Maxwell, IN Profile: Facts & Data

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Maxwell, Indiana - Basic Facts

The Maxwell CDP(1) had a population of 403 as of July 1, 2024.

The primary coordinate point for Maxwell is located at latitude 39.8575 and longitude -85.77 in Hancock County. Hancock County is in the Eastern time zone (GMT -5).

It also has a Functional Status Code of ""

The Maxwell Census Designated Place is located within Township of Center, a minor civil division (MCD) of Hancock County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Maxwell 2024 Demographic Data
  2. Growth Rates for Maxwell (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 - 2024 Demographics
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Maxwell, IN Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 403 (100%)
Population in Households 403 (100.0%)
Population in Families 325 (80.6%)
Population in Group Quarters1 0
Population Density 552
Diversity Index2 19
 
 

INCOME

Median Household Income $74,593
Average Household Income $101,300
% of Income for Mortgage4 24%
Per Capita Income $41,475
Wealth Index5 81
Socioeconomic Status Index6 Moderate (53.6)
 

HOUSING

Total HU (Housing Units) 176 (100%)
Owner Occupied HU 118 (67.0%)
Renter Occupied HU 47 (26.7%)
Vacant Housing Units 11 ( 6.2%)
Median Home Value $285,714
Average Home Value $288,347
Housing Affordability Index3 105
 

HOUSEHOLDS

Total Households 165
Average Household Size 2.44
Family Households 112
Average Family Size 3.00
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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population -0.91% -0.45%
Households -0.70% -0.12%
Families   1.89%
Median Household Income   3.29%
Per Capita Income   3.54%
Owner Occupied HU   0.17%

Maxwell, IN - Peer Comparisons by Rank and Percentile

The table below compares Maxwell to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2024 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 # 528 46th
Population Density # 627 36th
Median Household Income # 430 56th
Housing Affordability Index # 329 34th
Per Capita Income # 253 74th
Diversity Index # 446 54th

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

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