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Fortville, IN Profile: Facts & Data

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Fortville, Indiana - Basic Facts

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The Town of Fortville had a population of 4,892 as of July 1, 2021.

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 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.

The Town of Fortville is located within Township of Vernon, a minor civil division (MCD) of Hancock County.

Alternate Unofficial Names for Fortville: Phoebe Forts Corner, Walpole.

Jump to... (On This Page!)
  1. Fortville 2021 Demographic Data
  2. Growth Rates for Fortville (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Indiana Research Tools (Easy Tools & Current Data)
  3. Indiana Data Comparison Tool - 2021 Demographics
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Fortville, IN Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 4,892 (100%)
Population in Households 4,892 (100.0%)
Population in Families 3,952 (80.8%)
Population in Group Quarters1 0
Population Density 1,541
Diversity Index2 17
 
 

INCOME

Median Household Income $54,649
Average Household Income $65,511
% of Income for Mortgage4 12%
Per Capita Income $25,759
Wealth Index5 50
 

HOUSING

Total HU (Housing Units) 2,118 (100%)
Owner Occupied HU 1,323 (62.5%)
Renter Occupied HU 612 (28.9%)
Vacant Housing Units 184 ( 8.7%)
Median Home Value $153,623
Average Home Value $162,651
Housing Affordability Index3 201
 

HOUSEHOLDS

Total Households 1,934
Average Household Size 2.53
Family Households 1,304
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.

GROWTH RATE / YEAR

 2010-2021 2021-2026
Population 1.99% 1.74%
Households 1.98% 1.75%
Families 1.85% 1.65%
Median Household Income   1.66%
Per Capita Income   1.81%
Owner Occupied HU   2.28%

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, 2021 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.

Variable Description Rank Percentile
Total Population # 131 81st
Population Density # 259 62nd
Median Household Income # 359 47th
Housing Affordability Index # 188 28th
Per Capita Income # 410 40th
Diversity Index # 218 68th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

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