Carmel, Indiana, is one of the fastest growing communities in  the state. Located on the North Side of Indianapolis ( Hamilton County), Carmel is home to approximately 86,000 residents. The average median income is $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 which provides cultural and creative innovations.