Allen County, Indiana: commercial real estate data.
Allen County, Indiana has a population of 392,378 across 657 square miles, up 3.6 percent since the 2020 census base. County output reached $29.09 bn in 2024, 9,696 establishments operate here, and the SBA record carries 449 7(a) approvals worth $224.5 m.
123 sourced county values · tier FULL · 11 sections
Allen County
How many people live in Allen County
- Population392,378
- Households156,570
- Average household size2.51
- Median household income$70,737
- Median age36.2
- Median gross rent$1,021 per month
- Median owner-occupied home value$214,900
- Home value to household income3.0 times
- Annual rent as a share of median income17.3 percent
- Adults 25 and over with a bachelor degree or higher31.6 percent
- Adults 25 and over with a graduate degree10.5 percent
- Adults 25 and over257,531
- Population under 1899,630
- Share under 1825.4 percent
- Population 65 and over61,278
- Share 65 and over15.6 percent
- Working age population, 18 to 64231,470
- Civilian labor force201,715
- Unemployment rate4.7 percent
- Labor force participation, adults 18 and over68.9 percent
- Rank by population among Indiana counties3rd of 92
- Rank by population among US county-equivalents189th
Allen County is the 3rd largest of 92 Indiana counties by population. A median home costs 3.0 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 25.4 percent against 15.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Allen County
Is Allen County growing
- Population change since the 2020 census base3.60 percent
- Census 2020 base population385,402
- Births, 20245,164
- Deaths, 20243,426
- Natural change, 20241,738
- Net domestic migration, 2024601
- Net international migration, 20241,811
- Total net migration, 20242,412
- Cumulative net domestic migration, 2021 to 20242,514
- Rank by growth among US county-equivalents753rd
The county has grown 3.60 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Allen County
Where people moving to Allen County come from
- Tax returns filed by households arriving7,298
- People arriving, from those returns12,752
- Adjusted gross income arriving$442.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$60,690
- Largest single originAllen County Non-migrants (152,611 households)
- Largest single destination (152,611 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Allen County Non-migrants | 152,611 | 314,962 | $14.33 bn |
| Other flows - Different State | 2,696 | 5,080 | $176.6 m |
| Other flows - South | 1,109 | 2,073 | $71.2 m |
| Other flows - Midwest | 796 | 1,503 | $49.0 m |
| Other flows - West | 471 | 886 | $30.7 m |
| DeKalb County | 358 | 616 | $20.0 m |
| Other flows - Northeast | 320 | 618 | $25.7 m |
| Whitley County | 293 | 500 | $14.6 m |
The largest single source of arrivals is Allen County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Allen County
What the Allen County economy runs on
- County GDP, 2024$29.09 bn
- County GDP, 2023$27.69 bn
- GDP change, 2023 to 20245.1 percent
- GDP change over five years35.4 percent
- Rank by GDP among Indiana counties4th
- Rank by GDP among US county-equivalents199th
- GDP per resident$74,129
Output grew 5.1 percent in the latest year and 35.4 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Allen County
Who employs people in Allen County
- Covered employment, annual average197,885
- Establishments reporting10,492
- Average annual pay$60,129
- Average weekly wage$1,156
- Sector 62, employment38,417
- Sector 62, average annual pay$67,855
- Sector 31-33, employment29,147
- Sector 31-33, average annual pay$71,531
- Sector 44-45, employment21,582
- Sector 44-45, average annual pay$40,293
- Sector 72, employment17,279
- Sector 72, average annual pay$22,861
- Sector 23, employment11,421
- Sector 56, employment9,882
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 38,417 | 1,049 | $67,855 |
| Sector 31-33 | 29,147 | 526 | $71,531 |
| Sector 44-45 | 21,582 | 1,189 | $40,293 |
| Sector 72 | 17,279 | 858 | $22,861 |
| Sector 23 | 11,421 | 1,038 | $79,530 |
| Sector 56 | 9,882 | 639 | $44,358 |
| Sector 48-49 | 8,800 | 350 | $56,671 |
| Sector 42 | 8,770 | 688 | $75,799 |
The largest sector is the biggest private employer group at 38,417 jobs, 19.4 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Allen County
What businesses operate in Allen County
- Establishments, all industries9,696
- Employment at those establishments190,285
- Annual payroll$10.66 bn
- Establishments per 1,000 residents24.7
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Allen County
What is being built in Allen County
- Housing units authorised by permit, 20241,861
- Declared construction value permitted$567.1 m
- Single family units authorised1,285
- Multifamily units authorised576
- Multifamily share of units31.0 percent
- Average declared value per unit$304,706
- Units authorised per 1,000 households11.9
Multifamily is 31.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Allen County
How much SBA lending happens in Allen County
- 7(a) approvals recorded449
- 7(a) gross approval dollars$224.5 m
- Average 7(a) approval$499,948
- Median 7(a) approval$200,000
