Vanderburgh County, Indiana: commercial real estate data.
Vanderburgh County, Indiana has a population of 180,117 across 233 square miles, up 0.1 percent since the 2020 census base. County output reached $15.63 bn in 2024, 5,102 establishments operate here, and the SBA record carries 214 7(a) approvals worth $122.3 m.
119 sourced county values · tier FULL · 11 sections
Vanderburgh County
How many people live in Vanderburgh County
- Population180,117
- Households78,270
- Average household size2.30
- Median household income$61,648
- Median age38.7
- Median gross rent$985 per month
- Median owner-occupied home value$184,000
- Home value to household income3.0 times
- Annual rent as a share of median income19.2 percent
- Adults 25 and over with a bachelor degree or higher27.8 percent
- Adults 25 and over with a graduate degree9.5 percent
- Adults 25 and over123,784
- Population under 1839,047
- Share under 1821.7 percent
- Population 65 and over32,961
- Share 65 and over18.3 percent
- Working age population, 18 to 64108,109
- Civilian labor force92,430
- Unemployment rate4.2 percent
- Labor force participation, adults 18 and over65.5 percent
- Rank by population among Indiana counties9th of 92
- Rank by population among US county-equivalents382nd
Vanderburgh County is the 9th largest of 92 Indiana counties by population. A median home costs 3.0 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 21.7 percent against 18.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Vanderburgh County
Is Vanderburgh County growing
- Population change since the 2020 census base0.14 percent
- Census 2020 base population180,133
- Births, 20242,116
- Deaths, 20242,144
- Natural change, 2024-28
- Net domestic migration, 202453
- Net international migration, 2024415
- Total net migration, 2024468
- Cumulative net domestic migration, 2021 to 2024-422
- Rank by growth among US county-equivalents1775th
The county has grown 0.14 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.
Vanderburgh County
Where people moving to Vanderburgh County come from
- Tax returns filed by households arriving4,241
- People arriving, from those returns7,146
- Adjusted gross income arriving$236.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$55,745
- Largest single originVanderburgh County Non-migrants (70,557 households)
- Largest single destination (70,557 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Vanderburgh County Non-migrants | 70,557 | 135,229 | $5.34 bn |
| Other flows - Different State | 1,558 | 2,717 | $102.2 m |
| Warrick County | 835 | 1,384 | $48.2 m |
| Other flows - South | 762 | 1,337 | $60.8 m |
| Other flows - Midwest | 460 | 767 | $21.4 m |
| Posey County | 290 | 522 | $14.0 m |
| Other flows - Same State | 252 | 380 | $10.9 m |
| Gibson County | 250 | 443 | $12.6 m |
The largest single source of arrivals is Vanderburgh 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.
Vanderburgh County
What the Vanderburgh County economy runs on
- County GDP, 2024$15.63 bn
- County GDP, 2023$14.94 bn
- GDP change, 2023 to 20244.6 percent
- GDP change over five years35.4 percent
- Rank by GDP among Indiana counties7th
- Rank by GDP among US county-equivalents319th
- GDP per resident$86,770
Output grew 4.6 percent in the latest year and 35.4 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.
Vanderburgh County
Who employs people in Vanderburgh County
- Covered employment, annual average107,139
- Establishments reporting5,183
- Average annual pay$57,061
- Average weekly wage$1,097
- Sector 62, employment18,980
- Sector 62, average annual pay$65,436
- Sector 31-33, employment12,253
- Sector 31-33, average annual pay$69,940
- Sector 44-45, employment11,903
- Sector 44-45, average annual pay$35,708
- Sector 72, employment10,054
- Sector 72, average annual pay$21,870
- Sector 23, employment6,853
- Sector 48-49, employment5,279
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 18,980 | 618 | $65,436 |
| Sector 31-33 | 12,253 | 234 | $69,940 |
| Sector 44-45 | 11,903 | 736 | $35,708 |
| Sector 72 | 10,054 | 487 | $21,870 |
| Sector 23 | 6,853 | 432 | $71,680 |
| Sector 48-49 | 5,279 | 125 | $49,582 |
| Sector 56 | 5,222 | 308 | $39,990 |
| Sector 54 | 4,480 | 547 | $72,963 |
The largest sector is the biggest private employer group at 18,980 jobs, 17.7 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.
