Money Magazine names Carmel best place to launch a career

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Money Magazine has named Carmel the No. 1 “Place to Launch a Career.”

Money used data from its Best Places to Live database of 2,400 municipalities and identified the “best blend of affordability and strong economic performance,” according to the magazine.

Carmel was praised for its many large corporate headquarters and amenities, such as walking trails, restaurants and parks.

Carmel Mayor Jim Brainard said he’s pleased with the ranking, noting that Carmel not only has more than 135 headquarters, but many successful businesses — big and small — that started in Carmel.

“There’s a spirit of entrepreneurism in the city,” he said.

Brainard said Carmel is an inviting environment to start a new company.

“We do have to have some regulations, but we try to cut through the needless ones,” he said.

As far as retail or restaurants, Brainard said Carmel’s growing population makes for a nice customer base.

“If it’s a business that serves the local population, the average income is high and the population is growing,” he said.

In 2018, the data company Niche ranked Carmel as the No. 1 place to live in America.

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