Grant County, Indiana: commercial real estate data.
Grant County, Indiana has a population of 66,295 across 414 square miles, down 0.3 percent since the 2020 census base. County output reached $3.22 bn in 2024, 1,261 establishments operate here, and the SBA record carries 20 7(a) approvals worth $8.9 m.
119 sourced county values · tier FULL · 11 sections
Grant County
How many people live in Grant County
- Population66,295
- Households26,773
- Average household size2.48
- Median household income$53,522
- Median age38.7
- Median gross rent$853 per month
- Median owner-occupied home value$122,300
- Home value to household income2.3 times
- Annual rent as a share of median income19.1 percent
- Adults 25 and over with a bachelor degree or higher20.3 percent
- Adults 25 and over with a graduate degree8.0 percent
- Adults 25 and over43,823
- Population under 1814,136
- Share under 1821.3 percent
- Population 65 and over12,770
- Share 65 and over19.3 percent
- Working age population, 18 to 6439,389
- Civilian labor force31,426
- Unemployment rate6.3 percent
- Labor force participation, adults 18 and over60.3 percent
- Rank by population among Indiana counties26th of 92
- Rank by population among US county-equivalents827th
Grant County is the 26th largest of 92 Indiana counties by population. A median home costs 2.3 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 21.3 percent against 19.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Grant County
Is Grant County growing
- Population change since the 2020 census base-0.33 percent
- Census 2020 base population66,678
- Births, 2024698
- Deaths, 2024855
- Natural change, 2024-157
- Net domestic migration, 202480
- Net international migration, 2024236
- Total net migration, 2024316
- Cumulative net domestic migration, 2021 to 2024586
- Rank by growth among US county-equivalents1965th
The county has lost 0.33 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.
Grant County
Where people moving to Grant County come from
- Tax returns filed by households arriving1,223
- People arriving, from those returns2,322
- Adjusted gross income arriving$54.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$44,601
- Largest single originGrant County Non-migrants (23,945 households)
- Largest single destination (23,945 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Grant County Non-migrants | 23,945 | 47,559 | $1.37 bn |
| Other flows - Different State | 387 | 739 | $18.6 m |
| Other flows - Same State | 210 | 378 | $9.9 m |
| Other flows - South | 160 | 305 | $8.4 m |
| Other flows - Midwest | 113 | 209 | $4.6 m |
| Madison County | 101 | 194 | $4.2 m |
| Marion County | 86 | 187 | $3.3 m |
| Howard County | 84 | 161 | $3.6 m |
The largest single source of arrivals is Grant 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.
Grant County
What the Grant County economy runs on
- County GDP, 2024$3.22 bn
- County GDP, 2023$3.13 bn
- GDP change, 2023 to 20243.0 percent
- GDP change over five years31.0 percent
- Rank by GDP among Indiana counties30th
- Rank by GDP among US county-equivalents932nd
- GDP per resident$48,572
Output grew 3.0 percent in the latest year and 31.0 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.
Grant County
Who employs people in Grant County
- Covered employment, annual average27,333
- Establishments reporting1,280
- Average annual pay$50,883
- Average weekly wage$979
- Sector 31-33, employment4,659
- Sector 31-33, average annual pay$66,499
- Sector 62, employment4,309
- Sector 62, average annual pay$55,075
- Sector 44-45, employment2,872
- Sector 44-45, average annual pay$31,416
- Sector 48-49, employment2,548
- Sector 48-49, average annual pay$51,064
- Sector 72, employment2,330
- Sector 61, employment1,679
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 4,659 | 62 | $66,499 |
| Sector 62 | 4,309 | 132 | $55,075 |
| Sector 44-45 | 2,872 | 228 | $31,416 |
| Sector 48-49 | 2,548 | 34 | $51,064 |
| Sector 72 | 2,330 | 128 | $21,532 |
| Sector 61 | 1,679 | 16 | $51,264 |
| Sector 56 | 1,351 | 50 | $30,450 |
| Sector 23 | 759 | 103 | $58,582 |
The largest sector is the biggest private employer group at 4,659 jobs, 17.0 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.
