Housing data for McCordsville, IN

McCordsville, IN has an estimated 10,329 residents and 4,228 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a town in Hancock County.

15.3% of households rent.

The median gross rent is $1,283 a month.

Its population grew measurably since 2015–2019 (+50.6%).

Figures last updated on .

Residents
10,329 (±96)
Housing units
4,228 (±301)
Households that rent
15.3%
Median gross rent
$1,283
Residents since 2015–2019
+50.6%

What stands out in McCordsville

Homes built before 1980: 14.5% (±8.6 points) in McCordsville, lower than in Hancock County (39.4%).

Median real estate taxes: $2,548 (±$228) in McCordsville, higher than in Hancock County ($1,806).

Working from home: 23.7% (±5.5 points) in McCordsville, higher than in Hancock County (16.0%).

Median home value: $345,400 (±$14,688) in McCordsville, higher than in Hancock County ($274,800).

Housing in McCordsville at a glance

  • Median rent: $1,283 median gross rent a month
  • Rent by bedrooms: $961 median gross rent, 2 bedrooms
  • Rent burden: 36.5% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 15.3% of households rent
  • Income and affordability: $110,692 median household income
  • Home values: $345,400 median home value
  • Homeowner costs: $1,774 median monthly cost with a mortgage
  • Property taxes: $2,548 median real estate taxes a year
  • Types of homes: 7.9% of homes are in buildings of 5 or more units
  • Bedrooms: 83.2% of homes have 3 or more bedrooms (Small sample: wide margin of error)
  • Age of homes: 14.5% of homes were built before 1980 (Small sample: wide margin of error)
  • Vacancy rate: 12.7% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 63.8% heat with utility gas
  • Commute and cars: 31.9 minutes average trip to work
  • Crime reported to police: 127 violent crimes per 100,000 residents
  • Growth: +50.6% residents since 2015–2019
  • How long people stay: 29.0% moved in since 2020
  • Crowding and facilities: 2.0% of homes have more than 1 person per room (Small sample: wide margin of error)
  • Fair Market Rent: $2,090 Small Area FMR, 2 bedrooms (ZIP 46055)

McCordsville against Hancock County, its state and the nation

Estimate (90% margin of error)
McCordsvilleHancock CountyIndianaUnited States
Residents10,329 (±96)84,037 (exact)6,851,073 (exact)334,922,499
Housing units4,228 (±301)34,370 (±115)2,976,568 (±617)143,775,355
Households that rent15.3% (±6.4 points)20.5% (±1.9 points)29.4% (±0.3 points)34.8%
Median gross rent$1,283 (±$481)$1,203 (±$67)$1,062 (±$5)$1,413
Median household income$110,692 (±$5,919)$93,186 (±$2,739)$71,957 (±$352)$80,734
Median home value$345,400 (±$14,688)$274,800 (±$7,160)$218,200 (±$739)$332,700
Median real estate taxes (a year)$2,548 (±$228)$1,806 (±$71)$1,614 (±$9)$3,119
Built before 198014.5% (±8.6 points)39.4% (±2.9 points)55.0% (±0.3 points)49.7%
Average commute31.9 minutes (±5.6)27.7 minutes (±1.0)24.1 minutes (±0.1)26.4 minutes
Households with broadband96.6% (±2.9 points)93.6% (±1.0 points)89.9% (±0.2 points)91.0%
Median age of residents37.9 years (±3.4)40.0 years (±0.5)38.1 years (±0.2)38.9 years

McCordsville covers 8.4 square miles of land, about 1,233 residents per square mile (Census Bureau Gazetteer).

