These Are The 10 Richest Cities In Indiana For 2018

Zionsville, St. John, Carmel: These cities aren’t just some of the best places to live in Indiana. They are also home to some of the richest people in the Hoosier State.

Zionsville in particular houses the richest residents in the state thanks, in part, to a median household income of $118,190 and a ridiculously low poverty rate of 2.7%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Indiana share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 120 places in Indiana with more than 5,000 people.

At the end of the day, here’s the set of the 10 richest places in Indiana for 2018:

1. Zionsville (Photos | Homes For Sale)
2. St. John (Photos | Homes For Sale)
3. Carmel (Photos | Homes For Sale)
4. Hunte (Homes For Sale)
5. Winfield (Photos | Homes For Sale)
6. Westfield (Photos | Homes For Sale)
7. Bargersville (Photos | Homes For Sale)
8. Mccordsville (Photos | Homes For Sale)
9. Avon (Photos | Homes For Sale)
10. Brownsburg (Photos | Homes For Sale)

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Indiana.

Rich people not your cup of tea? Feel free to check out the best places to live in Indiana or the poorest.

How We Determined The Richest Places In Indiana For 2018

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 2012-2016 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 120 places with more than 5,000 people in Indiana, we ranked each place from 1 to 120 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, Zionsville, crowned the ‘Richest Place In Indiana For 2018’.

You can learn more about the top ten below or skip to the end to see the rankings for all 120 places.

1. Zionsville

Population: 25,709
Median Income: $118,190
Unemployment Rate: 2.6%
Poverty Rate: 2.7%
More on Zionsville: Homes For Sale | Data
Zionsville is a suburban town located in the extreme southeast area of Boone County, Indiana, United States, northwest of Indianapolis. The population was 14,160 at the 2010 census, and grew to 26,784 in the Census 2016 estimates.

2. St. John

Population: 15,777
Median Income: $98,545
Unemployment Rate: 3.2%
Poverty Rate: 3.0%
More on St. John: Homes For Sale | Data
St. John is a town in Lake County, Indiana, United States. The town of St. John has homes in St. John Township, Hanover Township, and Center Township. St. John was founded in 1837. The population was 14,850 at the 2010 census. In 2009, St. John ranked 48th among CNN’s top 100 places to live in the United States. In 2014, St. John was ranked as the 4th safest place in Indiana by Movoto Real Estate.

3. Carmel

Population: 86,940
Median Income: $106,546
Unemployment Rate: 3.4%
Poverty Rate: 3.6%
More on Carmel: Homes For Sale | Data
Carmel /krml/ is a suburban city in Hamilton County, Indiana, United States, located immediately north of Indianapolis. It has been one of the fastest-growing communities in the country. In 2012, Carmel was selected as the ‘Best Place to Live in the United States’ by CNN Money magazine, and received the same designation by Niche.com in 2017. The population was 79,191 as of the 2010 and was estimated to be 91,065 in 2016 by the US Census Bureau, making it the fifth-largest city in Indiana.

4. Hunte

Population: 5,286
Median Income: $72,292
Unemployment Rate: 2.4%
Poverty Rate: 6.4%
More on Hunte: Homes For Sale | Data

5. Winfield

Population: 5,233
Median Income: $93,571
Unemployment Rate: 4.4%
Poverty Rate: 1.3%
More on Winfield: Homes For Sale | Data

6. Westfield

Population: 34,284
Median Income: $90,048
Unemployment Rate: 3.1%
Poverty Rate: 6.6%
More on Westfield: Homes For Sale | Data
Westfield is a city in Hamilton County, Indiana, United States. As of the 2010 census the population was 30,068, and in 2016 the estimated population was 37,221. Westfield is in the Indianapolis Metropolitan Area.

7. Bargersville

Population: 6,824
Median Income: $72,096
Unemployment Rate: 2.6%
Poverty Rate: 8.3%
More on Bargersville: Homes For Sale | Data
Bargersville is a town in White River and Union townships, Johnson County, Indiana, United States. The population was 4,013 at the 2010 census.

8. Mccordsville

Population: 5,924
Median Income: $92,838
Unemployment Rate: 4.8%
Poverty Rate: 3.1%
More on McCordsville: Homes For Sale | Data
McCordsville is a town in Vernon Township, Hancock County, Indiana, United States. The population was 4,797 at the 2010 census.

