Rocky Ripple, IN Profile: Facts & Data

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Rocky Ripple, Indiana - Basic Facts

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The Town of Rocky Ripple had a population of 586 as of July 1, 2021. Rocky Ripple ranks in the upper quartile for Population Density and 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 Rocky Ripple is located at latitude 39.8481 and longitude -86.1725 in Marion County. The formal boundaries for the Town of Rocky Ripple encompass a land area of 0.3 sq. miles and a water area of 0 sq. miles. Marion County is in the Eastern time zone (GMT -5). The elevation is 705 feet.

The Town of Rocky Ripple 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 Rocky Ripple is located within Township of Washington, a minor civil division (MCD) of Marion County.


Jump to... (On This Page!)
  1. Rocky Ripple 2021 Demographic Data
  2. Growth Rates for Rocky Ripple (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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Rocky Ripple, IN Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 586 (100%)
Population in Households 586 (100.0%)
Population in Families 407 (69.5%)
Population in Group Quarters1 0
Population Density 1,935
Diversity Index2 36
 
 

INCOME

Median Household Income $58,422
Average Household Income $72,047
% of Income for Mortgage4 16%
Per Capita Income $34,011
Wealth Index5 67
 

HOUSING

Total HU (Housing Units) 315 (100%)
Owner Occupied HU 208 (66.0%)
Renter Occupied HU 74 (23.5%)
Vacant Housing Units 33 (10.5%)
Median Home Value $221,371
Average Home Value $254,106
Housing Affordability Index3 146
 

HOUSEHOLDS

Total Households 282
Average Household Size 2.08
Family Households 149
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 -0.3% -0.17%
Households -0.28% -0.14%
Families -0.52% -0.41%
Median Household Income   2.28%
Per Capita Income   2.27%
Owner Occupied HU   0.1%

Rocky Ripple, IN - Peer Comparisons by Rank and Percentile

The table below compares Rocky Ripple 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 # 443 35th
Population Density # 132 81st
Median Household Income # 272 60th
Housing Affordability Index # 71 10th
Per Capita Income # 114 83rd
Diversity Index # 89 87th

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

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