How McCordsville has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents6,857 (±78)10,329 (±96)+50.6%Measurable increase
Housing units2,424 (±173)4,228 (±301)+74.4%Measurable increase
Median gross rent$1,228 (±$1,091)$1,283 (±$481)+4.5%No measurable change after inflation
Median home value$230,000 (±$12,358)$345,400 (±$14,688)+50.2%Up after inflation
Median household income$99,497 (±$10,361)$110,692 (±$5,919)+11.3%No measurable change after inflation
Median owner cost with a mortgage$1,634 (±$129)$1,774 (±$143)+8.6%Down after inflation
Median real estate taxes$2,135 (±$260)$2,548 (±$228)+19.3%No measurable change after inflation
Households that rent6.5% (±3.6 points)15.3% (±6.4 points)+8.8 percentage pointsMeasurable increase
Rental vacancy rate26.8% (±38.5 points)12.7% (±12.9 points)−14.1 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in McCordsville

In 2025, the McCordsville Police Department reported 127 violent and 826 property crimes per 100,000 residents to the FBI.

ZIP codes in McCordsville

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
4605526%16,010$1,650$350,700$113,784

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near McCordsville

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Vernon Township (Hancock County)2.5 mi$1,242$320,20018.3%
Fortville4.2 mi$1,167$254,90028.9%
Lawrence4.4 mi$1,178$230,10033.9%
Fall Creek Township (Hamilton County)4.6 mi$1,750$430,30016.3%
Lawrence Township5.2 mi$1,177$253,30039.7%
Fishers5.2 mi$1,611$391,00023.8%
Buck Creek Township5.3 mi$1,955$275,40015.5%
Delaware Township (Hamilton County)7.1 mi$1,526$328,40038.6%

Places in Indiana most like McCordsville

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Vernon Township (Hancock County)$1,242$320,200$108,37018.3%
St. John Township$1,302$336,900$103,03513.0%
White River Township (Johnson County)$1,340$352,000$105,13018.6%
Liberty Township (Porter County)$1,570$346,200$96,56315.0%
Dyer$1,225$322,200$107,15912.3%
Green Township (Madison County)$1,408$260,700$96,87513.3%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.

HUD Fair Market Rent for McCordsville, fiscal year 2027

Indianapolis-Carmel, IN HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,187$1,336$1,536$1,991$2,425

HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.

HUD income limits for McCordsville, fiscal year 2026

Indianapolis-Carmel, IN HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$23,200$38,650$61,800
2 people$26,500$44,150$70,600
3 people$29,800$49,650$79,450
4 people$33,100$55,150$88,250
5 people$38,680$59,600$95,350
6 people$44,360$64,000$102,400
7 people$50,040$68,400$109,450
8 people$55,720$72,800$116,500

These are the limits HUD sets for its housing programs in the Indianapolis-Carmel, IN HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $110,300.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about McCordsville

What is the average rent in McCordsville, IN?

The Census Bureau publishes the median rather than the average: the median gross rent in McCordsville is $1,283 (±$481) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in McCordsville?

The median gross rent for a one-bedroom home in McCordsville, IN is $1,166 (±$170) a month (2020–2024 American Community Survey).

How many renters are there in McCordsville?

McCordsville has an estimated 633 (±271) renting households, 15.3% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in McCordsville?

The median household income in McCordsville is $110,692 (±$5,919) a year (2020–2024 American Community Survey).

What is the average home value in McCordsville, IN?

The Census Bureau publishes the median: $345,400 (±$14,688) for owner-occupied homes in McCordsville (2020–2024 American Community Survey).

What is the average mortgage payment in McCordsville?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in McCordsville, IN is $1,774 (±$143) a month, including taxes, insurance and utilities.

Is McCordsville growing?

In McCordsville, the number of residents went from 6,857 in 2015–2019 to 10,329 in 2020–2024 (+50.6%), a measurable increase.

What ZIP codes are in McCordsville?

The ZIP code that covers McCordsville is 46055.

What is the median rent in ZIP code 46055?

The median gross rent in ZIP Code Tabulation Area 46055 is $1,650 (±$163) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for McCordsville town, Indiana (place:45648, in state:18).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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