McCordsville, IN Overview

Distinguished as the newest incorporated municipality in the county, McCordsville Town combines a rural, small-town ambiance with rapid economic growth.  This dynamic blend of charm and progress place the community in an ideal position for continued growth and development of residential neighborhoods and service-oriented businesses.  Beautiful homes in established, congenial neighborhoods are one of the magnets to McCordsville. Private pilots can take advantage of Brookside Airport, while commuters will appreciate the major highway and nearby interstate.  Residents of McCordsville can travel to Anderson or Indianapolis in a matter of minutes.  Located in the northwest corner of Hancock County near the shores of scenic Geist Reservoir, the town shares boundaries with Marion and Hamilton counties.  Area youth receive a quality education in the Mount Vernon Community School Corporation.

Summary

Population Growth (since 2000) 310%
Population Density (ppl / mile) 1,287.00
Household Size (ppl) 2.882
Households w/ Children 37%

Housing Stability

Annual Residential Turnover 0%
5+ Years in Residency 40%
Median Year in Residency 3.98

Housing Inventory

McCordsville, IN Housing Inventory 89 386 2,078 2,078 89 386 2,078

Market Overview

112 listings with an estimated median price of $424,990

Price Count
$200K - 300K 9
$300K - 400K 36
$400K - 500K 42
$500K - 600K 16
$600K - 700K 5
$700K - 800K 1
$1M - Max 3
Property Type Count
Single Family 96
Townhouse 11
Commercial 1
Rental 2

(Data as of 4/24/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

McCordsville, IN Population Demographics

Total: 7,102

Households:2,464

Median Age: 37.21

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

McCordsville, IN Temperature

Weather Risk

McCordsville, IN Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

McCordsville, IN Education Climate Index

Highest Education Level Attained

McCordsville, IN Highest Education Level Attained 769 1,082 404 34 0 576 1,549 769 1,082 34 0 576

Employment and Finance

Workforce

McCordsville, IN Workforce

Income by dollar range (Median Income: $90,886)

McCordsville, IN Income by dollar range 7 31 68 39 126 54 16 26 69 177 248 583 462 128 392 22 10 7

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$594
One Bedroom
$689
Two Bedroom
$850
Three Bedroom
$1,140
Four Bedroom
$1,298

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

McCordsville, IN Crime

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