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Demographics
Population
Median Income
Racial Distributions
The zip code 46055 in McCordsville, Indiana, has a racial composition of 82% white as of 2022, categorizing it as having a "White Majority". The area demonstrates "Low Diversity" with minimal representation from other racial groups. The community has a high median income of $112,628, which is above the national average, indicating an affluent suburban area.
Over the past decade, McCordsville has maintained its status as a "White Majority" community, though there have been subtle shifts towards increased diversity. The white population percentage has decreased slightly from 84% in 2013 to 82% in 2022. The black population has increased from 6% in 2013 to 8% in 2022. The Hispanic population has grown from 2% in 2013 to 5% in 2022. The Asian population has remained relatively stable at around 1-2% throughout the decade.
These changes suggest a slow transition towards greater diversity. The area could be classified as a "Transitional Community" due to the gradual increase in minority populations, particularly black and Hispanic residents.
The economic trajectory of McCordsville has been generally positive over the past decade. The median income has risen from $101,180 in 2013 to $112,628 in 2022, an increase of about 11.3% over nine years. The population has grown from 10,054 in 2013 to 15,438 in 2022, an increase of about 53.6%.
The rising median income suggests that the area is attracting affluent residents across all racial groups, potentially contributing to the slow increase in diversity. The significant population growth indicates that McCordsville is an attractive destination for new residents, which may be driving the gradual diversification of the community. The combination of high incomes and population growth suggests a thriving local economy that may be creating opportunities for a more diverse workforce.
The median income of $112,628 in McCordsville is likely above both state and national averages, indicating a particularly affluent community. The gradual increase in diversity aligns with broader national trends of suburban areas becoming more racially diverse over time. The strong population growth (53.6% over nine years) is likely higher than state or national averages, suggesting McCordsville is a particularly attractive area for new residents.
McCordsville remains a predominantly white, affluent community, but shows signs of gradual diversification and strong economic growth. These trends suggest a community in transition, albeit at a slow pace, towards greater racial diversity while maintaining its economic prosperity. The coming years may see this transition accelerate if current demographic and economic trends continue.