Skip to main content
Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Evansville, IN vs Carmel, 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 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

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

Key Metrics

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

Per Capita Spending by Department

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

Revenue Breakdown (Per Capita)

EvansvilleCarmel
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)

EvansvilleCarmel
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
B
Evansville, IN
Fiscal Health Score: 69/100
Good fiscal health
C
Carmel, IN
Fiscal Health Score: 56/100
Average fiscal health

Compare More Cities

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