Parke County, Indiana: commercial real estate data.
Parke County, Indiana has a population of 16,406 across 445 square miles, up 2.1 percent since the 2020 census base. County output reached $533.8 m in 2024, 307 establishments operate here, and the SBA record carries 7 7(a) approvals worth $1.1 m.
117 sourced county values · tier FULL · 11 sections
Parke County
How many people live in Parke County
- Population16,406
- Households6,147
- Average household size2.67
- Median household income$68,485
- Median age41.6
- Median gross rent$704 per month
- Median owner-occupied home value$151,200
- Home value to household income2.2 times
- Annual rent as a share of median income12.3 percent
- Adults 25 and over with a bachelor degree or higher15.4 percent
- Adults 25 and over with a graduate degree6.3 percent
- Adults 25 and over11,574
- Population under 183,651
- Share under 1822.3 percent
- Population 65 and over3,370
- Share 65 and over20.5 percent
- Working age population, 18 to 649,385
- Civilian labor force6,837
- Unemployment rate4.4 percent
- Labor force participation, adults 18 and over53.6 percent
- Rank by population among Indiana counties78th of 92
- Rank by population among US county-equivalents2076th
Parke County is the 78th largest of 92 Indiana counties by population. A median home costs 2.2 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.3 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.
Parke County
Is Parke County growing
- Population change since the 2020 census base2.13 percent
- Census 2020 base population16,163
- Births, 2024191
- Deaths, 2024174
- Natural change, 202417
- Net domestic migration, 20248
- Net international migration, 20240
- Total net migration, 20248
- Cumulative net domestic migration, 2021 to 2024275
- Rank by growth among US county-equivalents1131st
The county has grown 2.13 percent since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Parke County
Where people moving to Parke County come from
- Tax returns filed by households arriving363
- People arriving, from those returns700
- Adjusted gross income arriving$20.8 m
- Net adjusted gross income movement$0
- Average income of an arriving household$57,391
- Largest single originParke County Non-migrants (5,640 households)
- Largest single destination (5,640 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Parke County Non-migrants | 5,640 | 12,224 | $355.9 m |
| Other flows - Same State | 126 | 239 | $8.3 m |
| Other flows - Different State | 88 | 176 | $5.2 m |
| Vigo County | 63 | 144 | $2.5 m |
| Other flows - South | 33 | 65 | $2.1 m |
| Montgomery County | 31 | 59 | $2.6 m |
| Vermillion County | 30 | 46 | $1.1 m |
| Other flows - Midwest | 28 | 58 | $1.7 m |
The largest single source of arrivals is Parke 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.
Parke County
What the Parke County economy runs on
- County GDP, 2024$533.8 m
- County GDP, 2023$543.5 m
- GDP change, 2023 to 2024-1.8 percent
- GDP change over five years33.2 percent
- Rank by GDP among Indiana counties84th
- Rank by GDP among US county-equivalents2367th
- GDP per resident$32,534
Output grew -1.8 percent in the latest year and 33.2 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.
Parke County
Who employs people in Parke County
- Covered employment, annual average3,575
- Establishments reporting326
- Average annual pay$42,489
- Average weekly wage$817
- Sector 31-33, employment431
- Sector 31-33, average annual pay$54,515
- Sector 44-45, employment368
- Sector 44-45, average annual pay$33,980
- Sector 72, employment265
- Sector 72, average annual pay$15,582
- Sector 42, employment166
- Sector 42, average annual pay$39,309
- Sector 23, employment145
- Sector 53, employment121
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 431 | 14 | $54,515 |
| Sector 44-45 | 368 | 42 | $33,980 |
| Sector 72 | 265 | 28 | $15,582 |
| Sector 42 | 166 | 12 | $39,309 |
| Sector 23 | 145 | 29 | $54,420 |
| Sector 53 | 121 | 12 | $62,793 |
| Sector 54 | 112 | 10 | $43,045 |
| Sector 52 | 58 | 16 | $51,998 |
The largest sector is the biggest private employer group at 431 jobs, 12.1 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.
Parke County
What businesses operate in Parke County
- Establishments, all industries307
- Employment at those establishments2,282
- Annual payroll$94.9 m
- Establishments per 1,000 residents18.7
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.
Parke County
What is being built in Parke County
- Housing units authorised by permit, 202465
- Declared construction value permitted$18.6 m
- Single family units authorised59
- Multifamily units authorised6
- Multifamily share of units9.2 percent
- Average declared value per unit$286,105
- Units authorised per 1,000 households10.6
Multifamily is 9.2 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Parke County
How much SBA lending happens in Parke County
- 7(a) approvals recorded7
- 7(a) gross approval dollars$1.1 m
- Average 7(a) approval$163,386
- Median 7(a) approval$150,000
- 10th percentile approval$12,000
- 90th percentile approval$300,000
- Largest single approval$300,000
- Jobs reported supported, 7(a)38
- Jobs per approval5.4
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals5
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter7
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countLandscaping Services (2)
- Most active lenderThe Riddell National Bank (2)
- 504 approvals recorded1
- 504 gross approval dollars$204,000
- Average 504 approval$204,000
- Median 504 approval$204,000
- Distinct CDCs active1
- 504 jobs per approval6.0
- 504 jobs per million dollars approved29.4
- Most active CDCIndiana Statewide Certified Development Corporation (1)
- 7(a) share of SBA approvals87.5 percent
- Combined SBA approval dollars$1.3 m
The average approval of $163,386 sits close to the median of $150,000, so lending here is fairly evenly sized rather than driven by a few large deals. Only 0.0 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.
Parke County
Do SBA loans in Parke County get paid back
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Exempt from disclosure4
- Status: Committed, not yet disbursed1
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.
Parke County
Which parts of Parke County get the lending
- Places in the county with recorded lending3
- Rockville, approvals5
- ROSEDALE, approvals1
- Bloomingdale, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Rockville | 5 | $604,700 |
| ROSEDALE | 1 | $245,000 |
| Bloomingdale | 1 | $294,000 |
Rockville accounts for 5 approvals against 1 in ROSEDALE. 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.
Parke County
How big is Parke County
- Land area445 sq mi
- Rank by land area among Indiana counties23rd of 92
- Width, east to west21.8 mi
- Height, north to south24.1 mi
- Geographies sharing a boundary6
- Residents per square mile of land37
- Establishments per square mile0.69
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 Parke 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 Parke County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population16,406
- Households6,147
- Average household size2.67
- Median household income$68,485
- Median age41.6
Common questions
Parke County questions, answered from the record.
How many people live in Parke County, Indiana?
16,406, in 6,147 households, ranking 78th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Parke County growing?
The population has grown 2.13 percent since the 2020 census base. In 2024 there were 191 births against 174 deaths, with net migration of 8. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Parke County?
$68,485. The median owner-occupied home is valued at $151,200, which is 2.2 times income, and median gross rent is $704 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Parke County?
307 establishments, employing 2,282 people with an annual payroll of $94.9 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 Parke County?
Average annual pay is $42,489, or $817 a week, across 3,575 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Parke County?
7 7(a) approvals totalling $1.1 m since FY2020, across 4 lenders, with a median approval of $150,000, plus 1 504 approvals worth $204,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Parke County?
65 housing units were authorised by permit in 2024, with a declared construction value of $18.6 m. Multifamily was 9.2 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Parke County?
Zone 2, a predicted average indoor radon screening level from 2 to 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 Parke County come from?
The largest single origin is Parke County Non-migrants, with 5,640 households. Arriving households report an average income of $57,391 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 Parke 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 Parke 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.