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McCordsville

Learn about the people, housing, costs and businesses in McCordsville, Indiana

Median Home$343,661
Median Rent$1,290/month
Population9,692
Leading IndustriesFinance & Insurance · Education · Information & Media9% finance & insurance
Home Value Growth⬆⬆⬆+41.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners85% of occupied units
NotableHighly Educated42% bachelor's · 12% graduate · top 1% nationally
NotableTransit91/100 · excellent transit access
McCordsville
IN

Frequently Asked Questions

What are today's mortgage rates in McCordsville?

As of today, the 30-year fixed mortgage rate for McCordsville is approximately 6.886% (6.922% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in McCordsville?

The median home value in McCordsville is $344k. The median monthly rent is $1,290. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McCordsville?

Home values in McCordsville have increased 41.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in McCordsville?

Based on a typical all-in ownership cost of $1,577/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McCordsville is $110k/year.

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What industries drive the economy in McCordsville?

The largest employment sectors in McCordsville are public administration (27%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.