The 10 Richest Cities In Indiana For 2021


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

Editor’s Note: Data has been updated for 2021. This is our seventh time ranking the richest cities in Indiana.

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 2021 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 117 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 2021:

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

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 McCordsville.

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 2021

1. Mccordsville

Mccordsville, IN

Overall SnackAbility

7
/10

Population: 6,857
Rank Last Year: 1 (No Change)
Median Income: $99,497
Unemployment Rate: 1.1%
Poverty Rate: 3.8%
More on Mccordsville: Real Estate | Photos

2. Hunte

Source: Public Domain
Overall SnackAbility

6
/10

Population: 6,789
Rank Last Year: 4 (Up 2)
Median Income: $79,375
Unemployment Rate: 1.7%
Poverty Rate: 3.0%
More on Hunte: Real Estate

3. Carmel

Carmel, IN

Overall SnackAbility

10
/10

Population: 97,464
Rank Last Year: 2 (Down 1)
Median Income: $112,765
Unemployment Rate: 2.5%
Poverty Rate: 3.5%
More on Carmel: Real Estate | Photos

4. Zionsville

Zionsville, IN

Source: Public domain
Overall SnackAbility

10
/10

Population: 27,463
Rank Last Year: 3 (Down 1)
Median Income: $137,377
Unemployment Rate: 2.5%
Poverty Rate: 3.7%
More on Zionsville: Real Estate | Photos

5. Whitestown

Whitestown, IN

Overall SnackAbility

9
/10

Population: 8,312
Rank Last Year: 8 (Up 3)
Median Income: $85,000
Unemployment Rate: 2.2%
Poverty Rate: 5.0%
More on Whitestown: Real Estate | Photos

6. New Whiteland

Overall SnackAbility

9
/10

Population: 6,051
Rank Last Year: 10 (Up 4)
Median Income: $70,975
Unemployment Rate: 1.7%
Poverty Rate: 5.2%
More on New Whiteland: Real Estate

7. Westfield

Westfield, IN

Overall SnackAbility

6
/10

Population: 39,610
Rank Last Year: 7 (No Change)
Median Income: $98,376
Unemployment Rate: 2.8%
Poverty Rate: 6.0%
More on Westfield: Real Estate | Photos

8. Brownsburg

Brownsburg, IN

Overall SnackAbility

8.5
/10

Population: 26,046
Rank Last Year: 14 (Up 6)
Median Income: $78,877
Unemployment Rate: 3.0%
Poverty Rate: 3.5%
More on Brownsburg: Real Estate | Photos

9. Danville

Danville, IN

Overall SnackAbility

6
/10

Population: 9,923
Rank Last Year: 13 (Up 4)
Median Income: $77,806
Unemployment Rate: 2.1%
Poverty Rate: 7.1%
More on Danville: Real Estate | Photos

10. St. John

St. John, IN

Source: Public domain
Overall SnackAbility

10
/10

Population: 17,426
Rank Last Year: 6 (Down 4)
Median Income: $105,852
Unemployment Rate: 4.3%
Poverty Rate: 3.2%
More on St. John: Real Estate | Photos

How We Determined The Richest Places In Indiana For 2021

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 2015-2019 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 117 places with more than 5,000 people in Indiana, we ranked each place from 1 to 117 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, McCordsville, crowned the "Richest City In Indiana For 2021". 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 117 places.

