Perry County, Indiana: commercial real estate data.
Perry County, Indiana has a population of 19,270 across 382 square miles, up 0.8 percent since the 2020 census base. County output reached $1.00 bn in 2024, 356 establishments operate here, and the SBA record carries 6 7(a) approvals worth $2.6 m.
116 sourced county values · tier FULL · 11 sections
Perry County
How many people live in Perry County
- Population19,270
- Households7,758
- Average household size2.48
- Median household income$61,151
- Median age41.9
- Median gross rent$682 per month
- Median owner-occupied home value$163,400
- Home value to household income2.7 times
- Annual rent as a share of median income13.4 percent
- Adults 25 and over with a bachelor degree or higher16.6 percent
- Adults 25 and over with a graduate degree4.7 percent
- Adults 25 and over13,866
- Population under 183,974
- Share under 1820.6 percent
- Population 65 and over3,759
- Share 65 and over19.5 percent
- Working age population, 18 to 6411,537
- Civilian labor force8,788
- Unemployment rate4.5 percent
- Labor force participation, adults 18 and over57.5 percent
- Rank by population among Indiana counties75th of 92
- Rank by population among US county-equivalents1926th
Perry County is the 75th largest of 92 Indiana counties by population. A median home costs 2.7 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 20.6 percent against 19.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Perry County
Is Perry County growing
- Population change since the 2020 census base0.77 percent
- Census 2020 base population19,172
- Births, 2024160
- Deaths, 2024216
- Natural change, 2024-56
- Net domestic migration, 202450
- Net international migration, 202436
- Total net migration, 202486
- Cumulative net domestic migration, 2021 to 2024273
- Rank by growth among US county-equivalents1562nd
The county has grown 0.77 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.
Perry County
Where people moving to Perry County come from
- Tax returns filed by households arriving369
- People arriving, from those returns628
- Adjusted gross income arriving$14.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$39,092
- Largest single originPerry County Non-migrants (7,072 households)
- Largest single destination (7,072 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Perry County Non-migrants | 7,072 | 14,243 | $443.3 m |
| Other flows - Same State | 148 | 239 | $4.8 m |
| Other flows - Different State | 95 | 169 | $4.9 m |
| Other flows - South | 95 | 169 | $4.9 m |
| Spencer County | 45 | 91 | $1.8 m |
| Hancock County | 35 | 52 | $1.2 m |
| Vanderburgh County | 26 | 46 | $841,000 |
| Dubois County | 20 | 31 | $837,000 |
The largest single source of arrivals is Perry 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.
Perry County
What the Perry County economy runs on
- County GDP, 2024$1.00 bn
- County GDP, 2023$987.3 m
- GDP change, 2023 to 20241.5 percent
- GDP change over five years43.7 percent
- Rank by GDP among Indiana counties66th
- Rank by GDP among US county-equivalents1840th
- GDP per resident$51,994
Output grew 1.5 percent in the latest year and 43.7 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.
Perry County
Who employs people in Perry County
- Covered employment, annual average6,441
- Establishments reporting379
- Average annual pay$51,166
- Average weekly wage$984
- Sector 31-33, employment2,116
- Sector 31-33, average annual pay$69,050
- Sector 44-45, employment784
- Sector 44-45, average annual pay$26,502
- Sector 72, employment519
- Sector 72, average annual pay$17,483
- Sector 23, employment271
- Sector 23, average annual pay$71,497
- Sector 52, employment121
- Sector 48-49, employment119
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 2,116 | 22 | $69,050 |
| Sector 44-45 | 784 | 57 | $26,502 |
| Sector 72 | 519 | 41 | $17,483 |
| Sector 23 | 271 | 37 | $71,497 |
| Sector 52 | 121 | 24 | $70,339 |
| Sector 48-49 | 119 | 13 | $50,421 |
| Sector 54 | 115 | 28 | $71,411 |
| Sector 81 | 86 | 28 | $33,483 |
The largest sector is the biggest private employer group at 2,116 jobs, 32.9 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.
Perry County
What businesses operate in Perry County
- Establishments, all industries356
- Employment at those establishments5,380
- Annual payroll$276.1 m
- Establishments per 1,000 residents18.5
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.
Perry County
What is being built in Perry County
- Housing units authorised by permit, 202428
- Declared construction value permitted$7.8 m
- Single family units authorised28
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$277,607
- Units authorised per 1,000 households3.6
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Perry County
How much SBA lending happens in Perry County
- 7(a) approvals recorded6
- 7(a) gross approval dollars$2.6 m
- Average 7(a) approval$428,900
- Median 7(a) approval$467,500
- 10th percentile approval$25,000
- 90th percentile approval$920,900
- Largest single approval$920,900
- Jobs reported supported, 7(a)25
- Jobs per approval4.2
- Distinct 7(a) lenders active5
- Distinct industries receiving approvals5
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer33.3 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter4
- Franchise loans2
- Franchise share of approvals33.3 percent
- Leading industry by approval countBeer, Wine, and Liquor Retailers (2)
- Most active lenderHeritage Federal Credit Union (2)
- 504 approvals recorded2
- 504 gross approval dollars$1.1 m
- Average 504 approval$554,000
- Median 504 approval$802,000
- Distinct CDCs active2
- 504 jobs per approval12.5
- 504 jobs per million dollars approved22.6
- Most active CDCIndiana Statewide Certified Development Corporation (1)
- 7(a) share of SBA approvals75.0 percent
- Combined SBA approval dollars$3.7 m
The average approval of $428,900 sits close to the median of $467,500, so lending here is fairly evenly sized rather than driven by a few large deals. 33.3 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.
Perry County
Do SBA loans in Perry County get paid back
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Exempt from disclosure4
- Status: Paid in full1
- Status: Cancelled1
Too few loans have reached a final outcome to publish a charge off rate. only 1 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.
Perry County
Which parts of Perry County get the lending
- Places in the county with recorded lending2
- Tell City, approvals3
- Cannelton, approvals3
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Tell City | 3 | $1,302,500 |
| Cannelton | 3 | $1,270,900 |
Tell City accounts for 3 approvals against 3 in Cannelton. 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.
Perry County
How big is Perry County
- Land area382 sq mi
- Rank by land area among Indiana counties58th of 92
- Width, east to west21.2 mi
- Height, north to south29.3 mi
- Geographies sharing a boundary3
- Residents per square mile of land50
- Establishments per square mile0.93
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 Perry 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 Perry County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population19,270
- Households7,758
- Average household size2.48
- Median household income$61,151
- Median age41.9
Common questions
Perry County questions, answered from the record.
How many people live in Perry County, Indiana?
19,270, in 7,758 households, ranking 75th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Perry County growing?
The population has grown 0.77 percent since the 2020 census base. In 2024 there were 160 births against 216 deaths, with net migration of 86. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Perry County?
$61,151. The median owner-occupied home is valued at $163,400, which is 2.7 times income, and median gross rent is $682 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Perry County?
356 establishments, employing 5,380 people with an annual payroll of $276.1 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 Perry County?
Average annual pay is $51,166, or $984 a week, across 6,441 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Perry County?
6 7(a) approvals totalling $2.6 m since FY2020, across 5 lenders, with a median approval of $467,500, plus 2 504 approvals worth $1.1 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Perry County?
28 housing units were authorised by permit in 2024, with a declared construction value of $7.8 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Perry 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 Perry County come from?
The largest single origin is Perry County Non-migrants, with 7,072 households. Arriving households report an average income of $39,092 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 Perry 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 Perry 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.