Lawrence County, Indiana: commercial real estate data.
Lawrence County, Indiana has a population of 45,102 across 449 square miles, up 0.4 percent since the 2020 census base. County output reached $1.78 bn in 2024, 909 establishments operate here, and the SBA record carries 25 7(a) approvals worth $18.1 m.
120 sourced county values · tier FULL · 11 sections
Lawrence County
How many people live in Lawrence County
- Population45,102
- Households19,135
- Average household size2.36
- Median household income$66,468
- Median age43.3
- Median gross rent$845 per month
- Median owner-occupied home value$175,000
- Home value to household income2.6 times
- Annual rent as a share of median income15.3 percent
- Adults 25 and over with a bachelor degree or higher20.4 percent
- Adults 25 and over with a graduate degree8.0 percent
- Adults 25 and over32,168
- Population under 189,564
- Share under 1821.2 percent
- Population 65 and over9,247
- Share 65 and over20.5 percent
- Working age population, 18 to 6426,291
- Civilian labor force22,344
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over62.9 percent
- Rank by population among Indiana counties34th of 92
- Rank by population among US county-equivalents1102nd
Lawrence County is the 34th 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 21.2 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.
Lawrence County
Is Lawrence County growing
- Population change since the 2020 census base0.42 percent
- Census 2020 base population45,005
- Births, 2024457
- Deaths, 2024638
- Natural change, 2024-181
- Net domestic migration, 2024327
- Net international migration, 202414
- Total net migration, 2024341
- Cumulative net domestic migration, 2021 to 2024981
- Rank by growth among US county-equivalents1675th
The county has grown 0.42 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.
Lawrence County
Where people moving to Lawrence County come from
- Tax returns filed by households arriving1,052
- People arriving, from those returns1,843
- Adjusted gross income arriving$52.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$50,233
- Largest single originLawrence County Non-migrants (17,806 households)
- Largest single destination (17,806 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Lawrence County Non-migrants | 17,806 | 35,978 | $1.12 bn |
| Monroe County | 304 | 543 | $19.4 m |
| Other flows - Same State | 279 | 502 | $12.7 m |
| Other flows - Different State | 237 | 390 | $11.7 m |
| Other flows - South | 131 | 230 | $6.3 m |
| Orange County | 98 | 195 | $3.7 m |
| Other flows - Midwest | 55 | 95 | $3.0 m |
| Other flows - West | 51 | 65 | $2.5 m |
The largest single source of arrivals is Lawrence 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.
Lawrence County
What the Lawrence County economy runs on
- County GDP, 2024$1.78 bn
- County GDP, 2023$1.75 bn
- GDP change, 2023 to 20241.8 percent
- GDP change over five years33.4 percent
- Rank by GDP among Indiana counties51st
- Rank by GDP among US county-equivalents1370th
- GDP per resident$39,561
Output grew 1.8 percent in the latest year and 33.4 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.
Lawrence County
Who employs people in Lawrence County
- Covered employment, annual average13,507
- Establishments reporting906
- Average annual pay$49,342
- Average weekly wage$949
- Sector 62, employment2,758
- Sector 62, average annual pay$43,391
- Sector 31-33, employment2,432
- Sector 31-33, average annual pay$76,682
- Sector 44-45, employment1,944
- Sector 44-45, average annual pay$29,913
- Sector 72, employment1,149
- Sector 72, average annual pay$20,126
- Sector 54, employment776
- Sector 23, employment665
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 2,758 | 94 | $43,391 |
| Sector 31-33 | 2,432 | 59 | $76,682 |
| Sector 44-45 | 1,944 | 149 | $29,913 |
| Sector 72 | 1,149 | 61 | $20,126 |
| Sector 54 | 776 | 79 | $66,726 |
| Sector 23 | 665 | 97 | $60,337 |
| Sector 81 | 368 | 64 | $33,043 |
| Sector 52 | 355 | 58 | $64,405 |
The largest sector is the biggest private employer group at 2,758 jobs, 20.4 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.
Lawrence County
What businesses operate in Lawrence County
- Establishments, all industries909
- Employment at those establishments12,033
- Annual payroll$577.3 m
- Establishments per 1,000 residents20.2
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.
Lawrence County
What is being built in Lawrence County
- Housing units authorised by permit, 202410
- Declared construction value permitted$3.5 m
- Single family units authorised10
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$353,464
- Units authorised per 1,000 households0.5
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Lawrence County
How much SBA lending happens in Lawrence County
- 7(a) approvals recorded25
- 7(a) gross approval dollars$18.1 m
- Average 7(a) approval$722,628
- Median 7(a) approval$333,000
- 10th percentile approval$50,000
- 90th percentile approval$1,400,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)476
- Jobs per approval19.0
- Distinct 7(a) lenders active13
- Distinct industries receiving approvals18
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer20.0 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter19
- Franchise loans4
- Franchise share of approvals16.0 percent
- Leading industry by approval countFull-Service Restaurants (4)
- Most active lenderThe Huntington National Bank (4)
- 504 approvals recorded13
- 504 gross approval dollars$9.6 m
- Average 504 approval$736,692
- Median 504 approval$458,000
- Distinct CDCs active2
- 504 jobs per approval8.2
- 504 jobs per million dollars approved11.2
- Most active CDCIndiana Statewide Certified Development Corporation (7)
- 7(a) share of SBA approvals65.8 percent
- Combined SBA approval dollars$27.6 m
The average approval of $722,628 sits well above the median of $333,000, 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 20.0 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.
Lawrence County
Do SBA loans in Lawrence County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Exempt from disclosure13
- Status: Committed, not yet disbursed4
- Status: Cancelled6
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.
Lawrence County
Which parts of Lawrence County get the lending
- Places in the county with recorded lending5
- Bedford, approvals14
- Mitchell, approvals6
- Huron, approvals2
- Springville, approvals2
- OOLITIC, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Bedford | 14 | $14,078,400 |
| Mitchell | 6 | $2,915,000 |
| Huron | 2 | $122,300 |
| Springville | 2 | $500,000 |
| OOLITIC | 1 | $450,000 |
Bedford accounts for 14 approvals against 6 in Mitchell. 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.
Lawrence County
How big is Lawrence County
- Land area449 sq mi
- Rank by land area among Indiana counties20th of 92
- Width, east to west22 mi
- Height, north to south21.1 mi
- Geographies sharing a boundary6
- Residents per square mile of land100
- Establishments per square mile2.02
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 Lawrence 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 Lawrence County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population45,102
- Households19,135
- Average household size2.36
- Median household income$66,468
- Median age43.3
Common questions
Lawrence County questions, answered from the record.
How many people live in Lawrence County, Indiana?
45,102, in 19,135 households, ranking 34th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Lawrence County growing?
The population has grown 0.42 percent since the 2020 census base. In 2024 there were 457 births against 638 deaths, with net migration of 341. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Lawrence County?
$66,468. The median owner-occupied home is valued at $175,000, which is 2.6 times income, and median gross rent is $845 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Lawrence County?
909 establishments, employing 12,033 people with an annual payroll of $577.3 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 Lawrence County?
Average annual pay is $49,342, or $949 a week, across 13,507 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Lawrence County?
25 7(a) approvals totalling $18.1 m since FY2020, across 13 lenders, with a median approval of $333,000, plus 13 504 approvals worth $9.6 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Lawrence County?
10 housing units were authorised by permit in 2024, with a declared construction value of $3.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Lawrence 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 Lawrence County come from?
The largest single origin is Lawrence County Non-migrants, with 17,806 households. Arriving households report an average income of $50,233 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 Lawrence 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 Lawrence 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.