The 10 Richest Cities In Indiana For 2023


We analyzed 121 places in Indiana to determine where the 1% live.

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Want to know where you can rub elbows with Indiana’s finest? You’re in the right spot.

No, you won’t find the richest people in the state’s biggest cities like Indianapolis or Gary. But, today is your lucky day: HomeSnacks knows where Indiana’s richest people live and we’ve created a list of the top ten richest places in The Hoosier State for 2023 and listed them below. However, before you head down to Indiana’s top ten list, we suggest you take a second and read how we identified Indiana’s cream of the crop. First, we took a look at the latest Census data from the American Community Survey for 124 Indiana cities with more than 5,000 residents. One thing we discovered is that Indiana is following the latest trends in terms of population to wealth ratio: basically, the population for every one of the states top ten richest places is on the lower end because these places house the one percent.

Secondly, we looked at median income and unemployment and poverty rates for each and assigned a score. To be honest, if you’re going to live in one of Indiana’s richest places you’re going to need a big bank account and a high paying job. Heck, the median income in these places makes Beverly Hills, California look like the home to the middle class. And in terms of jobs, the highest paying jobs in this flyover state are in healthcare and sales. We just recommend that you steer clear of McCordsville due to their sky high unemployment rate.

So, want to know where the people who can afford to fly first class on the regular live in Indiana? Keep reading.

Here are the 10 richest places in Indiana for 2023:

  1. Hunte
  2. Whitestown
  3. Carmel
  4. Westfield
  5. McCordsville
  6. St. John
  7. Brownsburg
  8. Danville
  9. Yor
  10. Cumberland

If you choose to live in one of Indiana’s richest places, you are choosing to live where people work hard and it shows. And, yes. the neighborhoods in these places are super safe, the schools are producing, and there’s a lot to do. And although Indiana is not currently one of the top ten fastest growing states, once this list gets out, all of that will change. So don’t wait!

So, where is the richest place in Indiana? According to the latest data, that would be Hunte.

To see the other places that made Indiana’s richest list, take a look below. And if you don’t find what you’re looking for there, head to the bottom.

Rich people not your cup of tea? Feel free to check out some more reading about Indiana:

The 10 Richest Cities In Indiana For 2023

1. Hunte

Source: Public Domain
Overall SnackAbility

7
/10

Population: 8,965
Rank Last Year: 1 (No Change)
Median Income: $93,977
Unemployment Rate: 1.4%
Poverty Rate: 1.7%
More on Hunte: Real Estate

2. Whitestown

Whitestown, IN

Overall SnackAbility

8.5
/10

Population: 9,529
Rank Last Year: 5 (Up 3)
Median Income: $102,005
Unemployment Rate: 2.0%
Poverty Rate: 3.6%
More on Whitestown: Real Estate | Photos

3. Carmel

Carmel, IN

Overall SnackAbility

10
/10

Population: 98,137
Rank Last Year: 2 (Down 1)
Median Income: $119,772
Unemployment Rate: 2.7%
Poverty Rate: 3.0%
More on Carmel: Real Estate | Photos

4. Westfield

Westfield, IN

Overall SnackAbility

9.5
/10

Population: 45,695
Rank Last Year: 4 (No Change)
Median Income: $106,777
Unemployment Rate: 2.1%
Poverty Rate: 4.6%
More on Westfield: Real Estate | Photos

5. Mccordsville

Mccordsville, IN

Overall SnackAbility

8.5
/10

Population: 8,629
Rank Last Year: 10 (Up 5)
Median Income: $95,925
Unemployment Rate: 3.0%
Poverty Rate: 3.7%
More on Mccordsville: Real Estate | Photos

6. St. John

St. John, IN

Source: Public domain
Overall SnackAbility

9
/10

Population: 19,805
Rank Last Year: 11 (Up 5)
Median Income: $115,230
Unemployment Rate: 3.8%
Poverty Rate: 2.4%
More on St. John: Real Estate | Photos

7. Brownsburg

Brownsburg, IN

Source: Public domain
Overall SnackAbility

9
/10

Population: 28,420
Rank Last Year: 6 (Down 1)
Median Income: $93,147
Unemployment Rate: 1.8%
Poverty Rate: 6.1%
More on Brownsburg: Real Estate | Photos

8. Danville

Danville, IN

Overall SnackAbility

6
/10

Population: 10,424
Rank Last Year: 7 (Down 1)
Median Income: $83,931
Unemployment Rate: 0.7%
Poverty Rate: 7.0%
More on Danville: Real Estate | Photos

9. Yor

Source: Public Domain
Overall SnackAbility

6
/10

Population: 11,486
Rank Last Year: 18 (Up 9)
Median Income: $76,250
Unemployment Rate: 1.7%
Poverty Rate: 5.4%
More on Yor: Real Estate

10. Cumberland

Cumberland, IN

Source: Public domain
Overall SnackAbility

7
/10

Population: 5,860
Rank Last Year: 8 (Down 2)
Median Income: $73,079
Unemployment Rate: 2.6%
Poverty Rate: 4.1%
More on Cumberland: Real Estate | Photos

Methodology: How We Determined The Richest Places In Indiana For 2023

Map Of The Richest Places To Live In Indiana
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 124 places with more than 5,000 people in Indiana, we ranked each place from 1 to 124 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Hunte, crowned the “Richest City In Indiana For 2023”. You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 124 places.

