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
| McCordsville | Hancock County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.3% (±6.4 points) | 20.5% (±1.9 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 633 (±271) | 6,855 (±622) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 3,503 (±347) | 26,619 (±661) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 1.8 (±0.3) | 2.0 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 6.5% (±3.6 points) | 15.3% (±6.4 points) | +8.8 percentage points | Measurable 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| McCordsville | — | 15.3% (±6.4 points) | — |
| Vernon Township (Hancock County) | 2.5 mi | 18.3% (±4.9 points) | Not measurably different |
| Fortville | 4.2 mi | 28.9% (±9.4 points) | Higher |
| Lawrence | 4.4 mi | 33.9% (±3.5 points) | Higher |
| Fall Creek Township (Hamilton County) | 4.6 mi | 16.3% (±2.8 points) | Not measurably different |
| Lawrence Township | 5.2 mi | 39.7% (±2.3 points) | Higher |
| Fishers | 5.2 mi | 23.8% (±2.3 points) | Higher |
| Buck Creek Township | 5.3 mi | 15.5% (±4.4 points) | Not measurably different |
| Delaware Township (Hamilton County) | 7.1 mi | 38.6% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 2 | Center Township (Hancock County) | 31.3% (±3.5 points) |
| 3 | Fortville | 28.9% (±9.4 points) |
| 4 | New Palestine | 19.7% (±6.6 points) |
| 5 | Vernon Township (Hancock County) | 18.3% (±4.9 points) |
| 6 | Shirley | 16.5% (±6.3 points) |
| 7 | Buck Creek Township | 15.5% (±4.4 points) |
| 8 | McCordsville | 15.3% (±6.4 points) |
| 9 | Sugar Creek Township (Hancock County) | 15.0% (±2.9 points) |
| 10 | Wilkinson | 11.0% (±11.4 points) |
| 11 | Brown Township (Hancock County) | 5.4% (±3.6 points) |
| 12 | Brandywine Township (Hancock County) | 4.4% (±7.2 points) |
| 13 | Jackson Township (Hancock County) | 3.9% (±5.3 points) |
| 14 | Green 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.
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — McCordsville town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — McCordsville town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — McCordsville town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — McCordsville town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — McCordsville town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
- Housing in McCordsville at a glance
- Median rent in McCordsville
- Rent by bedrooms in McCordsville
- Income and affordability in McCordsville
- Home values in McCordsville
- Homeowner costs in McCordsville
- Property taxes in McCordsville
- Types of homes in McCordsville
- Heating fuel in McCordsville
- Commute and cars in McCordsville
- Crime reported to police in McCordsville
- Population growth in McCordsville
- How long people stay in McCordsville
- Fair Market Rent in McCordsville
- Indiana landlord and tenant rules
- Housing across Hancock County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana