McCordsville, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, McCordsville, Indiana had a total population of 10,329, the 85th largest town in Indiana, with a median household income of $110,692, which is 54% higher than the state average. The poverty rate is 0.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 54% above the state average — one of the wealthiest communities in Indiana.
- An exceptionally low poverty rate of 0.9% — among the lowest in Indiana.
- 57.8% of adults hold a bachelor's degree or higher — top 10% in Indiana.
- Near full employment with an unemployment rate of just 2.4%.
McCordsville Quick Facts
How McCordsville Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 9,700 | 10,329 | +6.5% |
| Median household income | $113,495 | $110,692 | -2.5% |
| Median home value | $327,900 | $345,400 | +5.3% |
How McCordsville Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
McCordsville Rankings in Indiana
Explore Indiana Rankings
Other Cities in Hancock County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Greenfield | 24,940 | $76,127 | 5.3% | $216,400 |
| Fortville | 4,976 | $84,000 | 5.1% | $254,900 |
| New Palestine | 3,227 | $96,923 | 5.7% | $357,500 |
| Shirley | 1,022 | $67,083 | 9.4% | $113,100 |
| Wilkinson | 385 | $81,250 | 4.7% | $133,700 |
| Spring Lake | 224 | $50,938 | 0.9% | $169,400 |
Cities Similar to McCordsville
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Bargersville | 10,752 | $114,231 | $438,900 | 44.1% | 11.9% |
| Huntertown | 11,379 | $109,432 | $298,200 | 44.3% | 3.2% |
| Danville | 11,714 | $97,083 | $298,200 | 37.1% | 3.5% |
| Lowell | 11,073 | $84,024 | $248,000 | 24.3% | 5.5% |
| Sellersburg | 10,137 | $72,179 | $231,500 | 33.1% | 6.9% |
Population Overview
McCordsville is a small city located in Indiana, within Hancock County. The total population is 10,329. It ranks as the 85th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in McCordsville is 37.9 years. This is about the same as the state median of 38.1 years.
Economy, Income & Housing
The median household income in McCordsville is $110,692. This is 54% higher than the state median of $71,957. It is also 37% higher than the national median of $80,734. The poverty rate stands at 0.9%. This is 93% lower than the state poverty rate of 12.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.4%. This is 44% lower than the state rate of 4.3%. The median home value is $345,400. Housing costs are 58% higher than the state median of $218,200. The home-value-to-income ratio is 3.1x. 84.7% of occupied housing units are owner-occupied. This homeownership rate is 20% higher than the state average of 70.5%.
Race & Ethnicity
The largest racial or ethnic group in McCordsville is White (non-Hispanic), making up 79.7% of the population. Black or African American residents account for 10.2%. The Hispanic or Latino population (3.8%) is well below the state average of 8.6%.
Education
57.8% of residents aged 25 and older hold a bachelor's degree or higher. This places McCordsville in the top 10% of all cities in the state for educational attainment. This is 96% higher than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.1%.
Data Sources & Methodology
All demographic data for McCordsville, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of McCordsville, Indiana?
McCordsville, Indiana has a population of 10,329 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in McCordsville, IN?
The median household income in McCordsville is $110,692, which is 37% higher than the national median of $80,734.
What is the poverty rate in McCordsville, IN?
The poverty rate in McCordsville is 0.9%. This means approximately 88 residents live below the federal poverty line.
What is the racial makeup of McCordsville, Indiana?
McCordsville's population is 79.7% White, 10.2% Black, 3.8% Hispanic/Latino, and 2.1% Asian.
What is the median home value in McCordsville, IN?
The median home value in McCordsville is $345,400. The home-value-to-income ratio is 3.1x.
How educated is McCordsville, Indiana?
57.8% of adults (25+) in McCordsville hold a bachelor's degree or higher, and 14.5% hold a graduate or professional degree.