Lake Carmel vs Rochester: Housing
| Lake Carmel | Rochester | |
|---|---|---|
| Median Home Value | $363,700 | $139,600 |
| Median Gross Rent | $1,565/mo | $1,081/mo |
| Homeownership Rate | 85.9% | 38.1% |
| Rent as Share of Income | 17.2% | 27.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.