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HomeIndianaBoone CountyLebanon city

Lebanon city, Indiana: commercial real estate data.

Lebanon city is a Census city of 17,812 people across 17.31 square miles of land, in Boone County. Median household income is $65,154, 69.5 percent of occupied homes are owned, and the SBA record carries 45 7(a) approvals to borrowers here worth $23.0 m.

77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency

Lebanon

What Lebanon is

  • Census place typecity
  • Land area17.31 sq mi
  • Water area0.02 sq mi
  • Population per square mile of land1,029
  • County holding the largest share of its areaBoone County, 100.0 percent

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Lebanon

How many people live in Lebanon

  • Population17,812
  • Median age34.6
  • Population under 184,279
  • Share under 1824.0 percent
  • Population 65 and over3,015
  • Share 65 and over16.9 percent
  • Households7,371
  • Family households4,498
  • Share of households that are families61.0 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Lebanon

Income and work in Lebanon

  • Median household income$65,154
  • Per capita income$32,583
  • Civilian labor force9,583
  • Employed9,229
  • Unemployed354 plus or minus 149
  • Unemployment rate3.7 percent plus or minus 1.5
  • Adults 25 and over11,486
  • Adults 25 and over with a high school diploma or higher86.7 percent
  • Adults 25 and over with a bachelor degree or higher21.7 percent
  • Adults 25 and over with a graduate degree6.1 percent plus or minus 2.1

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Lebanon

Housing in Lebanon

  • Housing units7,548
  • Occupied units7,371
  • Vacant units177 plus or minus 149
  • Vacancy rate2.3 percent plus or minus 2.0
  • Owner occupied5,125
  • Renter occupied2,246
  • Ownership rate69.5 percent
  • Median owner-occupied home value$195,600
  • Median gross rent, monthly$962
  • Annual rent as a share of median income17.7 percent
  • Single family units5,580
  • Share single family73.9 percent
  • Units in buildings of two or more1,474 plus or minus 342
  • Share in buildings of two or more19.5 percent plus or minus 4.4
  • Mobile homes494 plus or minus 154
  • Median year structure built1976

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Lebanon

How Lebanon gets to work

  • Workers 16 and over who commute7,927
  • Commuting under 15 minutes3,039
  • Share commuting under 15 minutes38.3 percent
  • Commuting 30 minutes or more2,551
  • Share commuting 30 minutes or more32.2 percent
  • Drove alone76.2 percent
  • Carpooled9.8 percent plus or minus 3.8
  • Public transport0.0 percent
  • Walked0.3 percent plus or minus 0.5
  • Worked from home12.9 percent plus or minus 3.4

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Lebanon

SBA loans in Lebanon (7(a))

  • Approvals45
  • Gross approval$22,974,400
  • Average approval$510,542
  • Median approval$197,800
  • Ninetieth percentile approval$1,799,000
  • Largest approval$4,240,000
  • Jobs supported342
  • Jobs per approval7.6
  • Loans with a final outcome13
  • Paid in full12
  • Charged off1
  • Charge-off rate over resolved loans7.7 percent
  • Median term120 months
  • Share on real estate terms of 20 years or more13.3 percent
  • Share to franchises6.7 percent
  • Distinct lenders19
  • Distinct industries by NAICS25

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Lebanon

SBA loans in Lebanon (504)

  • Approvals13
  • Gross approval$4,745,000
  • Average approval$365,000
  • Median approval$370,000
  • Largest approval$1,066,000
  • Jobs supported62
  • Loans with a final outcome2
  • Charged off0
  • Median term240 months
  • Distinct CDCs3

US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.

Boone County, not Lebanon

Boone County context, not Lebanon figures

These are Boone County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lebanon measurements.

  • Establishments in Boone County1,873
  • Employment at those establishments, Boone County40,984
  • Covered employment, Boone County45,424
  • Average annual pay, Boone County$55,895
  • Average weekly wage, Boone County$1,075
  • Housing units permitted, Boone County893
  • Of those, single family, Boone County893
  • County product, 2024, Boone County$6,412,372,000
  • County product change over the prior year, Boone County7.1 percent
  • Average income of an arriving household, Boone County$115,881

Every figure in this section is published for Boone County as a whole and is not a measurement of Lebanon. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

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.

  • This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Lebanon questions, answered from the record.

How many people live in Lebanon, Indiana?

17,812, in 7,371 households. Lebanon city covers 17.31 square miles of land, which is 1,029 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Lebanon in?

Boone County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Lebanon?

$65,154. The median owner-occupied home is valued at $195,600. Median gross rent is $962 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Lebanon businesses?

45 7(a) approvals totalling $23.0 m, across 19 lenders, median approval $197,800, plus 13 504 approvals worth $4.7 m. These count approvals to borrowers whose address is in Lebanon, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Lebanon borrowers get paid back?

Of the 13 loans that have reached a final outcome, 12 were paid in full and 1 charged off, a charge off rate of 7.7 percent. Loans still running are excluded because they have not yet succeeded or failed.

Are the county figures on this page Lebanon figures?

No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Boone County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lebanon.

Is zoning published for Lebanon?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.