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Carmel
Carmel
Indiana
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Carmel is a suburban city in Hamilton County, Indiana, United States, located immediately north of Indianapolis. It has been one of the fastest-growing communities in the country. In 2012, Carmel was selected as the "Best Place to Live in the United States" by CNN Money magazine, and received the same designation by Niche.com in 2017. The population was 79,191 as of the 2010 and was estimated to be 91,065 in 2016 by the US Census Bureau, making it the fifth-largest city in Indiana.

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Taxes

C

How did Indiana earn the grade of C? We examined the state taxes based on how age friendly they are. Indiana has a state sales tax of 7.00%. Of particular interest is that Indiana does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Indiana has an effective property tax rate of 0.87%. Weighing these taxes and other taxes most likely to impact the aging population is how Indiana earned its state tax grade of C.

Learn more about taxes in Indiana

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