McCordsville, IN Profile: Facts & Data


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McCordsville, Indiana - Basic Facts

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The Town of McCordsville had a population of 9,526 as of July 1, 2022. McCordsville ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for McCordsville is located at latitude 39.9081 and longitude -85.9228 in Hancock County. The formal boundaries for the Town of McCordsville encompass a land area of 4.72 sq. miles and a water area of 0.01 sq. miles. Hancock County is in the Eastern time zone (GMT -5). The elevation is 850 feet.

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

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  1. McCordsville 2022 Demographic Data
  2. Growth Rates for McCordsville (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 - 2022 Demographics

McCordsville, IN Data & Demographics (As of July 1, 2022)


Total Population 9,526 (100%)
Population in Households 9,517 (99.9%)
Population in Families 8,429 (88.5%)
Population in Group Quarters1 9 ( 0.1%)
Population Density 1,334
Diversity Index2 44


Median Household Income $108,170
Average Household Income $134,922
% of Income for Mortgage4 12%
Per Capita Income $47,628
Wealth Index5 130


Total HU (Housing Units) 3,424 (100%)
Owner Occupied HU 3,015 (88.1%)
Renter Occupied HU 300 ( 8.8%)
Vacant Housing Units 109 ( 3.2%)
Median Home Value $254,010
Average Home Value $284,685
Housing Affordability Index3 205


Total Households 3,315
Average Household Size 2.87
Family Households 2,569
Average Family Size 3.00
  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.


2020-2022 2022-2027
Population 4.20% 1.21%
Households 4.37% 1.32%
Families   1.26%
Median Household Income   2.25%
Per Capita Income   2.82%
Owner Occupied HU   1.44%

McCordsville, IN - Peer Comparisons by Rank and Percentile

The table below compares McCordsville to the other 696 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2022 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 # 88 88th
Population Density # 314 55th
Median Household Income # 16 98th
Housing Affordability Index # 401 58th
Per Capita Income # 38 95th
Diversity Index # 77 89th

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

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