Laserfiche WebLink
<br />· <br /> <br />The population within a ten mile radius of Mooresville is <br />estimated at 86,703 in 1988 and should reach 91,136 by 1992. <br />There are 29,125 households within that area with an average <br />household size of 3.3 people. The population over 24 years of <br />age have an average of 11.85 years of schooling, and 12% of them <br />are college graduates. The median age in the area was 31.1 <br />years in 1980 and is expected to be 33.1 by 1992, indicating an <br />aging population. <br /> <br />The 1980 median family income within a ten mile radius of <br />Mooresville was $23,597, significantly higher than Morgan <br />County'S $21,553 and Indiana's $20,535. In 1992, Mooresville's <br />median family income is expected to remain higher than Morgan <br />County'S but drop below Indiana's. 1992 prOjections are <br />Mooresville at $38,500. Morgan County at $36,700 and Indiana at <br />$39,760. The average family income around Mooresville was <br />$25,139 in 1980, was estimated to $31,685 in 1988 and should <br />grow to $40,087 by 1992. <br /> <br />In 1988, households within a ten mile radius of Mooresville were <br />classified by the census department as being 40% middle income <br />blue collar, 28% upper middle income, 21% lower middle income of <br />small town and rural nature, 10% as older with lower middle <br />income and 1% as mobile or seasonal. 26% of the households have <br />one automobile, 44% have two and 27% have three or more. <br /> <br />Efonomy <br /> <br />Hou$inq <br /> <br />There are approximately 3350 housing units in Mooresville <br />planning area. The majority of these are single family units. <br />Approximately 3% of the units are two family dwellings, and <br />approximately 14% are apartment units. <br /> <br />Most of the land in town north of South Street and west of the <br />railroad tracks is single family residential. In the buffer <br />zone, the primary land Use is agricultural with attendant <br />residential Use. A number of single family residential <br />subdivisions have also been developed in the buffer zone. <br /> <br />Mooresville has a high proportion of owner-occupants, which <br />tends to be a stabilizing factor in the community. In 1980, 82% <br />of households within a ten mile radius of MooresviIle were <br />owner-occupied and 18% were rented. This compares to 79% of the <br />households in Morgan County and only 72% of the households <br />statewide that were owner-occupied. <br /> <br />~ <br /> <br />The housing stock in Mooresville is relatively new. 15% of the <br />housing that existed in 1980 was built before 1940, 7% during <br />1940-1949, 19% during 1950-1959, 25~ during 1960-1969, and 34% <br />during 1970-1980. 8% of the houses were mobile homes. <br /> <br />Existing Conditions 10 <br /> <br />I <br />I <br />