- 10th percentile approval$29,900
- 90th percentile approval$1,452,000
- Largest single approval$4,465,000
- Jobs reported supported, 7(a)4,797
- Jobs per approval10.7
- Distinct 7(a) lenders active64
- Distinct industries receiving approvals152
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer12.0 percent
- Loans on real estate terms54
- Loans on working capital terms, 120 months or shorter358
- Franchise loans78
- Franchise share of approvals17.4 percent
- Leading industry by approval countGeneral Freight Trucking, Long-Distance, Truckload (30)
- Most active lender1st Source Bank (118)
- 504 approvals recorded168
- 504 gross approval dollars$90.2 m
- Average 504 approval$536,685
- Median 504 approval$350,000
- Distinct CDCs active5
- 504 jobs per approval8.8
- 504 jobs per million dollars approved16.4
- Most active CDCCommunity Development Corporation of Fort Wayne (133)
- 7(a) share of SBA approvals72.8 percent
- Combined SBA approval dollars$314.6 m
The average approval of $499,948 sits well above the median of $200,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 12.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Allen County
Do SBA loans in Allen County get paid back
- Loans with a final outcome recorded115
- Paid in full111
- Charged off4
- Charge off rate on resolved loans3.5 percent
- Status: Paid in full111
- Status: Exempt from disclosure275
- Status: Cancelled40
- Status: Charged off4
- Status: Committed, not yet disbursed19
| NAICS | Industry | Resolved loans | Charged off | Charge off rate |
|---|---|---|---|---|
| 484121 | General Freight Trucking, Long-Distance, Truckload | 17 | 1 | 5.9% |
| 484110 | General Freight Trucking, Local | 10 | 0 | 0.0% |
Of the 115 loans that have reached a final outcome, 3.5 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong. Among industries with at least ten resolved loans, General Freight Trucking, Long-Distance, Truckload carries the highest charge off rate at 5.9 percent.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Allen County
Which parts of Allen County get the lending
- Places in the county with recorded lending14
- Fort Wayne, approvals387
- New Haven, approvals24
- LEO, approvals9
- CHURUBUSCO, approvals5
- HUNTERTOWN, approvals4
- Roanoke, approvals4
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Fort Wayne | 387 | $196,627,000 |
| New Haven | 24 | $14,769,000 |
| LEO | 9 | $1,855,000 |
| CHURUBUSCO | 5 | $1,228,000 |
| HUNTERTOWN | 4 | $768,000 |
| Roanoke | 4 | $346,300 |
| Woodburn | 4 | $951,900 |
| MONROEVILLE | 3 | $1,638,300 |
Fort Wayne accounts for 387 approvals against 24 in New Haven. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Allen County
How big is Allen County
- Land area657 sq mi
- Rank by land area among Indiana counties1st of 92
- Width, east to west27.9 mi
- Height, north to south24.5 mi
- Geographies sharing a boundary6
- Residents per square mile of land597
- Establishments per square mile14.76
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Allen County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Allen County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population392,378
- Households156,570
- Average household size2.51
- Median household income$70,737
- Median age36.2
Common questions
Allen County questions, answered from the record.
How many people live in Allen County, Indiana?
392,378, in 156,570 households, ranking 3rd of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Allen County growing?
The population has grown 3.60 percent since the 2020 census base. In 2024 there were 5,164 births against 3,426 deaths, with net migration of 2,412. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Allen County?
$70,737. The median owner-occupied home is valued at $214,900, which is 3.0 times income, and median gross rent is $1,021 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Allen County?
9,696 establishments, employing 190,285 people with an annual payroll of $10.66 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Allen County?
Average annual pay is $60,129, or $1,156 a week, across 197,885 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Allen County?
449 7(a) approvals totalling $224.5 m since FY2020, across 64 lenders, with a median approval of $200,000, plus 168 504 approvals worth $90.2 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Allen County get paid back?
Of the 115 loans that have reached a final outcome, 111 were paid in full and 4 charged off, a charge off rate of 3.5 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Allen County?
1,861 housing units were authorised by permit in 2024, with a declared construction value of $567.1 m. Multifamily was 31.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Allen County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Allen County come from?
The largest single origin is Allen County Non-migrants, with 152,611 households. Arriving households report an average income of $60,690 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Allen County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Allen County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.