Evansville, IN vs Carmel, IN
Side-by-side fiscal comparison · U.S. Census Bureau data (2023)
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 Evansville, IN at $1,054 per resident and in Carmel, IN at $1,484.
They also fund themselves differently: other revenue is the largest single revenue source in Evansville, IN at 10% of total revenue, whereas Carmel, IN relies most on intergovernmental transfers at 100%.
Summary
Carmel spends 11.7% more per capita than Evansville ($1,922/person difference). Evansville, IN has the stronger Fiscal Health Score (B, 69/100).
Fiscal Health Score
Key Metrics
Per Capita Spending by Department
Revenue Breakdown (Per Capita)
| Property Tax | $109 | $0 |
| Sales Tax | $395 | $1,264 |
| Income Tax | $578 | $0 |
| Intergovernmental | $2,427 | $90,764 |
| Charges & Fees | $361 | $5,500 |
| Other | $6,966 | $2,404 |
Spending Breakdown (Per Capita)
| Fire Protection | $349 | $166 |
| Highways & Roads | $0 | $354 |
| Education | $86 | $0 |
| Public Welfare | $234 | $1,885 |
| Hospitals | $308 | $1,121 |
| Parks & Recreation | $1,054 | $1,484 |
| Housing | $2,835 | $2,696 |
| Sewerage | $79 | $0 |
| Utilities | $5,299 | $1,251 |
| Interest on Debt | $553 | $0 |
| Other | $3,669 | $7,432 |
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Source: Census Annual Survey of State and Local Government Finances, 2026.