The small city of Mooresville, Indiana currently has a population size of 9,727 people.
Founded in 1824 by Samuel Moore, who the city was named after, Mooresville, is now home to several attractions including a few historic sites.
If you are visiting or living in Mooresville, you can explore the White River State Park and Fort Harrison State Park. The Academy Building Museum, President Harrison Home, and James Whitcomb Riley House are also locations that you can tour to learn more about history.
Only 15 miles southwest of the city is Indianapolis, Indiana where you can find more historic sites, parks, and other places to visit such as restaurants and events.
It is also a great commuter town for those wanting small-town life but work in Indianapolis.
Over the past year, Mooresville has seen a job market growth of 2.5%, and it is expected to continue growing as new developments and opportunities come into the city.
According to Niche, households have a median income of $61,088 with the median house value of $145,300. If you are looking to rent, the median rent in the city is $871. The percentage of the population who owns homes in Mooresville is 66% while the other 33% rent.
Mooresville is ranked #42 out of 115 for suburbs with the lowest cost of living in the state, #45 out of 232 for best places to retire in Indiana, and #85 out of 115 for best suburbs to buy a house in Indiana.
The school system is given an overall B grade. It’s ranked #108 out of 289 for districts with the best teachers in the state and #164 out of 290 for safest school districts in Indiana.
Although Mooresville is a smaller city which leaves you with fewer options for investments, it still has the potential for bringing great opportunities to your portfolio.
Mooresville is a growing city with new developments coming and career growth increasing. It also has a relatively well-rounded school system and crime rates are below or around the national averages.
T&H Realty is working with Owner Clients to add Mooresville rental properties to their portfolios. If you are interested in finding properties in that area, our brokerage would be more than happy to help you purchase a property.