Living in McCordsville, Indiana
Cost of living, income, home prices, rent and demographics of McCordsville · Census data 2020–2024
McCordsville has 10,329 residents with a median age of 37.9. The median household income is $110,692 (54% higher than the Indiana median), the median home value is $345,400, the median rent is $1,283/month.
McCordsville at a glance
- Population
- 10,329
- Median age
- 37.9State: 38.1
- Median household income
- $110,692State: $71,957
- Median home value
- $345,400State: $218,200
- Median rent
- $1,283/moState: $1,062
- Homeowners
- 84.7%
- Bachelor's degree or higher
- 57.8%
- Average commute
- 32 min
Is McCordsville a good place to live?
Pros: Median household income 54% higher than the Indiana median; unemployment of 2.4%; a poverty rate of 0.9%.
Cons: Home values 58% higher than the state median; an average commute of 32 minutes.
The weather is best in May–June and August–September.
Cost of living in McCordsville
Housing is the biggest part of the cost of living. In McCordsville the median home value is $345,400, 4% higher than the U.S. median. Renters pay a median of $1,283 per month, which is 27.2% of household income. Homeowners with a mortgage pay $1,774 a month in housing costs.
McCordsville median household income
The median household income in McCordsville is $110,692 and the income per person is $55,630. 0.9% of residents live below the poverty line (Indiana: 12.3%).
Housing in McCordsville: homes for sale and rent
- Housing units
- 4,228
- Owner-occupied
- 84.7%
- Renter-occupied
- 15.3%
- Vacant
- 2.2%Includes seasonal homes
- Median year built
- 2009
- Average household size
- 2.50
McCordsville demographics
- Population
- 10,329
- Median age
- 37.9
- Under 18
- 26%
- 65 and older
- 13.1%
- Households
- 4,136
- Foreign-born
- 4.4%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of McCordsville ›
Education in McCordsville
57.8% of adults 25 and older in McCordsville have a bachelor's degree or higher (Indiana: 29.5%), and 14.5% have a graduate or professional degree.
Jobs and commute in McCordsville
- Unemployment rate
- 2.4%State: 4.3%
- Average commute
- 32 minState: 24 min
- Work from home
- 23.7%
- Drive alone
- 65.9%
- Public transit
- 0%
- Walk to work
- 3.5%
- Homes with broadband
- 96.6%
McCordsville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| McCordsville | 10,329 | $110,692 | $345,400 | $1,283 |
| Fortville | 4,976 | $84,000 | $254,900 | $1,167 |
| Lawrence | 49,517 | $74,022 | $230,100 | $1,178 |
| Fishers | 102,337 | $130,203 | $391,000 | $1,611 |
| Ingalls | 2,512 | $74,236 | $189,900 | $1,379 |
| Cumberland | 6,267 | $87,364 | $239,200 | $1,157 |
| Maxwell | 413 | $75,568 | $225,000 | — |
| Philadelphia | 431 | $24,873 | $214,500 | — |
| Spring Lake | 224 | $50,938 | $169,400 | — |
More for people moving to McCordsville
McCordsville ZIP code ›Weather and climate ›Living in McCordsville: FAQ
What is the median household income in McCordsville, IN?
The median household income in McCordsville is $110,692, 54% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in McCordsville?
The median home value in McCordsville is $345,400, compared with $218,200 in Indiana.
How much is rent in McCordsville?
The median gross rent in McCordsville is $1,283 per month, about 27.2% of household income.
Is McCordsville, IN a good place to live?
Pluses: median household income 54% higher than the Indiana median; unemployment of 2.4%; a poverty rate of 0.9%. Minuses: home values 58% higher than the state median; an average commute of 32 minutes.
What is the median age in McCordsville?
The median age in McCordsville is 37.9 years (Indiana: 38.1).
How long is the commute in McCordsville?
The average commute to work in McCordsville is 32 minutes; 23.7% of workers work from home.
What is the unemployment rate in McCordsville?
The unemployment rate in McCordsville is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is McCordsville?
57.8% of adults in McCordsville have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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