Randolph County, Indiana: commercial real estate data.
Randolph County, Indiana has a population of 24,387 across 452 square miles, down 0.7 percent since the 2020 census base. County output reached $1.26 bn in 2024, 490 establishments operate here, and the SBA record carries 19 7(a) approvals worth $9.4 m.
120 sourced county values · tier FULL · 11 sections
Randolph County
How many people live in Randolph County
- Population24,387
- Households10,364
- Average household size2.35
- Median household income$60,791
- Median age42.3
- Median gross rent$723 per month
- Median owner-occupied home value$113,400
- Home value to household income1.9 times
- Annual rent as a share of median income14.3 percent
- Adults 25 and over with a bachelor degree or higher15.1 percent
- Adults 25 and over with a graduate degree5.3 percent
- Adults 25 and over17,078
- Population under 185,529
- Share under 1822.7 percent
- Population 65 and over5,031
- Share 65 and over20.6 percent
- Working age population, 18 to 6413,827
- Civilian labor force11,391
- Unemployment rate4.5 percent
- Labor force participation, adults 18 and over60.4 percent
- Rank by population among Indiana counties64th of 92
- Rank by population among US county-equivalents1685th
Randolph County is the 64th largest of 92 Indiana counties by population. A median home costs 1.9 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.7 percent against 20.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Randolph County
Is Randolph County growing
- Population change since the 2020 census base-0.69 percent
- Census 2020 base population24,507
- Births, 2024298
- Deaths, 2024341
- Natural change, 2024-43
- Net domestic migration, 2024-34
- Net international migration, 202455
- Total net migration, 202421
- Cumulative net domestic migration, 2021 to 202484
- Rank by growth among US county-equivalents2085th
The county has lost 0.69 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.
Randolph County
Where people moving to Randolph County come from
- Tax returns filed by households arriving573
- People arriving, from those returns1,050
- Adjusted gross income arriving$24.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$42,630
- Largest single originRandolph County Non-migrants (9,365 households)
- Largest single destination (9,365 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Randolph County Non-migrants | 9,365 | 18,898 | $552.1 m |
| Other flows - Different State | 152 | 259 | $6.7 m |
| Delaware County | 135 | 236 | $5.2 m |
| Other flows - Same State | 98 | 178 | $4.8 m |
| Wayne County | 67 | 128 | $2.6 m |
| Other flows - South | 67 | 111 | $2.3 m |
| Darke County | 63 | 136 | $2.3 m |
| Other flows - Midwest | 52 | 80 | $2.0 m |
The largest single source of arrivals is Randolph 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.
Randolph County
What the Randolph County economy runs on
- County GDP, 2024$1.26 bn
- County GDP, 2023$1.24 bn
- GDP change, 2023 to 20241.6 percent
- GDP change over five years59.9 percent
- Rank by GDP among Indiana counties62nd
- Rank by GDP among US county-equivalents1656th
- GDP per resident$51,623
Output grew 1.6 percent in the latest year and 59.9 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.
Randolph County
Who employs people in Randolph County
- Covered employment, annual average7,093
- Establishments reporting569
- Average annual pay$51,830
- Average weekly wage$997
- Sector 31-33, employment1,416
- Sector 31-33, average annual pay$64,767
- Sector 23, employment804
- Sector 23, average annual pay$84,352
- Sector 44-45, employment656
- Sector 44-45, average annual pay$27,729
- Sector 56, employment350
- Sector 56, average annual pay$46,895
- Sector 81, employment225
- Sector 52, employment122
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 1,416 | 39 | $64,767 |
| Sector 23 | 804 | 73 | $84,352 |
| Sector 44-45 | 656 | 66 | $27,729 |
| Sector 56 | 350 | 20 | $46,895 |
| Sector 81 | 225 | 40 | $31,726 |
| Sector 52 | 122 | 32 | $103,598 |
The largest sector is the biggest private employer group at 1,416 jobs, 20.0 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.
Randolph County
What businesses operate in Randolph County
- Establishments, all industries490
- Employment at those establishments5,559
- Annual payroll$265.2 m
- Establishments per 1,000 residents20.1
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.
Randolph County
What is being built in Randolph County
- Housing units authorised by permit, 202419
- Declared construction value permitted$3.1 m
- Single family units authorised19
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$164,127
- Units authorised per 1,000 households1.8
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Randolph County
How much SBA lending happens in Randolph County
- 7(a) approvals recorded19
- 7(a) gross approval dollars$9.4 m
- Average 7(a) approval$496,579
- Median 7(a) approval$150,000
- 10th percentile approval$25,000
- 90th percentile approval$3,000,000
- Largest single approval$3,100,000
- Jobs reported supported, 7(a)213
- Jobs per approval11.2
- Distinct 7(a) lenders active8
- Distinct industries receiving approvals14
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer21.1 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter14
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countLimited-Service Restaurants (4)
- Most active lenderCitizens State Bank of New Castle (7)
- 504 approvals recorded4
- 504 gross approval dollars$983,000
- Average 504 approval$245,750
- Median 504 approval$214,000
- Distinct CDCs active2
- 504 jobs per approval2.0
- 504 jobs per million dollars approved8.1
- Most active CDCIndiana Statewide Certified Development Corporation (3)
- 7(a) share of SBA approvals82.6 percent
- Combined SBA approval dollars$10.4 m
The average approval of $496,579 sits well above the median of $150,000, 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 21.1 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.
Randolph County
Do SBA loans in Randolph County get paid back
- Loans with a final outcome recorded3
- Paid in full2
- Charged off1
- Status: Paid in full2
- Status: Charged off1
- Status: Exempt from disclosure13
- Status: Cancelled2
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 3 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.
Randolph County
Which parts of Randolph County get the lending
- Places in the county with recorded lending4
- UNION CITY, approvals7
- Winchester, approvals6
- Ridgeville, approvals4
- ALBANY, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| UNION CITY | 7 | $7,075,000 |
| Winchester | 6 | $1,543,000 |
| Ridgeville | 4 | $517,000 |
| ALBANY | 2 | $300,000 |
UNION CITY accounts for 7 approvals against 6 in Winchester. 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.
Randolph County
How big is Randolph County
- Land area452 sq mi
- Rank by land area among Indiana counties19th of 92
- Width, east to west21.9 mi
- Height, north to south21.1 mi
- Geographies sharing a boundary4
- Residents per square mile of land54
- Establishments per square mile1.08
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 Randolph 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 Randolph County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population24,387
- Households10,364
- Average household size2.35
- Median household income$60,791
- Median age42.3
Common questions
Randolph County questions, answered from the record.
How many people live in Randolph County, Indiana?
24,387, in 10,364 households, ranking 64th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Randolph County growing?
The population has fallen 0.69 percent since the 2020 census base. In 2024 there were 298 births against 341 deaths, with net migration of 21. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Randolph County?
$60,791. The median owner-occupied home is valued at $113,400, which is 1.9 times income, and median gross rent is $723 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Randolph County?
490 establishments, employing 5,559 people with an annual payroll of $265.2 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 Randolph County?
Average annual pay is $51,830, or $997 a week, across 7,093 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Randolph County?
19 7(a) approvals totalling $9.4 m since FY2020, across 8 lenders, with a median approval of $150,000, plus 4 504 approvals worth $983,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Randolph County?
19 housing units were authorised by permit in 2024, with a declared construction value of $3.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Randolph 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 Randolph County come from?
The largest single origin is Randolph County Non-migrants, with 9,365 households. Arriving households report an average income of $42,630 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 Randolph 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 Randolph 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.