Recent estimates (2005) indicate a substantial growth of population and housing. At the moment (2006), there are an estimated 80,000 people living in Carmel, according to a special census conducted in late 2005.[citation needed] The average price of a house in 2005 was $750,000.[citation needed]
The median income for a household in the city was $81,583, and the median income for a family was $94,210. Males had a median income of $70,618 versus $38,917 for females. The per capita income for the city was $37,906. About 1.6% of families and 2.5% of the population were below the poverty line, including 2.5% of those under age 18 and 2.2% of those age 65 or over
The median income for a household in the city was $81,583, and the median income for a family was $94,210. Males had a median income of $70,618 versus $38,917 for females. The per capita income for the city was $37,906. About 1.6% of families and 2.5% of the population were below the poverty line, including 2.5% of those under age 18 and 2.2% of those age 65 or over