Vigo County, Indiana: commercial real estate data.
Vigo County, Indiana has a population of 106,109 across 403 square miles, up 0.0 percent since the 2020 census base. County output reached $6.57 bn in 2024, 2,473 establishments operate here, and the SBA record carries 57 7(a) approvals worth $37.1 m.
119 sourced county values · tier FULL · 11 sections
Vigo County
How many people live in Vigo County
- Population106,109
- Households42,399
- Average household size2.50
- Median household income$52,976
- Median age36.3
- Median gross rent$924 per month
- Median owner-occupied home value$148,500
- Home value to household income2.8 times
- Annual rent as a share of median income20.9 percent
- Adults 25 and over with a bachelor degree or higher26.3 percent
- Adults 25 and over with a graduate degree10.7 percent
- Adults 25 and over68,425
- Population under 1821,761
- Share under 1820.5 percent
- Population 65 and over18,426
- Share 65 and over17.4 percent
- Working age population, 18 to 6465,922
- Civilian labor force49,891
- Unemployment rate5.7 percent
- Labor force participation, adults 18 and over59.1 percent
- Rank by population among Indiana counties17th of 92
- Rank by population among US county-equivalents591st
Vigo County is the 17th largest of 92 Indiana counties by population. A median home costs 2.8 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 20.5 percent against 17.4 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Vigo County
Is Vigo County growing
- Population change since the 2020 census base0.00 percent
- Census 2020 base population106,162
- Births, 20241,114
- Deaths, 20241,254
- Natural change, 2024-140
- Net domestic migration, 2024-51
- Net international migration, 2024302
- Total net migration, 2024251
- Cumulative net domestic migration, 2021 to 2024117
- Rank by growth among US county-equivalents1820th
The county has grown 0.00 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.
Vigo County
Where people moving to Vigo County come from
- Tax returns filed by households arriving2,288
- People arriving, from those returns3,900
- Adjusted gross income arriving$109.0 m
- Net adjusted gross income movement$0
- Average income of an arriving household$47,634
- Largest single originVigo County Non-migrants (37,537 households)
- Largest single destination (37,537 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Vigo County Non-migrants | 37,537 | 73,416 | $2.57 bn |
| Other flows - Different State | 775 | 1,367 | $40.9 m |
| Other flows - South | 328 | 588 | $17.7 m |
| Other flows - Same State | 289 | 435 | $12.2 m |
| Other flows - Midwest | 253 | 454 | $13.8 m |
| Clay County | 232 | 437 | $9.6 m |
| Marion County | 156 | 260 | $7.2 m |
| Other flows - West | 139 | 239 | $6.6 m |
The largest single source of arrivals is Vigo 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.
Vigo County
What the Vigo County economy runs on
- County GDP, 2024$6.57 bn
- County GDP, 2023$6.23 bn
- GDP change, 2023 to 20245.4 percent
- GDP change over five years35.6 percent
- Rank by GDP among Indiana counties16th
- Rank by GDP among US county-equivalents610th
- GDP per resident$61,923
Output grew 5.4 percent in the latest year and 35.6 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.
Vigo County
Who employs people in Vigo County
- Covered employment, annual average46,144
- Establishments reporting2,526
- Average annual pay$53,152
- Average weekly wage$1,022
- Sector 62, employment8,764
- Sector 62, average annual pay$61,628
- Sector 44-45, employment5,990
- Sector 44-45, average annual pay$32,474
- Sector 72, employment5,565
- Sector 72, average annual pay$22,197
- Sector 31-33, employment5,488
- Sector 31-33, average annual pay$68,992
- Sector 23, employment2,119
- Sector 56, employment1,524
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 8,764 | 357 | $61,628 |
| Sector 44-45 | 5,990 | 366 | $32,474 |
| Sector 72 | 5,565 | 256 | $22,197 |
| Sector 31-33 | 5,488 | 120 | $68,992 |
| Sector 23 | 2,119 | 204 | $79,194 |
| Sector 56 | 1,524 | 129 | $36,583 |
| Sector 48-49 | 1,472 | 80 | $62,965 |
| Sector 42 | 1,460 | 114 | $67,864 |
The largest sector is the biggest private employer group at 8,764 jobs, 19.0 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Vigo County
What businesses operate in Vigo County
- Establishments, all industries2,473
- Employment at those establishments41,318
- Annual payroll$1.93 bn
- Establishments per 1,000 residents23.3
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.
