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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Carmel, IN vs Evansville, IN

Side-by-side fiscal comparison · U.S. Census Bureau data (2023)

Reviewed by CitySpend Editorial Team · Updated

Carmel, IN and Evansville, IN spend within 13.3% of each other per resident — $16,389 versus $14,467 — so on the headline spending-per-capita measure the two cities are effectively neck and neck.

Evansville, IN holds the stronger Fiscal Health Score, 69/100 (grade B) against 56/100 (grade C) for Carmel, IN — a 13-point spread that puts the two in different grade territory.

On debt, Carmel, IN carries the lighter load at $846 per resident versus $4,624 for Evansville, IN. Both cities pour the most per-resident dollars into the same function: parks and recreation leads in Carmel, IN at $1,484 per resident and in Evansville, IN at $1,054.

They also fund themselves differently: intergovernmental transfers is the largest single revenue source in Carmel, IN at 100% of total revenue, whereas Evansville, IN relies most on other revenue at 10%.

Summary

Carmel spends 13.3% more per capita than Evansville ($1,922/person difference). Evansville, IN has the stronger Fiscal Health Score (B, 69/100).

Fiscal Health Score

City A
Carmel, IN
Pop. 99,453
C
56/100
Budget Balance100
Debt Burden0
Pension Funding76
Spending Efficiency74
Revenue Diversity0
Trend Direction50
City B
Evansville, IN
Pop. 116,906
B
69/100
Budget Balance100
Debt Burden0
Pension Funding76
Spending Efficiency94
Revenue Diversity100
Trend Direction50

Key Metrics

Metric
Carmel
Evansville
Total Spending
$1.6B
$1.7B
Spending / Capita
$16,389
$14,467
Total Revenue
$9.0B
$8.0B
Revenue / Capita
$90,764
$68,209
Total Debt
$84.1M
$540.6M
Debt / Capita
$846
$4,624
Population
99,453
116,906
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Fire Protection
Carmel$166
Evansville$349
Highways & Roads
Carmel$354
Evansville$0
Parks & Recreation
Carmel$1,484
Evansville$1,054
Education
Carmel$0
Evansville$86

Revenue Breakdown (Per Capita)

CarmelEvansville
Property Tax
$0
$109
Sales Tax
$1,264
$395
Income Tax
$0
$578
Intergovernmental
$90,764
$2,427
Charges & Fees
$5,500
$361
Other
$2,404
$6,966

Spending Breakdown (Per Capita)

CarmelEvansville
Fire Protection
$166
$349
Highways & Roads
$354
$0
Education
$0
$86
Public Welfare
$1,885
$234
Hospitals
$1,121
$308
Parks & Recreation
$1,484
$1,054
Housing
$2,696
$2,835
Sewerage
$0
$79
Utilities
$1,251
$5,299
Interest on Debt
$0
$553
Other
$7,432
$3,669
C
Carmel, IN
Fiscal Health Score: 56/100
Average fiscal health
B
Evansville, IN
Fiscal Health Score: 69/100
Good fiscal health

Compare More Cities

Source: Census Annual Survey of State and Local Government Finances, 2026.