9. Avon

Population: 15,712
Median Income: $93,116
Unemployment Rate: 4.8%
Poverty Rate: 3.8%
More on Avon: Homes For Sale | Data
Avon is a town in Washington Township, Hendricks County, Indiana, United States. The population was 12,446 at the 2010 census, and in 2016 the estimated population was 16,960.

10. Brownsburg

Population: 24,072
Median Income: $68,647
Unemployment Rate: 3.7%
Poverty Rate: 4.3%
More on Brownsburg: Homes For Sale | Data
Brownsburg is a town in Hendricks County, Indiana, United States. The population was 21,285 at the 2010 Census, an increase from 14,520 in 2000. As of 2016 the estimated population was 25,408.

There You Have It – The Wealthiest Places In Indiana For 2018

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: Muncie

For more Indiana reading , check out:

10 Best Places To Raise A Family In Indiana

10 Worst Places To Live In Indiana

10 Best Places To Live In Indiana

Detailed List Of The Richest Cities In Indiana

City	Rank	Median Income
Zionsville	1	$118,190
St. John	2	$98,545
Carmel	3	$106,546
Hunte	4	$72,292
Winfield	5	$93,571
Westfield	6	$90,048
Bargersville	7	$72,096
Mccordsville	8	$92,838
Avon	9	$93,116
Brownsburg	10	$68,647
Noblesville	11	$70,276
White	12	$75,183
Schererville	13	$69,525
Jasper	14	$55,209
Highland	15	$62,240
Lebanon	16	$46,943
Dyer	17	$78,043
Batesville	18	$53,183
Winona Lake	19	$57,978
Crown Point	20	$65,968
Sellersburg	21	$65,667
Columbus	22	$56,048
Plainfield	23	$61,410
Franklin	24	$53,207
New Whiteland	25	$57,043
Danville	26	$54,681
Chesterton	27	$72,643
Nappanee	28	$47,546
Yor	29	$55,398
Cumberland	30	$55,610
Munster	31	$70,894
Auburn	32	$45,948
Tipton	33	$42,976
Lowell	34	$63,170
Huntingburg	35	$47,221
Greenwood	36	$53,592
Warsaw	37	$47,434
Clarksville	38	$42,520
Greenfield	39	$52,513
Jeffersonville	40	$51,130
Rensselaer	41	$43,056
Greencastle	42	$45,309
Greensburg	43	$48,906
Ellettsville	44	$45,357
Hobart	45	$59,424
Valparaiso	46	$49,429
Scottsburg	47	$43,870
Seymour	48	$44,143
Charlestown	49	$42,250
Griffith	50	$55,583
Mount Vernon	51	$50,271
Columbia City	52	$43,160
New Haven	53	$46,691
Portage	54	$54,069
Cedar Lake	55	$63,107
Mooresville	56	$51,408
Tell City	57	$42,019
Boonville	58	$40,879
Rochester	59	$39,076
Merrillville	60	$52,428
Monticello	61	$38,403
North Vernon	62	$41,250
Rushville	63	$37,366
Bluffton	64	$38,982
Wabash	65	$41,639
Princeton	66	$39,991
Gas City	67	$41,113
Lawrence	68	$48,650
North Manchester	69	$42,151
Frankfort	70	$40,828
Madison	71	$45,014
Bedford	72	$36,884
Huntington	73	$39,011
Angola	74	$41,729
Goshen	75	$43,820
Fort Wayne	76	$44,449
Decatur	77	$40,840
Garrett	78	$41,971
Mishawaka	79	$38,183
Westville	80	$42,250
Vincennes	81	$36,870
Lafayette	82	$42,641
Shelbyville	83	$42,283
Alexandria	84	$48,672
New Albany	85	$41,456
Speedway	86	$40,499
Indianapolis	87	$43,101
Hartford City	88	$37,034
Crawfordsville	89	$37,319
Evansville	90	$36,330
Kokomo	91	$39,968
Martinsville	92	$40,890
Portland	93	$35,393
Beech Grove	94	$37,951
West Lafayette	95	$28,793
La Porte	96	$37,072
Logansport	97	$34,085
Hammond	98	$41,685
Linton	99	$34,809
Kendallville	100	$37,407