Fortville, IN Profile: Facts & Data

The primary coordinate point for Fortville is located at latitude 39.9323 and longitude -85.848 in Hancock County. The formal boundaries for the Town of Fortville encompass a land area of 2.9 sq. miles and a water area of 0.01 sq. miles. Hancock County is in the Eastern time zone (GMT -5). The elevation is 856 feet.

The Town of Fortville (GNIS ID: 2396943) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Fortville, IN Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	4,761 (100%)
Population in Households	4,761 (100.0%)
Population in Families	3,853 (80.9%)
Population in Group Quarters¹	0
Population Density	1,499
Diversity Index²	16


INCOME
Median Household Income	$55,217
Average Household Income	$64,464
% of Income for Mortgage⁴	10%
Per Capita Income	$25,343
Wealth Index⁵	51

HOUSING
Total HU (Housing Units)	2,040 (100%)
Owner Occupied HU	1,302 (63.8%)
Renter Occupied HU	580 (28.4%)
Vacant Housing Units	158 ( 7.7%)
Median Home Value	$132,019
Average Home Value	$142,249
Housing Affordability Index³	238

HOUSEHOLDS
Total Households	1,882
Average Household Size	2.53
Family Households	1,278
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Fortville, IN - Peer Comparisons by Rank and Percentile

The table below compares Fortville to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	1.92%	0.87%
Households	1.91%	0.89%
Families	1.83%	0.76%
Median Household Income		0.35%
Per Capita Income		1.03%
Owner Occupied HU		0.77%

Variable Description	Rank	Percentile
Total Population	# 135	80th
Population Density	# 264	61st
Median Household Income	# 305	55th
Housing Affordability Index	# 232	34th
Per Capita Income	# 370	46th
Diversity Index	# 231	67th

Fortville, IN Profile: Facts & Data

Fortville, Indiana - Basic Facts

Fortville, IN Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fortville, IN - Peer Comparisons by Rank and Percentile

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