Grant County
What businesses operate in Grant County
- Establishments, all industries1,261
- Employment at those establishments28,381
- Annual payroll$1.24 bn
- Establishments per 1,000 residents19.0
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.
Grant County
What is being built in Grant County
- Housing units authorised by permit, 202452
- Declared construction value permitted$11.8 m
- Single family units authorised44
- Multifamily units authorised8
- Multifamily share of units15.4 percent
- Average declared value per unit$226,575
- Units authorised per 1,000 households1.9
Multifamily is 15.4 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Grant County
How much SBA lending happens in Grant County
- 7(a) approvals recorded20
- 7(a) gross approval dollars$8.9 m
- Average 7(a) approval$444,995
- Median 7(a) approval$409,300
- 10th percentile approval$50,000
- 90th percentile approval$1,030,000
- Largest single approval$1,266,000
- Jobs reported supported, 7(a)105
- Jobs per approval5.3
- Distinct 7(a) lenders active13
- Distinct industries receiving approvals15
- Median 7(a) term192 months
- Share of loans on real estate terms, 240 months or longer40.0 percent
- Loans on real estate terms8
- Loans on working capital terms, 120 months or shorter9
- Franchise loans3
- Franchise share of approvals15.0 percent
- Leading industry by approval countFabricated Structural Metal Manufacturing (2)
- Most active lenderSTAR Financial Bank (3)
- 504 approvals recorded11
- 504 gross approval dollars$12.1 m
- Average 504 approval$1,099,545
- Median 504 approval$1,139,000
- Distinct CDCs active4
- 504 jobs per approval10.5
- 504 jobs per million dollars approved9.6
- Most active CDCIndiana Statewide Certified Development Corporation (8)
- 7(a) share of SBA approvals64.5 percent
- Combined SBA approval dollars$21.0 m
The average approval of $444,995 sits close to the median of $409,300, so lending here is fairly evenly sized rather than driven by a few large deals. 40.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
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.
Grant County
Do SBA loans in Grant County get paid back
- Loans with a final outcome recorded4
- Paid in full4
- Charged off0
- Status: Cancelled3
- Status: Paid in full4
- Status: Exempt from disclosure11
- Status: Committed, not yet disbursed2
Too few loans have reached a final outcome to publish a charge off rate. only 4 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.
Grant County
Which parts of Grant County get the lending
- Places in the county with recorded lending4
- MARION, approvals13
- Gas City, approvals4
- HARTFORD CITY, approvals2
- MILFORD, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| MARION | 13 | $7,830,300 |
| Gas City | 4 | $530,000 |
| HARTFORD CITY | 2 | $120,000 |
| MILFORD | 1 | $419,600 |
MARION accounts for 13 approvals against 4 in Gas City. 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.
Grant County
How big is Grant County
- Land area414 sq mi
- Rank by land area among Indiana counties30th of 92
- Width, east to west22.1 mi
- Height, north to south19 mi
- Geographies sharing a boundary9
- Residents per square mile of land160
- Establishments per square mile3.05
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 Grant 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 Grant County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population66,295
- Households26,773
- Average household size2.48
- Median household income$53,522
- Median age38.7
Common questions
Grant County questions, answered from the record.
How many people live in Grant County, Indiana?
66,295, in 26,773 households, ranking 26th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Grant County growing?
The population has fallen 0.33 percent since the 2020 census base. In 2024 there were 698 births against 855 deaths, with net migration of 316. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Grant County?
$53,522. The median owner-occupied home is valued at $122,300, which is 2.3 times income, and median gross rent is $853 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Grant County?
1,261 establishments, employing 28,381 people with an annual payroll of $1.24 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 Grant County?
Average annual pay is $50,883, or $979 a week, across 27,333 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Grant County?
20 7(a) approvals totalling $8.9 m since FY2020, across 13 lenders, with a median approval of $409,300, plus 11 504 approvals worth $12.1 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Grant County?
52 housing units were authorised by permit in 2024, with a declared construction value of $11.8 m. Multifamily was 15.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Grant 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 Grant County come from?
The largest single origin is Grant County Non-migrants, with 23,945 households. Arriving households report an average income of $44,601 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 Grant 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 Grant 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.