What percentage of people rent in McCordsville, IN?

15.3% (±6.4 points) of the occupied homes in McCordsville, IN are rented (2020–2024 American Community Survey).

That is 633 renting households against 3,503 that own their home.

In McCordsville, the share of households that rent went from 6.5% in 2015–2019 to 15.3% in 2020–2024 (+8.8 percentage points), a measurable increase.

Figures last updated on .

Households that rent
15.3% (±6.4 points)
Renting households
633 (±271)
Median renter income
$73,267 (±$8,271)

Who rents and who owns in McCordsville

Tenure, estimate (90% margin of error)
McCordsvilleHancock CountyIndianaUnited States
Renter-occupied share15.3% (±6.4 points)20.5% (±1.9 points)29.4% (±0.3 points)34.8%
Renting households633 (±271)6,855 (±622)799,766 (±7,038)45,017,354
Owning households3,503 (±347)26,619 (±661)1,916,243 (±9,865)84,210,142
Average renter household size1.8 (±0.3)2.0 (±0.1)2.2 (±0.0)2.3
Average owner household size2.6 (±0.2)2.6 (±0.0)2.6 (±0.0)2.6
Median renter household income$73,267 (±$8,271)$59,430 (±$10,442)$42,811 (±$480)$52,966
Median owner household income$120,515 (±$17,348)$108,966 (±$3,934)$87,459 (±$395)$100,009

In McCordsville, the renter share is not measurably different from Hancock County (20.5%).

It is also lower than in Indiana (29.4%).

It is lower than the national figure (34.8%).

In Hancock County, McCordsville ranks 8 of 16 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 945 of 1,600.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in McCordsville has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent6.5% (±3.6 points)15.3% (±6.4 points)+8.8 percentage pointsMeasurable increase
Median gross rent$1,228 (±$1,091)$1,283 (±$481)+4.5%No measurable change after inflation
Median household income$99,497 (±$10,361)$110,692 (±$5,919)+11.3%No measurable change after inflation

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.

Households that rent in places near McCordsville

Nearest places with a published estimate, compared with McCordsville
PlaceDistanceHouseholds that rentCompared with this place
McCordsville—15.3% (±6.4 points)—
Vernon Township (Hancock County)2.5 mi18.3% (±4.9 points)Not measurably different
Fortville4.2 mi28.9% (±9.4 points)Higher
Lawrence4.4 mi33.9% (±3.5 points)Higher
Fall Creek Township (Hamilton County)4.6 mi16.3% (±2.8 points)Not measurably different
Lawrence Township5.2 mi39.7% (±2.3 points)Higher
Fishers5.2 mi23.8% (±2.3 points)Higher
Buck Creek Township5.3 mi15.5% (±4.4 points)Not measurably different
Delaware Township (Hamilton County)7.1 mi38.6% (±3.1 points)Higher

Nearby places with a measurably higher figure: Fortville, IN (28.9%), Lawrence, IN (33.9%), Lawrence Township, IN (39.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Hancock County, place by place

RankPlaceHouseholds that rent
2Center Township (Hancock County)31.3% (±3.5 points)
3Fortville28.9% (±9.4 points)
4New Palestine19.7% (±6.6 points)
5Vernon Township (Hancock County)18.3% (±4.9 points)
6Shirley16.5% (±6.3 points)
7Buck Creek Township15.5% (±4.4 points)
8McCordsville15.3% (±6.4 points)
9Sugar Creek Township (Hancock County)15.0% (±2.9 points)
10Wilkinson11.0% (±11.4 points)
11Brown Township (Hancock County)5.4% (±3.6 points)
12Brandywine Township (Hancock County)4.4% (±7.2 points)
13Jackson Township (Hancock County)3.9% (±5.3 points)
14Green Township (Hancock County)2.5% (±2.8 points)

Showing 13 of 16 places in Hancock County, ranked from highest to lowest.

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

Margins of error are at the 90% confidence level.

What you can do on Seayora in McCordsville

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Questions about McCordsville

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).

Is renting growing in McCordsville?

In McCordsville, the share of households that rent went from 6.5% in 2015–2019 to 15.3% in 2020–2024 (+8.8 percentage points), a measurable increase.

How big are renting households in McCordsville?

A renting household in McCordsville has 1.8 people on average, against 2.6 in an owned home.

How much do renters earn in McCordsville?

The median renting household in McCordsville, IN has an income of $73,267 (±$8,271) a year, against $120,515 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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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