Want to know where you can rub elbows with Indiana’s finest? You’re in the right spot.
You won’t find the richest people in the state’s biggest cities like Indianapolis or Gary. But today is your lucky day. We know where Indiana’s richest people live, and we’ve created a list of the top ten richest places in The Hoosier State for 2024.
We identified Indiana’s cream of the crop by looking at the latest Census and Zillow data on incomes and home prices. We limited the analysis to 159 Indiana cities with more than 3,000 residents.
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. 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.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In Indiana For 2024
The neighborhoods in these places are super safe, the schools are producing, and there’s plenty 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.
Where is the richest place in Indiana? According to the latest data, the richest place in Indiana is Zionsville.
Want to know where the people who can afford to fly first class on the regular live in Indiana? Keep reading.
Rich people not your cup of tea? Feel free to check out some more reading about Indiana:
The 10 Richest Cities In Indiana For 2024
1. Zionsville
/10
Population: 30,832
Median Income: $152,788
Median Home Values: $571,985
More on Zionsville: Data | Crime | Cost Of Living | Real Estate
2. Carmel
/10
Population: 99,453
Median Income: $132,859
Median Home Values: $519,540
More on Carmel: Data | Crime | Cost Of Living | Real Estate
3. Winfield
/10
Population: 7,219
Median Income: $124,091
Median Home Values: $472,135
More on Winfield: Data | Cost Of Living | Real Estate
4. St. John
/10
Population: 20,727
Median Income: $123,799
Median Home Values: $429,337
More on St. John: Data | Crime | Cost Of Living | Real Estate
5. Westfield
/10
Population: 48,262
Median Income: $117,519
Median Home Values: $431,094
More on Westfield: Data | Crime | Cost Of Living | Real Estate
6. Whitestown
/10
Population: 10,253
Median Income: $113,000
Median Home Values: $354,378
More on Whitestown: Data | Crime | Cost Of Living | Real Estate
7. Bargersville
/10
Population: 9,520
Median Income: $102,045
Median Home Values: $413,710
More on Bargersville: Data | Crime | Cost Of Living | Real Estate
8. Pittsboro
/10
9. McCordsville
/10
Population: 9,098
Median Income: $103,539
Median Home Values: $349,911
More on Mccordsville: Data | Crime | Cost Of Living | Real Estate
10. Noblesville
/10
Population: 70,442
Median Income: $99,458
Median Home Values: $358,434
More on Noblesville: Data | Crime | Cost Of Living | Real Estate
Methodology: How We Determined The Richest Places In Indiana For 2024
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying 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 2018-2022 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 159 places with more than 3,000 people in Indiana, we ranked each place from 1 to 159 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 City In Indiana For 2024.”
The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Indiana.
You can skip to the end to see the rankings for all 159 places.
Summary: The Wealthiest Places In Indiana For 2024
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.
The richest cities in Indiana are Zionsville, Carmel, Winfield, St. John, Westfield, Whitestown, Bargersville, Pittsboro, McCordsville, and Noblesville.
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: Union City
2nd Poorest: Gary
3rd Poorest: Hartford City
For more Indiana reading, check out:
Detailed List Of The Richest Cities In Indiana
| Rank | City | RichScore | Median Income | Average Home Price |
|---|---|---|---|---|
| 1 | Zionsville | 1.0 | $152,788 | $571,985 |
| 2 | Carmel | 2.0 | $132,859 | $519,540 |
| 3 | Winfield | 3.0 | $124,091 | $472,135 |
| 4 | St. John | 4.5 | $123,799 | $429,337 |
| 5 | Westfield | 5.0 | $117,519 | $431,094 |
| 6 | Whitestown | 8.0 | $113,000 | $354,378 |
| 7 | Bargersville | 8.5 | $102,045 | $413,710 |
| 8 | Pittsboro | 9.0 | $118,750 | $340,031 |
| 9 | Mccordsville | 9.5 | $103,539 | $349,911 |
| 10 | Noblesville | 11.0 | $99,458 | $358,434 |
| 11 | Dyer | 15.0 | $98,631 | $338,390 |
