McCordsville, IN
Population 9,700 · Indiana
About McCordsville, IN
McCordsville is a small town located in Indiana with a population of 9,700 residents according to the latest US Census Bureau American Community Survey data. The median household income is $113,495 per year, which is 51% above the national median of $75,149. The median age of 35.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in McCordsville features a median home value of $327,900, which is 34% above the national median of $244,900. This positions McCordsville in a moderately priced market relative to the rest of the country. Median monthly rent is $1,085, 7% below the national average of $1,163/month. Of the 3,787 total housing units, 90% are owner-occupied (3,289 units) and 10% are renter-occupied (383 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in McCordsville shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in McCordsville have an average one-way commute time of 34.1 minutes.
Education & Demographics
56.9% of McCordsville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.9% White, 0.3% Hispanic or Latino, 0.1% Black or African American, and 3.1% Asian residents, with 3.7% of the population being foreign-born.
How McCordsville Ranks in Indiana
Cost of Living in McCordsville, IN
Compared to national averages, McCordsville has a median household income of $113,495 (51% above the national median of $75,149). Home values average $327,900, which is 34% above the national median. Monthly rent at $1,085 is 7% below the US average of $1,163. Within Indiana, McCordsville's income is 64% above the state average of $69,330, and home values are 101% above the state median of $163,409.
Why Live in McCordsville, IN?
McCordsville offers a strong local economy with a median household income of $113,495, well above the national average, and rent that’s lower than the national average at $1,085/month, and a strong job market with an unemployment rate of just 2.6%. Additionally, the city features a well-educated community where 56.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.7%, better than the national average.
McCordsville has a population of 9,700 with a median age of 35.3 years. Compare McCordsville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near McCordsville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Decatur | 9,769 | $58,867 | $132,900 | Compare |
| Mooresville | 9,608 | $70,228 | $194,300 | Compare |
| Greencastle | 9,863 | $54,217 | $154,000 | Compare |
| Columbia City | 9,975 | $65,000 | $184,300 | Compare |
| Angola | 9,383 | $59,355 | $186,900 | Compare |
| Kendallville | 10,094 | $60,909 | $130,600 | Compare |
| Bargersville | 10,163 | $104,160 | $405,100 | Compare |
| Sellersburg | 10,215 | $69,851 | $213,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare McCordsville With Other Cities
Frequently Asked Questions about McCordsville
What is the population of McCordsville, IN?
The population of McCordsville, IN is 9,700 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in McCordsville?
The median household income in McCordsville, IN is $113,495 per year, which is 51% above the national median of $75,149.
What is the median home value in McCordsville?
The median home value in McCordsville, IN is $327,900, which is 34% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in McCordsville?
The median monthly rent in McCordsville, IN is $1,085, which is 7% below the national average of $1,163/month.
What is the unemployment rate in McCordsville?
The unemployment rate in McCordsville, IN is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is McCordsville, IN a good place to live?
McCordsville offers above-average incomes, a competitive housing market, and a strong job market. With a population of 9,700 and a median age of 35.3, the city appeals to a broad range of residents.
How educated is McCordsville, IN?
56.9% of residents in McCordsville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in McCordsville?
Key cost-of-living indicators for McCordsville, IN: median home value is $327,900 (34% above national), median rent is $1,085/month, and median household income is $113,495. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in McCordsville?
The poverty rate in McCordsville, IN is 1.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is McCordsville, IN?
McCordsville's population is 0.9% White, 0.3% Hispanic or Latino, 0.1% Black or African American, 3.1% Asian, and 14.6% two or more races. 3.7% of residents are foreign-born.