Blackford County, Indiana: commercial real estate data.
Blackford County, Indiana has a population of 11,950 across 165 square miles, down 2.4 percent since the 2020 census base. County output reached $428.1 m in 2024, 231 establishments operate here, and the SBA record carries 4 7(a) approvals worth $585,300.
112 sourced county values · tier FULL · 10 sections
Blackford County
How many people live in Blackford County
- Population11,950
- Households5,173
- Average household size2.31
- Median household income$51,326
- Median age43.1
- Median gross rent$699 per month
- Median owner-occupied home value$107,500
- Home value to household income2.1 times
- Annual rent as a share of median income16.3 percent
- Adults 25 and over with a bachelor degree or higher14.5 percent
- Adults 25 and over with a graduate degree4.5 percent
- Adults 25 and over8,416
- Population under 182,722
- Share under 1822.8 percent
- Population 65 and over2,631
- Share 65 and over22.0 percent
- Working age population, 18 to 646,597
- Civilian labor force5,528
- Unemployment rate3.7 percent
- Labor force participation, adults 18 and over59.9 percent
- Rank by population among Indiana counties85th of 92
- Rank by population among US county-equivalents2356th
Blackford County is the 85th largest of 92 Indiana counties by population. A median home costs 2.1 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.8 percent against 22.0 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Blackford County
Is Blackford County growing
- Population change since the 2020 census base-2.44 percent
- Census 2020 base population12,112
- Births, 2024107
- Deaths, 2024167
- Natural change, 2024-60
- Net domestic migration, 2024-4
- Net international migration, 20246
- Total net migration, 20242
- Cumulative net domestic migration, 2021 to 202412
- Rank by growth among US county-equivalents2612th
The county has lost 2.44 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Blackford County
Where people moving to Blackford County come from
- Tax returns filed by households arriving272
- People arriving, from those returns521
- Adjusted gross income arriving$11.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$41,710
- Largest single originBlackford County Non-migrants (4,639 households)
- Largest single destination (4,639 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Blackford County Non-migrants | 4,639 | 9,122 | $256.7 m |
| Other flows - Same State | 111 | 223 | $4.5 m |
| Delaware County | 52 | 92 | $2.2 m |
| Grant County | 48 | 97 | $2.0 m |
| Other flows - Different State | 32 | 56 | $1.5 m |
| Other flows - South | 32 | 56 | $1.5 m |
| Jay County | 29 | 53 | $1.1 m |
The largest single source of arrivals is Blackford 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.
Blackford County
What the Blackford County economy runs on
- County GDP, 2024$428.1 m
- County GDP, 2023$449.0 m
- GDP change, 2023 to 2024-4.7 percent
- GDP change over five years25.7 percent
- Rank by GDP among Indiana counties87th
- Rank by GDP among US county-equivalents2503rd
- GDP per resident$35,821
Output grew -4.7 percent in the latest year and 25.7 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.
Blackford County
Who employs people in Blackford County
- Covered employment, annual average2,840
- Establishments reporting245
- Average annual pay$46,641
- Average weekly wage$897
- Sector 31-33, employment839
- Sector 31-33, average annual pay$59,889
- Sector 44-45, employment298
- Sector 44-45, average annual pay$26,630
- Sector 23, employment168
- Sector 23, average annual pay$80,616
- Sector 42, employment86
- Sector 42, average annual pay$55,825
- Sector 52, employment82
- Sector 54, employment73
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 839 | 23 | $59,889 |
| Sector 44-45 | 298 | 35 | $26,630 |
| Sector 23 | 168 | 18 | $80,616 |
| Sector 42 | 86 | 13 | $55,825 |
| Sector 52 | 82 | 16 | $51,074 |
| Sector 54 | 73 | 18 | $59,907 |
| Sector 53 | 17 | 6 | $43,209 |
The largest sector is the biggest private employer group at 839 jobs, 29.5 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.
Blackford County
What businesses operate in Blackford County
- Establishments, all industries231
- Employment at those establishments2,639
- Annual payroll$134.3 m
- Establishments per 1,000 residents19.3
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.
Blackford County
What is being built in Blackford County
- Housing units authorised by permit, 20249
- Declared construction value permitted$2.5 m
- Single family units authorised9
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$273,303
- Units authorised per 1,000 households1.7
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Blackford County
How much SBA lending happens in Blackford County
- 7(a) approvals recorded4
- 7(a) gross approval dollars$585,300
- Average 7(a) approval$146,325
- Median 7(a) approval$150,000
- 10th percentile approval$50,000
- 90th percentile approval$276,300
- Largest single approval$276,300
- Jobs reported supported, 7(a)58
- Jobs per approval14.5
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals3
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer25.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter3
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countPlumbing, Heating, and Air-Conditioning Contractors (2)
- Most active lenderCitizens State Bank of New Castle (3)
- 504 approvals recorded2
- 504 gross approval dollars$257,000
- Average 504 approval$128,500
- Median 504 approval$214,000
- Distinct CDCs active2
- 504 jobs per approval5.5
- 504 jobs per million dollars approved42.8
- Most active CDCPremier Capital Corporation (1)
- 7(a) share of SBA approvals66.7 percent
- Combined SBA approval dollars$842,300
The average approval of $146,325 sits close to the median of $150,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 25.0 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.
Blackford County
Do SBA loans in Blackford County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Cancelled2
- Status: Exempt from disclosure2
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Blackford County
How big is Blackford County
- Land area165 sq mi
- Rank by land area among Indiana counties89th of 92
- Width, east to west12.9 mi
- Height, north to south13 mi
- Geographies sharing a boundary4
- Residents per square mile of land72
- Establishments per square mile1.40
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 Blackford 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 Blackford County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population11,950
- Households5,173
- Average household size2.31
- Median household income$51,326
- Median age43.1
Common questions
Blackford County questions, answered from the record.
How many people live in Blackford County, Indiana?
11,950, in 5,173 households, ranking 85th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Blackford County growing?
The population has fallen 2.44 percent since the 2020 census base. In 2024 there were 107 births against 167 deaths, with net migration of 2. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Blackford County?
$51,326. The median owner-occupied home is valued at $107,500, which is 2.1 times income, and median gross rent is $699 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Blackford County?
231 establishments, employing 2,639 people with an annual payroll of $134.3 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Blackford County?
Average annual pay is $46,641, or $897 a week, across 2,840 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Blackford County?
4 7(a) approvals totalling $585,300 since FY2020, across 2 lenders, with a median approval of $150,000, plus 2 504 approvals worth $257,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Blackford County?
9 housing units were authorised by permit in 2024, with a declared construction value of $2.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Blackford 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 Blackford County come from?
The largest single origin is Blackford County Non-migrants, with 4,639 households. Arriving households report an average income of $41,710 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 Blackford 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 Blackford 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.