Grant County, Indiana: commercial real estate data.
Grant County, Indiana had an estimated 66,458 residents on July 1, 2024, down 0.3 percent since the 2020 census base of 66,678, across 414 square miles. County output reached $3.22 bn in 2024, 1,261 establishments operate here, and the SBA record carries 20 7(a) approvals worth $8.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Grant County
How many people live in Grant County
- Population, American Community Survey 2020-202466,295
- Households26,773
- Average household size2.48
- Median household income$53,522
- Median age38.7
- Median gross rent$853 per month
- Median owner-occupied home value$122,300
- Home value to household income2.3 times
- Annual rent as a share of median income19.1 percent
- Adults 25 and over with a bachelor degree or higher20.3 percent
- Adults 25 and over with a graduate degree8.0 percent
- Adults 25 and over43,823
- Population under 1814,136
- Share under 1821.3 percent
- Population 65 and over12,770
- Share 65 and over19.3 percent
- Working age population, 18 to 6439,389
- Civilian labor force31,426
- Unemployment rate6.3 percent
- Labor force participation, adults 18 and over60.3 percent
- Rank by population among Indiana counties26th of 92
- Rank by population among US county-equivalents, Puerto Rico included827th of 3,222
Grant County is the 26th largest of 92 Indiana counties by population. A median home costs 2.3 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 21.3 percent against 19.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Grant County
Is Grant County's population growing?
- Population, July 1, 202466,458
- Census 2020 base population66,678
- Population change since the 2020 census base-0.33 percent
- Population change, 2023 to 2024155
- Births, 2024698
- Deaths, 2024855
- Natural change, 2024-157
- Net domestic migration, 202480
- Net international migration, 2024236
- Total net migration, 2024316
- Cumulative net domestic migration, 2021 to 2024586
- Rank by growth among US county-equivalents1965th of 3,144
The county has lost 0.33 percent of its population since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration 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.
Grant County
Where are people moving to Grant County from?
- Tax returns filed by households arriving1,223
- People arriving, from those returns2,322
- Tax returns filed by households leaving1,205
- Net household movement18
- Adjusted gross income arriving$54.5 m
- Net adjusted gross income movement$-2.0 m
- Average income of an arriving household$44,601
- Average income of a leaving household$46,949
- Largest single originMadison County (101 households)
- Largest single destinationHoward County (85 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Madison County | 101 | 194 | $4.2 m |
| Marion County | 86 | 187 | $3.3 m |
| Howard County | 84 | 161 | $3.6 m |
| Allen County | 62 | 124 | $2.7 m |
| Wabash County | 55 | 96 | $2.1 m |
| Blackford County | 54 | 89 | $2.0 m |
| Miami County | 54 | 123 | $1.9 m |
| Delaware County | 51 | 85 | $2.3 m |
Households arriving report $2,348 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Madison 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.
Grant County
What is the Grant County economy?
- County GDP, 2024$3.22 bn
- County GDP, 2023$3.13 bn
- GDP change, 2023 to 20243.0 percent
- GDP change over five years31.0 percent
- Rank by GDP among the Indiana areas BEA publishes30th of 92
- Rank by GDP among the US county areas BEA publishes932nd of 3,127
- GDP per resident$48,572
Output grew 3.0 percent in the latest year and 31.0 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.
Grant County
Employment by industry in Grant County
- Covered employment, annual average27,333
- Establishments reporting1,280
- Average annual pay$50,883
- Average weekly wage$979
- Manufacturing, employment4,659
- Manufacturing, average annual pay$66,499
- Health care and social assistance, employment4,309
- Health care and social assistance, average annual pay$55,075
- Retail trade, employment2,872
- Retail trade, average annual pay$31,416
- Transportation and warehousing, employment2,548
- Transportation and warehousing, average annual pay$51,064
- Accommodation and food services, employment2,330
- Educational services, employment1,679
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 4,659 | 62 | $66,499 |
| Health care and social assistance | 4,309 | 132 | $55,075 |
| Retail trade | 2,872 | 228 | $31,416 |
| Transportation and warehousing | 2,548 | 34 | $51,064 |
| Accommodation and food services | 2,330 | 128 | $21,532 |
| Educational services | 1,679 | 16 | $51,264 |
| Administrative and support and waste management services | 1,351 | 50 | $30,450 |
| Construction | 759 | 103 | $58,582 |
Manufacturing is the largest private sector at 4,659 jobs, 17.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Grant County
How many businesses are in Grant County?
