Where To Invest In Indiana: Mooresville, IN

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. Mooresville, IN

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.

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.

Mooresville Report

MOORESVILLE, INDIANA ZIP CODES

  • 46158

MOORESVILLE, INDIANA NEIGHBORHOODS

  • Morgan Glen
  • Watson Meadows
  • Keller Hill Heights
  • Rolling Vista
  • Woodland Heights

MOORESVILLE, INDIANA SCHOOLS

Mooresville schools have a student to teacher ratio of 17:1 with 4,337 students in grades PK-12.

Niche gives the school system an overall grade of B with category breakdowns as follows:

  • Academics: B
  • Teachers: A-
  • Clubs & Activities: B-
  • Diversity: C+
  • College Prep: B-
  • Health & Safety: B+

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. For academics, reading proficiency is at 52% and math is at 52% based on state test scores.

MOORESVILLE, INDIANA CRIME RATES

According to BestPlaces, Mooresville’s violent crime rate is ranked at 10.3 and property crime is ranked at 46.4.

This is based off of a scale of 1-100 where 1 is low crime and 100 is high crime with the US average for violent crime is 22.7 and average for property crime is 35.4.

CONCLUSION

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.

Depending on your investment goals and the requirements you have for your properties, this small city could be worth a look. If you do decide to invest in Mooresville or other cities throughout Central Indiana, our brokerage team is ready to help advise you as you grow your investment portfolio.

 

 

 

Written by McKenzie Zacha

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