Delaware County, Indiana: commercial real estate data.
Delaware County, Indiana has a population of 112,280 across 392 square miles, up 0.9 percent since the 2020 census base. County output reached $5.40 bn in 2024, 2,314 establishments operate here, and the SBA record carries 97 7(a) approvals worth $38.4 m.
122 sourced county values · tier FULL · 11 sections
Delaware County
How many people live in Delaware County
- Population112,280
- Households46,256
- Average household size2.43
- Median household income$58,127
- Median age35.8
- Median gross rent$906 per month
- Median owner-occupied home value$139,400
- Home value to household income2.4 times
- Annual rent as a share of median income18.7 percent
- Adults 25 and over with a bachelor degree or higher26.2 percent
- Adults 25 and over with a graduate degree11.0 percent
- Adults 25 and over70,560
- Population under 1820,376
- Share under 1818.1 percent
- Population 65 and over19,757
- Share 65 and over17.6 percent
- Working age population, 18 to 6472,147
- Civilian labor force56,486
- Unemployment rate5.8 percent
- Labor force participation, adults 18 and over61.5 percent
- Rank by population among Indiana counties15th of 92
- Rank by population among US county-equivalents561st
Delaware County is the 15th largest of 92 Indiana counties by population. A median home costs 2.4 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 18.1 percent against 17.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Delaware County
Is Delaware County growing
- Population change since the 2020 census base0.93 percent
- Census 2020 base population111,907
- Births, 20241,063
- Deaths, 20241,350
- Natural change, 2024-287
- Net domestic migration, 2024467
- Net international migration, 2024324
- Total net migration, 2024791
- Cumulative net domestic migration, 2021 to 20241,956
- Rank by growth among US county-equivalents1502nd
The county has grown 0.93 percent 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.
Delaware County
Where people moving to Delaware County come from
- Tax returns filed by households arriving2,564
- People arriving, from those returns4,290
- Adjusted gross income arriving$111.6 m
- Net adjusted gross income movement$0
- Average income of an arriving household$43,532
- Largest single originDelaware County Non-migrants (38,871 households)
- Largest single destination (38,871 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Delaware County Non-migrants | 38,871 | 75,544 | $2.42 bn |
| Other flows - Different State | 721 | 1,235 | $35.8 m |
| Madison County | 389 | 729 | $15.3 m |
| Other flows - South | 337 | 596 | $15.5 m |
| Other flows - Same State | 329 | 477 | $12.3 m |
| Marion County | 226 | 374 | $8.7 m |
| Other flows - Midwest | 218 | 347 | $10.9 m |
| Henry County | 161 | 255 | $6.6 m |
The largest single source of arrivals is Delaware 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.
Delaware County
What the Delaware County economy runs on
- County GDP, 2024$5.40 bn
- County GDP, 2023$5.25 bn
- GDP change, 2023 to 20242.8 percent
- GDP change over five years25.3 percent
- Rank by GDP among Indiana counties22nd
- Rank by GDP among US county-equivalents680th
- GDP per resident$48,122
Output grew 2.8 percent in the latest year and 25.3 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.
Delaware County
Who employs people in Delaware County
- Covered employment, annual average44,772
- Establishments reporting2,354
- Average annual pay$51,307
- Average weekly wage$987
- Sector 62, employment9,559
- Sector 62, average annual pay$60,764
- Sector 44-45, employment5,908
- Sector 44-45, average annual pay$34,917
- Sector 72, employment4,897
- Sector 72, average annual pay$19,657
- Sector 31-33, employment4,025
- Sector 31-33, average annual pay$62,301
- Sector 56, employment2,238
- Sector 52, employment1,592
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 9,559 | 294 | $60,764 |
| Sector 44-45 | 5,908 | 388 | $34,917 |
| Sector 72 | 4,897 | 233 | $19,657 |
| Sector 31-33 | 4,025 | 118 | $62,301 |
| Sector 56 | 2,238 | 128 | $48,866 |
| Sector 52 | 1,592 | 152 | $59,025 |
| Sector 23 | 1,542 | 190 | $64,580 |
| Sector 54 | 1,534 | 195 | $67,742 |
The largest sector is the biggest private employer group at 9,559 jobs, 21.4 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.
Delaware County
What businesses operate in Delaware County
- Establishments, all industries2,314
- Employment at those establishments40,098
- Annual payroll$1.96 bn
- Establishments per 1,000 residents20.6
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.