Vanderburgh County
What businesses operate in Vanderburgh County
- Establishments, all industries5,102
- Employment at those establishments110,804
- Annual payroll$6.06 bn
- Establishments per 1,000 residents28.3
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.
Vanderburgh County
What is being built in Vanderburgh County
- Housing units authorised by permit, 2024416
- Declared construction value permitted$127.3 m
- Single family units authorised358
- Multifamily units authorised58
- Multifamily share of units13.9 percent
- Average declared value per unit$306,007
- Units authorised per 1,000 households5.3
Multifamily is 13.9 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Vanderburgh County
How much SBA lending happens in Vanderburgh County
- 7(a) approvals recorded214
- 7(a) gross approval dollars$122.3 m
- Average 7(a) approval$571,695
- Median 7(a) approval$230,000
- 10th percentile approval$33,000
- 90th percentile approval$1,339,500
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)2,765
- Jobs per approval12.9
- Distinct 7(a) lenders active43
- Distinct industries receiving approvals88
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer16.8 percent
- Loans on real estate terms36
- Loans on working capital terms, 120 months or shorter162
- Franchise loans38
- Franchise share of approvals17.8 percent
- Leading industry by approval countFull-Service Restaurants (21)
- Most active lenderHeritage Federal Credit Union (45)
- 504 approvals recorded89
- 504 gross approval dollars$59.2 m
- Average 504 approval$665,427
- Median 504 approval$390,000
- Distinct CDCs active3
- 504 jobs per approval8.6
- 504 jobs per million dollars approved13.0
- Most active CDCPremier Capital Corporation (62)
- 7(a) share of SBA approvals70.6 percent
- Combined SBA approval dollars$181.6 m
The average approval of $571,695 sits well above the median of $230,000, 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 16.8 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.
Vanderburgh County
Do SBA loans in Vanderburgh County get paid back
- Loans with a final outcome recorded39
- Paid in full38
- Charged off1
- Charge off rate on resolved loans2.6 percent
- Status: Paid in full38
- Status: Cancelled27
- Status: Exempt from disclosure140
- Status: Charged off1
- Status: Committed, not yet disbursed8
Of the 39 loans that have reached a final outcome, 2.6 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Vanderburgh County
Which parts of Vanderburgh County get the lending
- Places in the county with recorded lending2
- Evansville, approvals213
- DARMSTADT, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Evansville | 213 | $121,992,800 |
| DARMSTADT | 1 | $350,000 |
Evansville accounts for 213 approvals against 1 in DARMSTADT. 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.
Vanderburgh County
How big is Vanderburgh County
- Land area233 sq mi
- Rank by land area among Indiana counties85th of 92
- Width, east to west13.6 mi
- Height, north to south23.7 mi
- Geographies sharing a boundary3
- Residents per square mile of land773
- Establishments per square mile21.90
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 Vanderburgh 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 Vanderburgh County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population180,117
- Households78,270
- Average household size2.30
- Median household income$61,648
- Median age38.7
Common questions
Vanderburgh County questions, answered from the record.
How many people live in Vanderburgh County, Indiana?
180,117, in 78,270 households, ranking 9th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Vanderburgh County growing?
The population has grown 0.14 percent since the 2020 census base. In 2024 there were 2,116 births against 2,144 deaths, with net migration of 468. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Vanderburgh County?
$61,648. The median owner-occupied home is valued at $184,000, which is 3.0 times income, and median gross rent is $985 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Vanderburgh County?
5,102 establishments, employing 110,804 people with an annual payroll of $6.06 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Vanderburgh County?
Average annual pay is $57,061, or $1,097 a week, across 107,139 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Vanderburgh County?
214 7(a) approvals totalling $122.3 m since FY2020, across 43 lenders, with a median approval of $230,000, plus 89 504 approvals worth $59.2 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Vanderburgh County get paid back?
Of the 39 loans that have reached a final outcome, 38 were paid in full and 1 charged off, a charge off rate of 2.6 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Vanderburgh County?
416 housing units were authorised by permit in 2024, with a declared construction value of $127.3 m. Multifamily was 13.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Vanderburgh 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 Vanderburgh County come from?
The largest single origin is Vanderburgh County Non-migrants, with 70,557 households. Arriving households report an average income of $55,745 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 Vanderburgh 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 Vanderburgh 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.