Fulton County, Indiana: commercial real estate data.
Fulton County, Indiana has a population of 20,312 across 368 square miles, down 2.3 percent since the 2020 census base. County output reached $905.1 m in 2024, 465 establishments operate here, and the SBA record carries 12 7(a) approvals worth $2.3 m.
117 sourced county values · tier FULL · 11 sections
Fulton County
How many people live in Fulton County
- Population20,312
- Households8,051
- Average household size2.52
- Median household income$61,360
- Median age42.3
- Median gross rent$839 per month
- Median owner-occupied home value$156,500
- Home value to household income2.6 times
- Annual rent as a share of median income16.4 percent
- Adults 25 and over with a bachelor degree or higher16.9 percent
- Adults 25 and over with a graduate degree6.0 percent
- Adults 25 and over14,127
- Population under 184,744
- Share under 1823.4 percent
- Population 65 and over4,167
- Share 65 and over20.5 percent
- Working age population, 18 to 6411,401
- Civilian labor force9,466
- Unemployment rate6.8 percent
- Labor force participation, adults 18 and over60.8 percent
- Rank by population among Indiana counties71st of 92
- Rank by population among US county-equivalents1859th
Fulton County is the 71st largest of 92 Indiana counties by population. A median home costs 2.6 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.4 percent against 20.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Fulton County
Is Fulton County growing
- Population change since the 2020 census base-2.31 percent
- Census 2020 base population20,477
- Births, 2024209
- Deaths, 2024277
- Natural change, 2024-68
- Net domestic migration, 2024-248
- Net international migration, 20244
- Total net migration, 2024-244
- Cumulative net domestic migration, 2021 to 2024-237
- Rank by growth among US county-equivalents2572nd
The county has lost 2.31 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Fulton County
Where people moving to Fulton County come from
- Tax returns filed by households arriving512
- People arriving, from those returns933
- Adjusted gross income arriving$26.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$52,451
- Largest single originFulton County Non-migrants (7,692 households)
- Largest single destination (7,692 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Fulton County Non-migrants | 7,692 | 16,147 | $519.4 m |
| Other flows - Same State | 162 | 285 | $9.5 m |
| Other flows - Different State | 120 | 216 | $7.5 m |
| Marshall County | 71 | 131 | $3.2 m |
| Kosciusko County | 60 | 121 | $2.6 m |
| Other flows - South | 51 | 96 | $2.7 m |
| Other flows - Midwest | 44 | 79 | $2.8 m |
| Miami County | 40 | 75 | $1.3 m |
The largest single source of arrivals is Fulton 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.
Fulton County
What the Fulton County economy runs on
- County GDP, 2024$905.1 m
- County GDP, 2023$922.7 m
- GDP change, 2023 to 2024-1.9 percent
- GDP change over five years27.5 percent
- Rank by GDP among Indiana counties73rd
- Rank by GDP among US county-equivalents1920th
- GDP per resident$44,558
Output grew -1.9 percent in the latest year and 27.5 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.
Fulton County
Who employs people in Fulton County
- Covered employment, annual average6,326
- Establishments reporting476
- Average annual pay$48,502
- Average weekly wage$933
- Sector 31-33, employment1,613
- Sector 31-33, average annual pay$59,138
- Sector 44-45, employment885
- Sector 44-45, average annual pay$32,517
- Sector 72, employment511
- Sector 72, average annual pay$18,189
- Sector 23, employment420
- Sector 23, average annual pay$67,246
- Sector 42, employment337
- Sector 52, employment182
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 1,613 | 38 | $59,138 |
| Sector 44-45 | 885 | 79 | $32,517 |
| Sector 72 | 511 | 42 | $18,189 |
| Sector 23 | 420 | 51 | $67,246 |
| Sector 42 | 337 | 30 | $69,804 |
| Sector 52 | 182 | 28 | $70,202 |
| Sector 81 | 175 | 32 | $37,624 |
| Sector 54 | 72 | 22 | $43,287 |
The largest sector is the biggest private employer group at 1,613 jobs, 25.5 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.
Fulton County
What businesses operate in Fulton County
- Establishments, all industries465
- Employment at those establishments5,685
- Annual payroll$262.0 m
- Establishments per 1,000 residents22.9
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.
Fulton County
What is being built in Fulton County
- Housing units authorised by permit, 202423
- Declared construction value permitted$7.0 m
- Single family units authorised23
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$303,444
- Units authorised per 1,000 households2.9
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Fulton County
How much SBA lending happens in Fulton County
- 7(a) approvals recorded12
- 7(a) gross approval dollars$2.3 m
- Average 7(a) approval$193,708
- Median 7(a) approval$50,000
- 10th percentile approval$15,000
- 90th percentile approval$499,700
- Largest single approval$1,171,000
- Jobs reported supported, 7(a)46
- Jobs per approval3.8
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals11
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer8.3 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter9
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countAutomotive Parts and Accessories Stores (2)
- Most active lender1st Source Bank (7)
- 504 approvals recorded5
- 504 gross approval dollars$4.3 m
- Average 504 approval$862,000
- Median 504 approval$618,000
- Distinct CDCs active2
- 504 jobs per approval12.0
- 504 jobs per million dollars approved13.9
- Most active CDCBusiness Development Corporation (BDC) (4)
- 7(a) share of SBA approvals70.6 percent
- Combined SBA approval dollars$6.6 m
The average approval of $193,708 sits well above the median of $50,000, 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 8.3 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.
Fulton County
Do SBA loans in Fulton County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Exempt from disclosure9
- Status: Paid in full2
- Status: Cancelled1
Too few loans have reached a final outcome to publish a charge off rate. only 2 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.
Fulton County
Which parts of Fulton County get the lending
- Places in the county with recorded lending3
- Rochester, approvals8
- Kewanna, approvals2
- Akron, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Rochester | 8 | $1,698,300 |
| Kewanna | 2 | $55,900 |
| Akron | 2 | $570,300 |
Rochester accounts for 8 approvals against 2 in Kewanna. 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.
Fulton County
How big is Fulton County
- Land area368 sq mi
- Rank by land area among Indiana counties66th of 92
- Width, east to west27.3 mi
- Height, north to south18.2 mi
- Geographies sharing a boundary6
- Residents per square mile of land55
- Establishments per square mile1.26
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 Fulton 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 Fulton County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population20,312
- Households8,051
- Average household size2.52
- Median household income$61,360
- Median age42.3
Common questions
Fulton County questions, answered from the record.
How many people live in Fulton County, Indiana?
20,312, in 8,051 households, ranking 71st of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Fulton County growing?
The population has fallen 2.31 percent since the 2020 census base. In 2024 there were 209 births against 277 deaths, with net migration of -244. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Fulton County?
$61,360. The median owner-occupied home is valued at $156,500, which is 2.6 times income, and median gross rent is $839 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Fulton County?
465 establishments, employing 5,685 people with an annual payroll of $262.0 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 Fulton County?
Average annual pay is $48,502, or $933 a week, across 6,326 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Fulton County?
12 7(a) approvals totalling $2.3 m since FY2020, across 5 lenders, with a median approval of $50,000, plus 5 504 approvals worth $4.3 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Fulton County?
23 housing units were authorised by permit in 2024, with a declared construction value of $7.0 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Fulton 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 Fulton County come from?
The largest single origin is Fulton County Non-migrants, with 7,692 households. Arriving households report an average income of $52,451 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 Fulton 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 Fulton 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.