Real Estate details: Carmel IN vs New london CT
RE Insights
| Metric | Carmel | New london |
|---|---|---|
| Population | 101,964 | 27,980 |
| Median Home Price | $396,000 | $258,000 |
| Rent | 25% | 59% |
| Own | 75% | 41% |
Real Estate Insights Comparison: Carmel vs New london
- Carmel has a larger population of 101,964 compared to 27,980 in New london.
- A higher median home price of $396,000 is found in Carmel compared to $258,000 in New london.
- The rent percentage in New london is higher at 59% compared to 25% in Carmel.
- A greater percentage of homeowners in Carmel at 75% compared to 41% in New london.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.