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HomeIndianaBoone CountyThorntown town

Thorntown town, Indiana: commercial real estate data.

Thorntown town is a Census town of 1,212 people across 0.61 square miles of land, in Boone County. Median household income is $73,750, 66.4 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $544,000.

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

Thorntown

What Thorntown is

  • Census place typetown
  • Land area0.61 sq mi
  • Water area0 sq mi
  • Population per square mile of land1,977 plus or minus 460
  • 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.

Thorntown

How many people live in Thorntown

  • Population1,212 plus or minus 282
  • Median age35.0 plus or minus 9.1
  • Population under 18366 plus or minus 105
  • Share under 1830.2 percent
  • Population 65 and over231 plus or minus 49
  • Share 65 and over19.1 percent plus or minus 6.0
  • Households447
  • Family households293 plus or minus 66
  • Share of households that are families65.5 percent

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

Thorntown

Income and work in Thorntown

  • Median household income$73,750 plus or minus $16,929
  • Per capita income$32,495
  • Civilian labor force573 plus or minus 148
  • Employed565 plus or minus 149
  • Unemployed8 plus or minus 8
  • Unemployment rate1.4 percent plus or minus 1.3
  • Adults 25 and over741
  • Adults 25 and over with a high school diploma or higher87.7 percent plus or minus 21.3
  • Adults 25 and over with a bachelor degree or higher17.5 percent plus or minus 5.2
  • Adults 25 and over with a graduate degree1.6 percent plus or minus 2.2

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

Thorntown

Housing in Thorntown

  • Housing units480
  • Occupied units447
  • Vacant units33 plus or minus 30
  • Vacancy rate6.9 percent plus or minus 6.1
  • Owner occupied297 plus or minus 65
  • Renter occupied150 plus or minus 48
  • Ownership rate66.4 percent
  • Median owner-occupied home value$193,800
  • Median gross rent, monthly$928
  • Annual rent as a share of median income15.1 percent plus or minus 4.1
  • Single family units375 plus or minus 82
  • Share single family78.1 percent
  • Units in buildings of two or more55 plus or minus 34
  • Share in buildings of two or more11.5 percent plus or minus 6.7
  • Mobile homes50 plus or minus 24
  • Median year structure built1950

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

Thorntown

How Thorntown gets to work

  • Workers 16 and over who commute511 plus or minus 138
  • Commuting under 15 minutes140 plus or minus 47
  • Share commuting under 15 minutes27.4 percent plus or minus 5.5
  • Commuting 30 minutes or more202 plus or minus 70
  • Share commuting 30 minutes or more39.5 percent plus or minus 8.7
  • Drove alone77.5 percent
  • Carpooled8.9 percent plus or minus 8.0
  • Public transport0.4 percent plus or minus 0.9
  • Walked3.4 percent plus or minus 2.9
  • Worked from home8.9 percent plus or minus 3.8

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

Thorntown

SBA loans in Thorntown (7(a))

  • Approvals5
  • Gross approval$544,000
  • Average approval$108,800
  • Median approval$105,000
  • Ninetieth percentile approval$150,000
  • Largest approval$150,000
  • Jobs supported33
  • Jobs per approval6.6
  • Loans with a final outcome4
  • Paid in full4
  • Charged off0
  • Median term96 months
  • Share on real estate terms of 20 years or more20.0 percent
  • Share to franchises0.0 percent
  • Distinct lenders4
  • Distinct industries by NAICS4

A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.

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

Thorntown

SBA loans in Thorntown (504)

  • Approvals1
  • Gross approval$116,000
  • Average approval$116,000
  • Median approval$116,000
  • Largest approval$116,000
  • Jobs supported2
  • Loans with a final outcome0
  • Charged off0
  • Median term300 months
  • Distinct CDCs1

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

Boone County, not Thorntown

Boone County context, not Thorntown 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 Thorntown 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 Thorntown. 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

Thorntown questions, answered from the record.

How many people live in Thorntown, Indiana?

1,212, in 447 households. Thorntown town covers 0.61 square miles of land, which is 1,977 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Thorntown 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 Thorntown?

$73,750. The median owner-occupied home is valued at $193,800. Median gross rent is $928 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Thorntown businesses?

5 7(a) approvals totalling $544,000, across 4 lenders, median approval $105,000, plus 1 504 approvals worth $116,000. These count approvals to borrowers whose address is in Thorntown, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Thorntown borrowers get paid back?

No rate is published for Thorntown. only 4 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.

Are the county figures on this page Thorntown 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 Thorntown.

Is zoning published for Thorntown?

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