Sullivan County, Indiana: commercial real estate data.
Sullivan County, Indiana has a population of 20,780 across 447 square miles, down 0.2 percent since the 2020 census base. County output reached $1.16 bn in 2024, 325 establishments operate here, and the SBA record carries 3 7(a) approvals worth $1.8 m.
115 sourced county values · tier FULL · 11 sections
Sullivan County
How many people live in Sullivan County
- Population20,780
- Households7,832
- Average household size2.65
- Median household income$56,204
- Median age41.7
- Median gross rent$829 per month
- Median owner-occupied home value$131,100
- Home value to household income2.3 times
- Annual rent as a share of median income17.7 percent
- Adults 25 and over with a bachelor degree or higher14.6 percent
- Adults 25 and over with a graduate degree4.1 percent
- Adults 25 and over15,268
- Population under 183,907
- Share under 1818.8 percent
- Population 65 and over3,937
- Share 65 and over18.9 percent
- Working age population, 18 to 6412,936
- Civilian labor force9,516
- Unemployment rate4.4 percent
- Labor force participation, adults 18 and over56.4 percent
- Rank by population among Indiana counties69th of 92
- Rank by population among US county-equivalents1835th
Sullivan County is the 69th 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 65 and over outnumber those under 18, at 18.9 percent against 18.8 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Sullivan County
Is Sullivan County growing
- Population change since the 2020 census base-0.24 percent
- Census 2020 base population20,817
- Births, 2024219
- Deaths, 2024266
- Natural change, 2024-47
- Net domestic migration, 2024-9
- Net international migration, 20241
- Total net migration, 2024-8
- Cumulative net domestic migration, 2021 to 2024113
- Rank by growth among US county-equivalents1930th
The county has lost 0.24 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Sullivan County
Where people moving to Sullivan County come from
- Tax returns filed by households arriving457
- People arriving, from those returns872
- Adjusted gross income arriving$19.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$42,411
- Largest single originSullivan County Non-migrants (7,187 households)
- Largest single destination (7,187 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Sullivan County Non-migrants | 7,187 | 14,640 | $442.5 m |
| Other flows - Same State | 165 | 316 | $6.2 m |
| Vigo County | 114 | 196 | $4.7 m |
| Other flows - Different State | 100 | 195 | $5.5 m |
| Greene County | 78 | 165 | $3.0 m |
| Other flows - Midwest | 51 | 103 | $2.2 m |
| Other flows - South | 49 | 92 | $3.3 m |
The largest single source of arrivals is Sullivan 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.
Sullivan County
What the Sullivan County economy runs on
- County GDP, 2024$1.16 bn
- County GDP, 2023$1.27 bn
- GDP change, 2023 to 2024-8.8 percent
- GDP change over five years33.7 percent
- Rank by GDP among Indiana counties63rd
- Rank by GDP among US county-equivalents1717th
- GDP per resident$55,953
Output grew -8.8 percent in the latest year and 33.7 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.
Sullivan County
Who employs people in Sullivan County
- Covered employment, annual average5,720
- Establishments reporting372
- Average annual pay$51,807
- Average weekly wage$996
- Sector 31-33, employment636
- Sector 31-33, average annual pay$52,809
- Sector 44-45, employment601
- Sector 44-45, average annual pay$28,170
- Sector 22, employment214
- Sector 22, average annual pay$123,598
- Sector 54, employment118
- Sector 54, average annual pay$52,893
- Sector 42, employment115
- Sector 81, employment111
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 636 | 16 | $52,809 |
| Sector 44-45 | 601 | 55 | $28,170 |
| Sector 22 | 214 | 7 | $123,598 |
| Sector 54 | 118 | 28 | $52,893 |
| Sector 42 | 115 | 13 | $54,888 |
| Sector 81 | 111 | 22 | $29,905 |
| Sector 23 | 110 | 33 | $63,678 |
| Sector 51 | 95 | 7 | $56,711 |
The largest sector is the biggest private employer group at 636 jobs, 11.1 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.
Sullivan County
What businesses operate in Sullivan County
- Establishments, all industries325
- Employment at those establishments4,125
- Annual payroll$209.5 m
- Establishments per 1,000 residents15.6
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.
Sullivan County
What is being built in Sullivan County
- Housing units authorised by permit, 20244
- Declared construction value permitted$800,000
- Single family units authorised4
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$200,000
- 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.
Sullivan County
How much SBA lending happens in Sullivan County
- 7(a) approvals recorded3
- 7(a) gross approval dollars$1.8 m
- Average 7(a) approval$603,000
- Median 7(a) approval$275,000
- 10th percentile approval$202,500
- 90th percentile approval$1,331,500
- Largest single approval$1,331,500
- Jobs reported supported, 7(a)16
- Jobs per approval5.3
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer33.3 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter2
- Franchise loans1
- Franchise share of approvals33.3 percent
- Leading industry by approval countGasoline Stations with Convenience Stores (1)
- Most active lenderMerchants Bank of Indiana (1)
- 504 approvals recorded3
- 504 gross approval dollars$2.9 m
- Average 504 approval$964,667
- Median 504 approval$251,000
- Distinct CDCs active2
- 504 jobs per approval8.0
- 504 jobs per million dollars approved8.3
- Most active CDCPremier Capital Corporation (2)
- 7(a) share of SBA approvals50.0 percent
- Combined SBA approval dollars$4.7 m
The average approval of $603,000 sits well above the median of $275,000, 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. 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.
Sullivan County
Do SBA loans in Sullivan County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure2
- Status: Cancelled1
Too few loans have reached a final outcome to publish a charge off rate. only 0 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.
Sullivan County
Which parts of Sullivan County get the lending
- Places in the county with recorded lending2
- Sullivan, approvals2
- CARLISLE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Sullivan | 2 | $1,606,500 |
| CARLISLE | 1 | $202,500 |
Sullivan accounts for 2 approvals against 1 in CARLISLE. 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.
Sullivan County
How big is Sullivan County
- Land area447 sq mi
- Rank by land area among Indiana counties21st of 92
- Width, east to west22.5 mi
- Height, north to south24.3 mi
- Geographies sharing a boundary4
- Residents per square mile of land46
- Establishments per square mile0.73
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 Sullivan 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 Sullivan County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population20,780
- Households7,832
- Average household size2.65
- Median household income$56,204
- Median age41.7
Common questions
Sullivan County questions, answered from the record.
How many people live in Sullivan County, Indiana?
20,780, in 7,832 households, ranking 69th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Sullivan County growing?
The population has fallen 0.24 percent since the 2020 census base. In 2024 there were 219 births against 266 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 Sullivan County?
$56,204. The median owner-occupied home is valued at $131,100, which is 2.3 times income, and median gross rent is $829 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Sullivan County?
325 establishments, employing 4,125 people with an annual payroll of $209.5 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 Sullivan County?
Average annual pay is $51,807, or $996 a week, across 5,720 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Sullivan County?
3 7(a) approvals totalling $1.8 m since FY2020, across 3 lenders, with a median approval of $275,000, plus 3 504 approvals worth $2.9 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Sullivan County?
4 housing units were authorised by permit in 2024, with a declared construction value of $800,000. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Sullivan 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 Sullivan County come from?
The largest single origin is Sullivan County Non-migrants, with 7,187 households. Arriving households report an average income of $42,411 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 Sullivan 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 Sullivan 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.