Historical Background & Critical Points Timeline
Corydon: Celebrated History... Stellar Future
Corydon has grown about 14.6% between 1980 and 2015. This growth is much slower than that of Harrison County (43.8%) over the same time span, but just shy of Indiana's growth (19.6%). As of 2015 estimates, Corydon has a population of approximately 3,122 people. Of these people, the vast majority are white, making up 99.4%, which has not changed over the recent decades.
The poverty rate in Corydon has increased from 10% in 1980 to 28.2% in 2015, an increase of 181.4%. This is substantially greater than poverty growth in Harrison County and Indiana, 64.3% and 63.8%, respectively.
Median household income in Corydon has gone down about 17.9% since 1980, after adjusting for inflation. Estimates from 2015 show the median household income of Corydon to be around $32,044, significantly less than that of Harrison County ($52,128) and of Indiana ($49,255).
Corydon: Socioeconomic Characteristics of Decline
a. Poverty figures for 2015 were the most recent data estimations from the US Census Bureau’s American Community Survey, 2010-2015 Table DP04 estimations provided for the specific geographic area.
b. The Median Household dollar amounts reported for 1980 are values that have been converted to constant 2014 dollars according to the U.S. Bureau of Labor Statistics Consumer Price Index Inflation Calculator, available at www.bls.gov/data/inflation_calculator.htm.
There are approximately 1,689 housing units in Corydon as of 2015. About half of all units were constructed before the 1960s, with a majority of the total (27.8%) constructed prior to 1939. Housing construction slowed with the arrival of the 1980s, but then picked up again in the 1990s, the decade with the second highest percentage of homes built (18.4%). Housing construction has slowed since, and according to 2015 estimates, no new homes had been built since 2014, however, this may have changed in the past couple years. Regardless, Corydon faces an aging housing stock that must be granted attention in the years to come.
Community Economic Development