Allen County, Indiana: commercial real estate data.
Allen County, Indiana had an estimated 399,295 residents on July 1, 2024, up 3.6 percent since the 2020 census base of 385,402, across 657 square miles. County output reached $29.09 bn in 2024, 9,696 establishments operate here, and the SBA record carries 449 7(a) approvals worth $224.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Allen County
How many people live in Allen County
- Population, American Community Survey 2020-2024392,378
- Households156,570
- Average household size2.51
- Median household income$70,737
- Median age36.2
- Median gross rent$1,021 per month
- Median owner-occupied home value$214,900
- Home value to household income3.0 times
- Annual rent as a share of median income17.3 percent
- Adults 25 and over with a bachelor degree or higher31.6 percent
- Adults 25 and over with a graduate degree10.5 percent
- Adults 25 and over257,531
- Population under 1899,630
- Share under 1825.4 percent
- Population 65 and over61,278
- Share 65 and over15.6 percent
- Working age population, 18 to 64231,470
- Civilian labor force201,715
- Unemployment rate4.7 percent
- Labor force participation, adults 18 and over68.9 percent
- Rank by population among Indiana counties3rd of 92
- Rank by population among US county-equivalents, Puerto Rico included189th of 3,222
Allen County is the 3rd largest of 92 Indiana counties by population. A median home costs 3.0 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 25.4 percent against 15.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Allen County
Is Allen County's population growing?
- Population, July 1, 2024399,295
- Census 2020 base population385,402
- Population change since the 2020 census base3.60 percent
- Population change, 2023 to 20244,164
- Births, 20245,164
- Deaths, 20243,426
- Natural change, 20241,738
- Net domestic migration, 2024601
- Net international migration, 20241,811
- Total net migration, 20242,412
- Cumulative net domestic migration, 2021 to 20242,514
- Rank by growth among US county-equivalents753rd of 3,144
The county has grown 3.60 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Allen County
Where are people moving to Allen County from?
- Tax returns filed by households arriving7,298
- People arriving, from those returns12,752
- Tax returns filed by households leaving7,187
- Net household movement111
- Adjusted gross income arriving$442.9 m
- Net adjusted gross income movement$-73.5 m
- Average income of an arriving household$60,690
- Average income of a leaving household$71,859
- Largest single originDeKalb County (358 households)
- Largest single destinationDeKalb County (442 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| DeKalb County | 358 | 616 | $20.0 m |
| Whitley County | 293 | 500 | $14.6 m |
| Marion County | 290 | 460 | $15.3 m |
| Noble County | 265 | 432 | $13.6 m |
| Huntington County | 259 | 490 | $14.6 m |
| Wells County | 181 | 316 | $9.7 m |
| Kosciusko County | 168 | 276 | $10.9 m |
| Hamilton County | 145 | 266 | $10.8 m |
Households arriving report $11,169 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is DeKalb County, 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.
Allen County
What is the Allen County economy?
- County GDP, 2024$29.09 bn
- County GDP, 2023$27.69 bn
- GDP change, 2023 to 20245.1 percent
- GDP change over five years35.4 percent
- Rank by GDP among the Indiana areas BEA publishes4th of 92
- Rank by GDP among the US county areas BEA publishes199th of 3,127
- GDP per resident$74,129
Output grew 5.1 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.
Allen County
Employment by industry in Allen County
- Covered employment, annual average197,885
- Establishments reporting10,492
- Average annual pay$60,129
- Average weekly wage$1,156
- Health care and social assistance, employment38,417
- Health care and social assistance, average annual pay$67,855
- Manufacturing, employment29,147
- Manufacturing, average annual pay$71,531
- Retail trade, employment21,582
- Retail trade, average annual pay$40,293
- Accommodation and food services, employment17,279
- Accommodation and food services, average annual pay$22,861
- Construction, employment11,421
- Administrative and support and waste management services, employment9,882
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 38,417 | 1,049 | $67,855 |
| Manufacturing | 29,147 | 526 | $71,531 |
| Retail trade | 21,582 | 1,189 | $40,293 |
| Accommodation and food services | 17,279 | 858 | $22,861 |
| Construction | 11,421 | 1,038 | $79,530 |
| Administrative and support and waste management services | 9,882 | 639 | $44,358 |
| Transportation and warehousing | 8,800 | 350 | $56,671 |
| Wholesale trade | 8,770 | 688 | $75,799 |
Health care and social assistance is the largest private sector at 38,417 jobs, 19.4 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Allen County
How many businesses are in Allen County?
- Establishments, all industries9,696
- Employment at those establishments190,285
- Annual payroll$10.66 bn
- Establishments per 1,000 residents24.7
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Allen County
Building permits in Allen County
- Housing units authorized by permit, 20241,861
- Declared construction value permitted$567.1 m
- Single family units authorized1,285
- Multifamily units authorized576
- Multifamily share of units31.0 percent
- Average declared value per unit$304,706
- Units authorized per 1,000 households11.9
Single-family homes are 69.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Allen County
SBA loans in Allen County (7(a) and 504)
- 7(a) approvals recorded449
- 7(a) gross approval dollars$224.5 m
- Average 7(a) approval$499,948
- Median 7(a) approval$200,000
- 10th percentile approval$29,900
- 90th percentile approval$1,448,000
- Largest single approval$4,465,000
- Jobs reported supported, 7(a)4,797
- Jobs per approval10.7
- Distinct 7(a) lenders active64
- Distinct industries receiving approvals152
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer12.0 percent
- Loans on real estate terms54
- Loans on working capital terms, 120 months or shorter358
- Franchise loans78
- Franchise share of approvals17.4 percent
- Leading industry by approval countGeneral Freight Trucking, Long-Distance, Truckload (30)
- Most active lender1st Source Bank (118)
- 504 approvals recorded168
- 504 gross approval dollars$90.2 m
- Average 504 approval$536,685
- Median 504 approval$348,500
- Distinct CDCs active5
- 504 jobs per approval8.8
- 504 jobs per million dollars approved16.4
- Most active CDCCommunity Development Corporation of Fort Wayne (133)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$314.6 m
The average approval of $499,948 sits well above the median of $200,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 12.0 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.
