Homecroft, IN Profile: Facts & Data


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Homecroft, Indiana - Basic Facts

The Town of Homecroft had a population of 711 as of July 1, 2020. Homecroft ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Homecroft is located at latitude 39.67 and longitude -86.1314 in Marion County. The formal boundaries for the Town of Homecroft encompass a land area of 0.24 sq. miles and a water area of 0 sq. miles. Marion County is in the Eastern time zone (GMT -5). The elevation is 758 feet.

The Town of Homecroft (GNIS ID: 2396999) 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 Homecroft is located within Township of Perry, a minor civil division (MCD) of Marion County.


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


Total Population 711 (100%)
Population in Households 711 (100.0%)
Population in Families 559 (78.6%)
Population in Group Quarters1 0
Population Density 2,961
Diversity Index2 18


Median Household Income $63,225
Average Household Income $83,714
% of Income for Mortgage4 11%
Per Capita Income $35,475
Wealth Index5 91


Total HU (Housing Units) 323 (100%)
Owner Occupied HU 224 (69.3%)
Renter Occupied HU 79 (24.5%)
Vacant Housing Units 20 ( 6.2%)
Median Home Value $160,174
Average Home Value $169,283
Housing Affordability Index3 241


Total Households 303
Average Household Size 2.35
Family Households 195
Average Family Size 3
  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.


2010-2020 2020-2025
Population -0.15% 0.06%
Households -0.16% 0.0%
Families -0.9% 0.0%
Median Household Income   0.97%
Per Capita Income   1.03%
Owner Occupied HU   -0.09%


Homecroft, IN - Peer Comparisons by Rank and Percentile

The table below compares Homecroft 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.

Variable Description Rank Percentile
Total Population # 409 40th
Population Density # 22 97th
Median Household Income # 165 76th
Housing Affordability Index # 239 35th
Per Capita Income # 71 90th
Diversity Index # 197 71st

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

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