| 12 | Munster | 15.0 | $101,851 | $329,921 |
| 13 | Brownsburg | 15.0 | $101,883 | $329,814 |
| 14 | Avon | 16.0 | $98,162 | $337,215 |
| 15 | Crown Point | 17.0 | $92,810 | $333,979 |
| 16 | Leo-Cedarville | 18.5 | $101,042 | $316,431 |
| 17 | Georg | 19.5 | $105,368 | $296,337 |
| 18 | Middlebury | 20.0 | $78,056 | $346,684 |
| 19 | Danville | 23.0 | $90,686 | $301,935 |
| 20 | Chesterton | 24.5 | $90,753 | $298,561 |
| 21 | Schererville | 24.5 | $79,662 | $326,976 |
| 22 | Cedar Lake | 25.0 | $84,444 | $299,808 |
| 23 | Hunte | 25.5 | $102,067 | $282,053 |
| 24 | Pendleton | 26.0 | $81,413 | $301,763 |
| 25 | Plainfield | 28.0 | $77,249 | $310,684 |
| 26 | Lowell | 29.5 | $77,375 | $299,747 |
| 27 | Greenwood | 30.0 | $75,398 | $308,640 |
| 28 | Syracuse | 33.0 | $66,027 | $340,833 |
| 29 | Cicero | 34.0 | $63,288 | $356,053 |
| 30 | Whiteland | 34.0 | $85,351 | $262,844 |
| 31 | Fortville | 34.0 | $79,806 | $279,914 |
| 32 | Cumberland | 34.5 | $83,718 | $274,160 |
| 33 | Batesville | 36.5 | $72,794 | $288,093 |
| 34 | Winona Lake | 37.5 | $77,305 | $274,389 |
| 35 | Hebron | 38.0 | $70,500 | $295,076 |
| 36 | Porter | 38.0 | $77,222 | $278,522 |
| 37 | Ellettsville | 39.5 | $79,455 | $254,601 |
| 38 | Mooresville | 41.5 | $68,089 | $287,287 |
| 39 | Newburgh | 43.5 | $67,772 | $285,612 |
| 40 | Charlestown | 44.5 | $66,285 | $286,380 |
| 41 | Franklin | 45.0 | $72,344 | $255,388 |
| 42 | Sellersburg | 45.0 | $67,230 | $284,292 |
| 43 | Columbus | 45.5 | $75,114 | $251,458 |
| 44 | Portage | 46.5 | $71,317 | $252,850 |
| 45 | Valparaiso | 46.5 | $59,943 | $328,211 |
| 46 | Lawrence | 47.5 | $70,762 | $252,234 |
| 47 | Nappanee | 47.5 | $68,750 | $258,421 |
| 48 | Highland | 49.0 | $74,991 | $244,111 |
| 49 | Greenfield | 51.5 | $69,571 | $247,376 |
| 50 | Griffith | 53.0 | $74,350 | $230,174 |
| 51 | Westville | 53.0 | $57,889 | $328,475 |
| 52 | New Whiteland | 54.5 | $83,958 | $210,861 |
| 53 | Greendale | 55.0 | $70,668 | $235,154 |
| 54 | De Motte | 59.5 | $64,415 | $238,573 |
| 55 | Angola | 59.5 | $58,627 | $284,037 |
| 56 | Lebanon | 59.5 | $63,125 | $248,292 |
| 57 | Hobart | 60.5 | $69,398 | $220,976 |
| 58 | Bremen | 60.5 | $63,179 | $245,525 |
| 59 | Jeffersonville | 61.0 | $67,566 | $226,995 |
| 60 | Sheridan | 62.0 | $58,021 | $283,566 |
| 61 | Yor | 62.5 | $76,915 | $207,624 |
| 62 | Jasper | 65.5 | $62,657 | $236,375 |
| 63 | Columbia City | 67.0 | $58,019 | $256,029 |
| 64 | Martinsville | 67.0 | $57,383 | $264,822 |
| 65 | Greensburg | 70.0 | $61,864 | $224,682 |
| 66 | Warsaw | 70.0 | $57,931 | $251,585 |
| 67 | Merrillville | 70.0 | $62,221 | $221,307 |
| 68 | Auburn | 70.5 | $58,635 | $242,744 |
| 69 | Upland | 72.5 | $67,813 | $201,282 |
| 70 | Tipton | 74.0 | $64,167 | $202,929 |
| 71 | New Haven | 74.0 | $63,744 | $208,336 |
| 72 | Fort Branch | 75.5 | $64,034 | $201,881 |
| 73 | Indianapolis | 76.0 | $59,110 | $218,415 |
| 74 | Corydon | 79.5 | $54,125 | $246,289 |
| 75 | La Porte | 80.0 | $55,031 | $240,496 |
| 76 | Fort Wayne | 80.5 | $58,233 | $216,656 |
| 77 | Ossian | 82.0 | $56,326 | $225,402 |
| 78 | Goshen | 82.5 | $52,233 | $249,417 |
| 79 | Rensselaer | 83.0 | $58,659 | $210,086 |
| 80 | Bloomington | 84.5 | $46,543 | $290,880 |
| 81 | Chandler | 85.0 | $63,500 | $184,337 |
| 82 | Boonville | 86.0 | $59,229 | $199,651 |
| 83 | Seymour | 87.0 | $57,347 | $210,904 |
| 84 | Kendallville | 87.5 | $59,971 | $193,691 |
| 85 | Rochester | 88.5 | $62,885 | $184,217 |
| 86 | Speedway | 88.5 | $52,627 | $227,778 |
| 87 | Whiting | 89.0 | $59,740 | $192,015 |
| 88 | Ligonier | 89.0 | $54,701 | $213,872 |
| 89 | Berne | 89.0 | $55,223 | $213,248 |
| 90 | North Manchester | 89.5 | $63,029 | $175,015 |
| 91 | West Lafayette | 89.5 | $30,317 | $327,065 |
| 92 | Mount Vernon | 90.0 | $58,370 | $198,511 |
| 93 | Covington | 93.0 | $56,136 | $202,412 |
| 94 | Lafayette | 94.0 | $50,674 | $228,005 |
| 95 | Greencastle | 94.0 | $51,836 | $218,372 |
| 96 | Shelbyville | 94.5 | $55,850 | $201,373 |
| 97 | New Albany | 95.0 | $53,982 | $209,181 |
| 98 | Madison | 96.0 | $53,113 | $210,391 |
| 99 | Attica | 97.0 | $60,694 | $163,800 |
| 100 | Garrett | 99.5 | $61,814 | $159,068 |