Summary: The Wealthiest Places In Indiana For 2023

Like we said earlier, when we set out to identify the richest places in Indiana, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Indiana.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Indiana, according to data:

Poorest: Gary
2nd Poorest: Muncie
3rd Poorest: Marion

For more Indiana reading, check out:

Detailed List Of The Richest Cities In Indiana

Rank City RichScore Median Income
1 Hunte 4.67 $93,977
2 Whitestown 7.67 $102,005
3 Carmel 8.33 $119,772
4 Westfield 9.67 $106,777
5 Mccordsville 12.67 $95,925
6 St. John 14.0 $115,230
7 Brownsburg 14.33 $93,147
8 Danville 15.0 $83,931
9 Yor 15.0 $76,250
10 Cumberland 15.67 $73,079
11 Winfield 16.0 $113,352
12 New Whiteland 16.33 $76,338
13 Zionsville 19.0 $141,546
14 Dyer 20.0 $90,848
15 Noblesville 20.67 $89,258
16 Ellettsville 20.67 $68,188
17 Greenwood 24.0 $71,159
18 Cicero 24.0 $65,378
19 Munster 24.33 $96,938
20 Crown Point 24.33 $87,500
21 Avon 28.33 $92,684
22 Porter 29.0 $79,247
23 Greenfield 29.67 $63,952
24 Plainfield 31.0 $68,541
25 Winona Lake 32.67 $70,586
26 Mooresville 34.0 $67,889
27 Lebanon 35.33 $58,412
28 Jeffersonville 38.67 $60,110
29 Jasper 39.67 $59,053
30 Griffith 40.67 $64,265
31 Columbus 41.33 $72,380
32 Charlestown 41.33 $58,987
33 Lowell 44.0 $71,463
34 Schererville 44.33 $77,530
35 Boonville 44.33 $54,174
36 Shelbyville 44.33 $55,950
37 Highland 44.33 $71,246
38 North Manchester 45.67 $60,745
39 Rensselaer 48.0 $51,372
40 Bluffton 49.0 $53,221
41 Greencastle 49.0 $47,091
42 New Haven 49.33 $56,940
43 Cedar Lake 49.67 $73,611
44 Lawrence 50.33 $64,392
45 Greensburg 50.67 $59,174
46 Auburn 52.33 $54,462
47 Garrett 52.33 $56,386
48 Valparaiso 52.67 $56,465
49 Bargersville 53.33 $93,742
50 Princeton 53.67 $50,734
51 Franklin 55.0 $63,518
52 Sellersburg 55.33 $59,130
53 Warsaw 56.67 $55,295
54 Nappanee 57.0 $61,700
55 Martinsville 57.33 $52,599
56 Tipton 58.67 $57,176
57 Chesterton 59.33 $86,098
58 Speedway 60.33 $49,044
59 Batesville 60.67 $69,922
60 Kendallville 61.67 $51,863
61 Rochester 62.33 $55,076
62 Decatur 65.33 $46,466
63 Clarksville 65.67 $49,892
64 Westville 66.0 $53,315
65 Huntington 66.67 $47,232
66 Portage 67.33 $63,550
67 Alexandria 68.67 $53,990
68 Goshen 69.67 $52,215
69 Hobart 70.0 $63,168
70 Wabash 71.0 $47,132
71 Merrillville 72.33 $61,230
72 Tell City 72.33 $46,875
73 Columbia City 72.67 $53,797
74 Madison 73.0 $47,392
75 Frankfort 73.33 $46,236
76 Indianapolis 74.0 $54,321
77 Portland 75.17 $42,668
78 Kokomo 75.33 $51,450
79 Monticello 75.33 $46,847
80 Salem 75.67 $43,021
81 Washington 76.33 $44,622
82 Seymour 76.67 $47,949
83 Huntingburg 76.67 $40,610
84 Lafayette 77.0 $47,690
85 Fort Wayne 77.33 $53,978
86 Rushville 78.33 $54,122
87 New Albany 79.0 $49,429
88 Winchester 79.0 $51,985
89 Mount Vernon 79.0 $53,153
90 Logansport 80.0 $41,905
91 Gas City 80.67 $55,238
92 North Vernon 81.0 $51,303
93 Lawrenceburg 81.33 $28,902
94 Bedford 81.67 $45,208
95 Beech Grove 82.0 $45,345
96 Elwood 84.0 $46,709
97 Brazil 90.0 $46,014
98 Plymouth 90.33 $45,159
99 South Bend 91.67 $46,002
100 New Castle 92.0 $46,112

How Is The Area In ?

Editor’s Note: Data has been updated for 2023. This is our tenth time ranking the richest cities in Indiana.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.