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Carmel, CA Insightsas of Oct 2026
Population size
110 K People
Population growth
2.5%
Age distribution
0-14: 25%
15-24: 10%
25-44: 30%
45-64: 25%
65+: 10% percent
15-24: 10%
25-44: 30%
45-64: 25%
65+: 10% percent
Household size
2.6 People
Household composition
Families: 75%
Singles: 20%
Multi-generational: 5% percent
Singles: 20%
Multi-generational: 5% percent
Education level
High school: 95%
Bachelor's: 75%
Graduate: 40% percent
Bachelor's: 75%
Graduate: 40% percent
Median household income
141,505 USD/year
Employment rate
68 %
Job growth
3.2 %
Dominant industries
Professional services, healthcare, finance
Cost of living index
120 index
Retail sales per capita
12,500 USD/year
Disposable income
95,000 USD/year
Spending behavior by category - apparel, dining, electronics
Apparel: 15%, Dining: 20%, Electronics: 10% percent
Existing retail mix
Upscale malls, boutiques, big-box stores, dining
Number of competitors
50 stores
Market saturation
85 percent
Presence of anchor tenants
Yes, including Macy's and Von Maur
Foot traffic from nearby businesses
High, due to office parks and residential areas
Rent costs
25 USD/sqm/month
Property values
450,000 USD/property
Zoning laws
Mixed-use zones encouraged in downtown
Business permits
Streamlined process, 30 days average days
Availability of retail space
100,000 sqm
Proximity to major roads
Direct access to I-465 and US-31
Public transportation access
Limited, bus routes available
Parking availability
5,000 spaces
Pedestrian traffic
Medium in downtown, low in suburbs
Vehicle traffic
50,000 vehicles/day
Public transport accessibility
Fair, with connections to Indianapolis
Commute times
20 minutes
Work patterns
Hybrid, 60% office-based percent
Shopping preferences
Prefers upscale and experiential shopping
Brand affinity
Strong for premium brands like Apple, Nordstrom
Consumer loyalty
High, 70% repeat customers percent
Entertainment and leisure trends
Arts, outdoor activities, dining out
Crime statistics
Low, 1,200 incidents/100,000 people incidents/100k people
Shoplifting rates
0.5 percent
Public safety measures
CCTV, community policing programs
Tourist spending
50,000,000 USD/year
Tourist footfall
200,000 visitors/year
Major local events
Carmel International Arts Festival, Farmers Market
Seasonal attractions
Winter lights, summer concerts
E-commerce penetration
18 %
Click-and-collect adoption
25 %
Local preference for in-store shopping
65 %
Total retail space
500,000 sqm
Retail space per capita
4.8 sqm/person
Projected growth in retail space
5 %
Retail leakage rate
15 %
Sustainable retail demand
High, driven by population growth
Major upcoming retail projects
Arts District expansion
Grocery market share distribution - Top 3 retailers & market share
Kroger: 40%, Meijer: 30%, Whole Foods: 15% percent
Consumer spending patterns
Frequent small purchases, brand-conscious
Grocery expenditure trends
Increasing 4% annually percent
Luxury retail performance
Strong, 20% growth percent
Top mall shopping preferences
Clay Terrace, The Palladium area
Shopping trips to other cities - % of residents
25 percent
Key drivers for mall visits
Entertainment, dining, one-stop shopping
Preferred brand categories - Luxury fashion, Value fashion, etc.
Luxury fashion: 40%, Value fashion: 20%, Electronics: 15% percent
Number of existing malls
2 malls
Total retail footfall - annual visits across malls
5,000,000 sqm
Retail market gaps
More experiential and sustainable retail
Trade area population
300,000 people
Retail potential in catchment area
High, due to affluent demographics
Projected retail growth rate
4 %
Preferred mall layouts
Open-air lifestyle centers
Public transport access
Moderate, bus lines to Indy
Walkability score
55 score
Road infrastructure & car access
Excellent, multiple highways
Parking capacity in comparable malls
3,000 spaces
Surrounding land use & future developments
Residential and office, with mixed-use planned
Retail Destinations in Carmel, CA
Browse 1 retail destination in Carmel, CA, United States. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Carmel, CA at a Glance
- Total Properties1
- CountryUnited States
