Carmel vs Hammond: Housing
| Carmel | Hammond | |
|---|---|---|
| Median Home Value | $486,800 | $159,900 |
| Median Gross Rent | $1,712/mo | $1,134/mo |
| Homeownership Rate | 74.3% | 62.4% |
| Rent as Share of Income | 14.5% | 24.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.