Delaware County
What is being built in Delaware County
- Housing units authorised by permit, 2024173
- Declared construction value permitted$45.5 m
- Single family units authorised109
- Multifamily units authorised64
- Multifamily share of units37.0 percent
- Average declared value per unit$262,861
- Units authorised per 1,000 households3.7
Multifamily is 37.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Delaware County
How much SBA lending happens in Delaware County
- 7(a) approvals recorded97
- 7(a) gross approval dollars$38.4 m
- Average 7(a) approval$395,782
- Median 7(a) approval$150,000
- 10th percentile approval$25,000
- 90th percentile approval$1,062,500
- Largest single approval$3,370,000
- Jobs reported supported, 7(a)787
- Jobs per approval8.1
- Distinct 7(a) lenders active26
- Distinct industries receiving approvals53
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer16.5 percent
- Loans on real estate terms16
- Loans on working capital terms, 120 months or shorter75
- Franchise loans17
- Franchise share of approvals17.5 percent
- Leading industry by approval countPlumbing, Heating, and Air-Conditioning Contractors (5)
- Most active lenderSTAR Financial Bank (20)
- 504 approvals recorded31
- 504 gross approval dollars$19.8 m
- Average 504 approval$637,452
- Median 504 approval$391,000
- Distinct CDCs active3
- 504 jobs per approval15.0
- 504 jobs per million dollars approved23.5
- Most active CDCIndiana Statewide Certified Development Corporation (19)
- 7(a) share of SBA approvals75.8 percent
- Combined SBA approval dollars$58.2 m
The average approval of $395,782 sits well above the median of $150,000, 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 16.5 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.
Delaware County
Do SBA loans in Delaware County get paid back
- Loans with a final outcome recorded15
- Paid in full15
- Charged off0
- Charge off rate on resolved loans0.0 percent
- Status: Exempt from disclosure63
- Status: Cancelled7
- Status: Paid in full15
- Status: Committed, not yet disbursed12
Of the 15 loans that have reached a final outcome, 0.0 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.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Delaware County
Which parts of Delaware County get the lending
- Places in the county with recorded lending9
- MUNCIE, approvals77
- ALBANY, approvals6
- Yorktown, approvals4
- Anderson, approvals2
- EATON, approvals2
- GASTON, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| MUNCIE | 77 | $34,974,300 |
| ALBANY | 6 | $1,575,000 |
| Yorktown | 4 | $696,200 |
| Anderson | 2 | $185,400 |
| EATON | 2 | $60,000 |
| GASTON | 2 | $265,000 |
| Summitville | 2 | $360,000 |
| Daleville | 1 | $250,000 |
MUNCIE accounts for 77 approvals against 6 in ALBANY. 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.
Delaware County
How big is Delaware County
- Land area392 sq mi
- Rank by land area among Indiana counties52nd of 92
- Width, east to west19.2 mi
- Height, north to south20.9 mi
- Geographies sharing a boundary6
- Residents per square mile of land286
- Establishments per square mile5.90
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 Delaware 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 Delaware County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population112,280
- Households46,256
- Average household size2.43
- Median household income$58,127
- Median age35.8
Common questions
Delaware County questions, answered from the record.
How many people live in Delaware County, Indiana?
112,280, in 46,256 households, ranking 15th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Delaware County growing?
The population has grown 0.93 percent since the 2020 census base. In 2024 there were 1,063 births against 1,350 deaths, with net migration of 791. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Delaware County?
$58,127. The median owner-occupied home is valued at $139,400, which is 2.4 times income, and median gross rent is $906 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Delaware County?
2,314 establishments, employing 40,098 people with an annual payroll of $1.96 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 Delaware County?
Average annual pay is $51,307, or $987 a week, across 44,772 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Delaware County?
97 7(a) approvals totalling $38.4 m since FY2020, across 26 lenders, with a median approval of $150,000, plus 31 504 approvals worth $19.8 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Delaware County get paid back?
Of the 15 loans that have reached a final outcome, 15 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Delaware County?
173 housing units were authorised by permit in 2024, with a declared construction value of $45.5 m. Multifamily was 37.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Delaware 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 Delaware County come from?
The largest single origin is Delaware County Non-migrants, with 38,871 households. Arriving households report an average income of $43,532 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 Delaware 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 Delaware 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.