A recent analysis conducted by SmartAsset placed Carmel as No. 5 among 348 U.S. cities as the best job markets based on six distinct metrics: unemployment rate, income growth, the percentage of workers with employer-sponsored health insurance, typical commute time, the percentage of remote workers, and median housing payments as a share of income.
Carmel was the only city in Indiana to receive a top ranking, joining Bend, Ore., Richmond, Va., and Seattle and Bellevue in Washington in the top five slots.
Finkam
“It’s always a pleasure to see others recognize what sets Carmel apart, including our robust economy, highly skilled workforce, and focus on innovation and quality of life,” Mayor Sue Finkam said. “Being named one of the top five job markets in the U.S. reinforces that Carmel is a place where businesses thrive and professionals find real opportunity for success.”
Other recent national rankings for Carmel include: No. 2 Best Place to Live in the U.S. by U.S. News & World Report and No. 1 Best Place to Live in Indiana by Niche.com’s 2025 rankings.