McCordsville is a small town in Indiana, located about 20 miles northeast of Indianapolis. It is known for its friendly atmosphere and sense of community, as well as its affordable housing options. The average two bedroom rent in McCordsville is $1,250 compared to the national average of $1,430. Additionally, the grocery cost index in McCordsville is just 99 compared to 100 nationally. As such, residents of McCordsville benefit from a high quality of life at an affordable cost. Some local businesses and attractions include Fields Home Center Hardware, Retro 101 Vintage Marketplace, and Cool Creek Park & Nature Center which offer a range of activities including outdoor recreation and shopping opportunities.
McCordsville has an unemployment rate of 3.5%. The US average is 6.0%.
McCordsville has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for McCordsville
- The Sales Tax Rate for McCordsville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for McCordsville is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for McCordsville
- The average income of a McCordsville resident is $38,739 a year. The US average is $28,555 a year.
- The Median household income of a McCordsville resident is $95,925 a year. The US average is $69,021 a year.