price lunch eligibility12.8%32.2%2024-25 school year

A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.

Indiana and North Carolina do not give the same test. Each state writes its own assessment and sets its own passing score, so the two proficiency rows above are not directly comparable — the difference between them partly measures which standard is harder. Students per teacher and the school count are unaffected, and each profile ranks its own proficiency within its own state.

Physical risk tradeoff

Carmel

Elevated or high exposure: tornado, earthquake.

Wake Forest

No hazard reaches elevated exposure.

Your best match

Weight what matters to you. Your preferences stay in this browser and never change either Area Score.

Carmel
82
Your Score
81
Area Score
Wake Forest
81
Your Score
81
Area Score

Select your priorities to see which of the two fits them better.

Full profiles: Carmel, IN · Wake Forest, NC · How this is calculated: methodology

Carmel vs Wake Forest: Location Comparison | AreaProfile