Vigo County
What is being built in Vigo County
- Housing units authorised by permit, 202498
- Declared construction value permitted$12.9 m
- Single family units authorised98
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$131,981
- Units authorised per 1,000 households2.3
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Vigo County
How much SBA lending happens in Vigo County
- 7(a) approvals recorded57
- 7(a) gross approval dollars$37.1 m
- Average 7(a) approval$650,268
- Median 7(a) approval$269,000
- 10th percentile approval$67,000
- 90th percentile approval$1,775,000
- Largest single approval$3,788,000
- Jobs reported supported, 7(a)825
- Jobs per approval14.5
- Distinct 7(a) lenders active23
- Distinct industries receiving approvals34
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer19.3 percent
- Loans on real estate terms11
- Loans on working capital terms, 120 months or shorter41
- Franchise loans15
- Franchise share of approvals26.3 percent
- Leading industry by approval countLimited-Service Restaurants (8)
- Most active lenderThe Riddell National Bank (13)
- 504 approvals recorded9
- 504 gross approval dollars$15.0 m
- Average 504 approval$1,661,333
- Median 504 approval$1,486,000
- Distinct CDCs active2
- 504 jobs per approval23.1
- 504 jobs per million dollars approved13.9
- Most active CDCPremier Capital Corporation (6)
- 7(a) share of SBA approvals86.4 percent
- Combined SBA approval dollars$52.0 m
The average approval of $650,268 sits well above the median of $269,000, 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 19.3 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.
Vigo County
Do SBA loans in Vigo County get paid back
- Loans with a final outcome recorded9
- Paid in full8
- Charged off1
- Status: Exempt from disclosure37
- Status: Paid in full8
- Status: Charged off1
- Status: Cancelled9
- Status: Committed, not yet disbursed2
Too few loans have reached a final outcome to publish a charge off rate. only 9 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.
Vigo County
Which parts of Vigo County get the lending
- Places in the county with recorded lending3
- TERRE HAUTE, approvals54
- WEST TERRE HAUTE, approvals2
- Riley, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| TERRE HAUTE | 54 | $31,790,300 |
| WEST TERRE HAUTE | 2 | $2,050,000 |
| Riley | 1 | $3,225,000 |
TERRE HAUTE accounts for 54 approvals against 2 in WEST TERRE HAUTE. 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.
Vigo County
How big is Vigo County
- Land area403 sq mi
- Rank by land area among Indiana counties42nd of 92
- Width, east to west22 mi
- Height, north to south24.1 mi
- Geographies sharing a boundary4
- Residents per square mile of land263
- Establishments per square mile6.14
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 Vigo 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 Vigo County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population106,109
- Households42,399
- Average household size2.50
- Median household income$52,976
- Median age36.3
Common questions
Vigo County questions, answered from the record.
How many people live in Vigo County, Indiana?
106,109, in 42,399 households, ranking 17th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Vigo County growing?
The population has grown 0.00 percent since the 2020 census base. In 2024 there were 1,114 births against 1,254 deaths, with net migration of 251. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Vigo County?
$52,976. The median owner-occupied home is valued at $148,500, which is 2.8 times income, and median gross rent is $924 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Vigo County?
2,473 establishments, employing 41,318 people with an annual payroll of $1.93 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 Vigo County?
Average annual pay is $53,152, or $1,022 a week, across 46,144 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Vigo County?
57 7(a) approvals totalling $37.1 m since FY2020, across 23 lenders, with a median approval of $269,000, plus 9 504 approvals worth $15.0 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Vigo County?
98 housing units were authorised by permit in 2024, with a declared construction value of $12.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Vigo 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 Vigo County come from?
The largest single origin is Vigo County Non-migrants, with 37,537 households. Arriving households report an average income of $47,634 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 Vigo 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 Vigo 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.