Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
McCordsville is a smaller city located in the state of Indiana. The city has a population of 7,237 residents. If we look at the most recent Census, McCordsville is known to have a predominantly White population. The next two most common races are Black and Asian. If finding a family friendly city is important to you, look no further. With more than 70% of the population considered married and 51% with kids under the age of 18, McCordsville could be considered a very suitable city for families. An important consideration when living in McCordsville is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 34 minutes, far surpassing the national average of 26 minutes.
Living in McCordsville can be a good experience for anyone relocating to the town. Having said that, in the state of Indiana, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in McCordsville and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, cost of living, health & safety and other important metrics.
With a livability score of 67 out of 100, McCordsville is ranked #8,819 in the United States and #181 in Indiana. If we dig down a little deeper into each category within the livability score, we see that McCordsville has higher than average scores for the following: crime (A-), cost of living (B+), education (B-), employment (A+) and housing (A+). There are some categories that McCordsville scores poorly for, including: amenities (F). It might be worth taking a closer look to figure out why.
Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. McCordsville gets top scores for their low violent crime rates of 98 crimes per 100,000 residents, which are significantly lower than the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that McCordsville has an unemployment rate of 2.47% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The McCordsville market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in McCordsville. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in McCordsville are affordable. Median real estate prices in McCordsville come in at $242,900, which is 92% higher than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In McCordsville, the home price to income ratio is 2.6, which is 4% higher than the Indiana average.
Statistic | McCordsville | Indiana | National |
Average one way commute | 34min | 23min | 26min |
Workers who drive to work | 78.8% | 83.0% | 76.4% |
Workers who carpool | 8.1% | 8.9% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.5% | 0.6% |
Workers who walk | 4.2% | 2.1% | 2.8% |
Working from home | 8.9% | 3.5% | 4.6% |