Macy, IN Profile: Facts & Data

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Macy, Indiana - Basic Facts

The Town of Macy had a population of 199 as of July 1, 2020. Macy ranks in the lower 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 Macy is located at latitude 40.9592 and longitude -86.1272 in Miami County. The formal boundaries for the Town of Macy encompass a land area of 0.13 sq. miles and a water area of 0 sq. miles. Miami County is in the Eastern time zone (GMT -5). The elevation is 853 feet.

The Town of Macy (GNIS ID: 2396733) 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 Macy is located within Township of Allen, a minor civil division (MCD) of Miami County.

Alternate Unofficial Names for Macy: Lincoln.

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

POPULATION

Total Population 199 (100%)
Population in Households 199 (100.0%)
Population in Families 175 (87.9%)
Population in Group Quarters1 0
Population Density 1,737
Diversity Index2 2
 
 

INCOME

Median Household Income $45,096
Average Household Income $54,058
% of Income for Mortgage4 11%
Per Capita Income $18,992
Wealth Index5 42
 

HOUSING

Total HU (Housing Units) 86 (100%)
Owner Occupied HU 59 (68.6%)
Renter Occupied HU 14 (16.3%)
Vacant Housing Units 12 (14.0%)
Median Home Value $120,455
Average Home Value $151,754
Housing Affordability Index3 243
 

HOUSEHOLDS

Total Households 74
Average Household Size 2.69
Family Households 59
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

2010-2020 2020-2025
Population -0.48% -0.3%
Households -0.26% -0.55%
Families 0.34% -0.34%
Median Household Income   1.28%
Per Capita Income   1.72%
Owner Occupied HU   0.0%

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Macy, IN - Peer Comparisons by Rank and Percentile

The table below compares Macy 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 # 600 12th
Population Density # 189 72nd
Median Household Income # 530 22nd
Housing Affordability Index # 252 37th
Per Capita Income # 645 5th
Diversity Index # 677 0th

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

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