Allen County
SBA loan default and charge-off rates in Allen County
Do SBA loans in Allen County get paid back?
- Loans with a final outcome recorded115
- Paid in full111
- Charged off4
- Charge-off rate on resolved loans3.5 percent
- Status: Paid in full111
- Status: Exempt from disclosure275
- Status: Cancelled40
- Status: Charged off4
- Status: Committed, not yet disbursed19
Of the 115 loans that have reached a final outcome, 3.5 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.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Allen County
SBA lending by place in Allen County
- Borrower cities with recorded lending13
- Fort Wayne, approvals389
- New Haven, approvals24
- Leo, approvals9
- Churubusco, approvals5
- Woodburn, approvals4
- Huntertown, approvals4
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Fort Wayne | 389 | $198,732,000 |
| New Haven | 24 | $14,769,000 |
| Leo | 9 | $1,855,000 |
| Churubusco | 5 | $1,228,000 |
| Woodburn | 4 | $951,900 |
| Huntertown | 4 | $768,000 |
| Roanoke | 4 | $346,300 |
| Monroeville | 3 | $1,638,300 |
| 5 other borrower cities | 7 | $4,188,000 |
Fort Wayne accounts for 389 approvals against 24 in New Haven. 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.
Allen County
How large is Allen County?
- Land area657 sq mi
- Rank by land area among Indiana counties1st of 92
- Width, east to west27.9 mi
- Height, north to south24.5 mi
- Geographies sharing a boundary9
- Residents per square mile of land597
- Establishments per square mile14.76
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.
Allen County
Flood risk in Allen County
- Participation of the county's own NFIP community Allen County, unincorporated areasParticipating, community 180302
- Community Rating System class of the county's own communityClass 7
- Communities in the county in the NFIP Community Status Book9
- Of those, participating in the NFIP9
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class3
- Radon levels in Allen County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Allen County (community 180302), participates in the National Flood Insurance Program and carries Community Rating System class 7, a flood insurance premium discount for policies written there. The EPA places Allen County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 7, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Allen 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 Allen County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024392,378
- Households156,570
- Average household size2.51
- Median household income$70,737
- Median age36.2
Common questions
Allen County questions, answered from the record.
How many people live in Allen County, Indiana?
The Census Bureau estimates 399,295 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 392,378, in 156,570 households, ranking 3rd of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Allen County's population growing?
The population has grown 3.60 percent since the 2020 census base of 385,402, to 399,295 on July 1, 2024. In 2024 there were 5,164 births against 3,426 deaths, with net migration of 2,412. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Allen County?
$70,737. The median owner-occupied home is valued at $214,900, which is 3.0 times income, and median gross rent is $1,021 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Allen County?
9,696 establishments, employing 190,285 people with an annual payroll of $10.66 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Allen County?
Health care and social assistance is the largest private sector at 38,417 jobs, 19.4 percent of covered employment. Covered employment averages 197,885 jobs at an average annual pay of $60,129, or $1,156 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Allen County?
449 7(a) approvals totaling $224.5 m since FY2020, across 64 lenders, with a median approval of $200,000, plus 168 504 approvals worth $90.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Allen County get paid back?
Of the 115 loans that have reached a final outcome, 111 were paid in full and 4 charged off, a charge-off rate of 3.5 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Allen County?
1,861 housing units were authorized by permit in 2024, with a declared construction value of $567.1 m. Multifamily was 31.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Allen 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 Allen County come from?
The largest single origin is DeKalb County, with 358 households. Arriving households report an average income of $60,690 against $71,859 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Allen 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 Allen County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Allen County
Cities and places in Allen.
14 Census places lie wholly or partly in Allen County. All 14 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Fort Wayne | city | 268,589 | 389 | Wholly in this county |
| New Haven | city | 15,698 | 24 | Wholly in this county |
| Huntertown | town | 11,379 | 4 | Wholly in this county |
| Leo-Cedarville | town | 3,695 | None recorded | Wholly in this county |
| Woodburn | city | 1,263 | 4 | Wholly in this county |
| Harlan | CDP | 1,254 | None recorded | Wholly in this county |
| Monroeville | town | 1,122 | 3 | Wholly in this county |
| Grabill | town | 1,108 | 2 | Wholly in this county |
| Hoagland | CDP | 845 | 1 | Wholly in this county |
| Zanesville | town | 488 | None recorded | 35.0 percent here, 65.0 percent Wells County |
| Lake Everett | CDP | 368 | None recorded | Wholly in this county |
| Hessen Cassel | CDP | 261 | None recorded | Wholly in this county |
| Arcola | CDP | 201 | None recorded | Wholly in this county |
| Maples | CDP | 44 | None recorded | Wholly in this county |
A further 22 of the county's 449 SBA 7(a) approvals are to borrowers in cities that match no Census place in Allen County, the largest being Leo (9), Churubusco (5), Roanoke (4). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.