There You Have It - The Wealthiest Places In Indiana For 2021

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: East Chicago
3rd Poorest: Marion

For more Indiana reading, check out:

Detailed List Of The Richest Cities In Indiana

Rank City RichScore Median Income
1 Mccordsville 5.67 $99,497
2 Hunte 6.67 $79,375
3 Carmel 7.33 $112,765
4 Zionsville 7.67 $137,377
5 Whitestown 10.0 $85,000
6 New Whiteland 12.67 $70,975
7 Westfield 13.0 $98,376
8 Brownsburg 13.33 $78,877
9 Danville 14.67 $77,806
10 St. John 16.67 $105,852
11 Bargersville 17.0 $87,763
12 Noblesville 17.33 $82,218
13 Cumberland 19.0 $69,711
14 Munster 19.33 $84,254
15 Winfield 21.67 $105,214
16 Crown Point 21.67 $76,927
17 Schererville 22.67 $72,035
18 Dyer 23.67 $84,202
19 Greenwood 24.33 $63,474
20 Lebanon 24.67 $53,020
21 Jasper 25.67 $57,062
22 Nappanee 27.67 $55,125
23 Yor 28.67 $65,395
24 Griffith 29.67 $65,534
25 Highland 33.0 $67,281
26 Rochester 33.67 $51,389
27 Plainfield 34.67 $61,046
28 Greensburg 34.67 $54,099
29 Greenfield 36.0 $53,270
30 Avon 36.67 $94,213
31 Greencastle 37.67 $47,471
32 Angola 38.0 $47,878
33 Franklin 39.33 $59,930
34 Garrett 41.0 $46,540
35 Lowell 41.0 $67,148
36 Rensselaer 41.0 $48,162
37 Sellersburg 41.33 $62,618
38 Columbus 42.0 $63,405
39 Ellettsville 43.33 $51,947
40 Valparaiso 43.67 $59,533
41 Chesterton 45.0 $73,977
42 Boonville 45.0 $43,060
43 North Vernon 47.0 $49,178
44 Princeton 47.33 $47,091
45 Batesville 49.0 $55,839
46 Jeffersonville 49.33 $56,223
47 Warsaw 50.33 $55,982
48 Clarksville 50.67 $45,440
49 Cedar Lake 51.67 $65,322
50 Charlestown 52.67 $45,278
51 Shelbyville 54.0 $52,901
52 Bluffton 54.0 $47,593
53 Portage 55.0 $58,486
54 Decatur 55.33 $45,149
55 Mooresville 55.33 $56,455
56 Scottsburg 55.67 $42,064
57 Tell City 55.67 $44,809
58 Lawrence 58.0 $56,819
59 Huntington 58.67 $43,955
60 Goshen 59.0 $48,626
61 Auburn 59.33 $50,180
62 Merrillville 59.67 $60,803
63 New Albany 59.67 $48,734
64 Hobart 60.0 $58,829
65 Columbia City 61.0 $47,075
66 New Haven 61.0 $51,306
67 Fort Wayne 64.33 $49,411
68 Kendallville 64.67 $43,073
69 Monticello 64.67 $43,182
70 Westville 65.0 $50,031
71 Huntingburg 65.33 $41,880
72 North Manchester 66.0 $52,319
73 Bedford 69.0 $43,700
74 Portland 69.33 $38,281
75 Lafayette 69.33 $46,374
76 Rushville 69.67 $48,648
77 Wabash 70.33 $44,973
78 Mishawaka 71.33 $43,248
79 Seymour 72.67 $44,944
80 Mount Vernon 74.0 $52,031
81 Crawfordsville 75.0 $44,077
82 Speedway 76.67 $42,188
83 Indianapolis 77.0 $47,873
84 Kokomo 78.0 $45,797
85 Brazil 79.0 $43,428
86 Frankfort 80.67 $41,120
87 Beech Grove 82.67 $43,802
88 Logansport 83.33 $37,670
89 Elwood 84.33 $41,777
90 Washington 85.67 $41,824
91 West Lafayette 86.33 $34,650
92 Madison 87.33 $40,231
93 Vincennes 88.0 $38,412
94 Martinsville 89.33 $44,898
95 Hammond 91.0 $46,406
96 Evansville 92.67 $40,178
97 La Porte 93.33 $41,231
98 Salem 94.0 $36,339
99 Richmond 94.33 $39,724
100 Hartford City 94.33 $34,850

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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.

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