- Establishments, all industries1,261
- Employment at those establishments28,381
- Annual payroll$1.24 bn
- Establishments per 1,000 residents19.0
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.
Grant County
Building permits in Grant County
- Housing units authorized by permit, 202452
- Declared construction value permitted$11.8 m
- Single family units authorized44
- Multifamily units authorized8
- Multifamily share of units15.4 percent
- Average declared value per unit$226,575
- Units authorized per 1,000 households1.9
Single-family homes are 84.6 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Grant County
SBA loans in Grant County (7(a) and 504)
- 7(a) approvals recorded20
- 7(a) gross approval dollars$8.9 m
- Average 7(a) approval$444,995
- Median 7(a) approval$407,150
- 10th percentile approval$50,000
- 90th percentile approval$983,200
- Largest single approval$1,266,000
- Jobs reported supported, 7(a)105
- Jobs per approval5.3
- Distinct 7(a) lenders active13
- Distinct industries receiving approvals15
- Median 7(a) term174 months
- Share of loans on real estate terms, 240 months or longer40.0 percent
- Loans on real estate terms8
- Loans on working capital terms, 120 months or shorter9
- Franchise loans3
- Franchise share of approvals15.0 percent
- Most active lenderSTAR Financial Bank (3)
- 504 approvals recorded11
- 504 gross approval dollars$12.1 m
- Average 504 approval$1,099,545
- Median 504 approval$1,139,000
- Distinct CDCs active4
- 504 jobs per approval10.5
- 504 jobs per million dollars approved9.6
- Most active CDCIndiana Statewide Certified Development Corporation (8)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$21.0 m
The average approval of $444,995 sits close to the median of $407,150, so lending here is fairly evenly sized rather than driven by a few large deals. 40.0 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
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.
Grant County
SBA loan default and charge-off rates in Grant County
Do SBA loans in Grant County get paid back?
- Loans with a final outcome recorded4
- Paid in full4
- Charged off0
- Status: Cancelled3
- Status: Paid in full4
- Status: Exempt from disclosure11
- Status: Committed, not yet disbursed2
Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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.
Grant County
SBA lending by place in Grant County
- Borrower cities with recorded lending4
- Marion, approvals13
- Gas City, approvals4
- Hartford City, approvals2
- Milford, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Marion | 13 | $7,830,300 |
| Gas City | 4 | $530,000 |
| Hartford City | 2 | $120,000 |
| Milford | 1 | $419,600 |
Marion accounts for 13 approvals against 4 in Gas City. 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.
Grant County
How large is Grant County?
- Land area414 sq mi
- Rank by land area among Indiana counties30th of 92
- Width, east to west22.1 mi
- Height, north to south19 mi
- Geographies sharing a boundary9
- Residents per square mile of land160
- Establishments per square mile3.05
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.
Grant County
Flood risk in Grant County
- Participation of the county's own NFIP community Grant County, unincorporated areasParticipating, community 180435
- Communities in the county in the NFIP Community Status Book11
- Of those, participating in the NFIP10
- NFIP participation rate90.9 percent
- Communities carrying a CRS class0
- Radon levels in Grant 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 Grant County (community 180435), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Grant 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. 90.9 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 Grant 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 Grant County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202466,295
- Households26,773
- Average household size2.48
- Median household income$53,522
- Median age38.7
Common questions
Grant County questions, answered from the record.
How many people live in Grant County, Indiana?
The Census Bureau estimates 66,458 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 66,295, in 26,773 households, ranking 26th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Grant County's population growing?
The population has fallen 0.33 percent since the 2020 census base of 66,678, to 66,458 on July 1, 2024. In 2024 there were 698 births against 855 deaths, with net migration of 316. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Grant County?
$53,522. The median owner-occupied home is valued at $122,300, which is 2.3 times income, and median gross rent is $853 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Grant County?
1,261 establishments, employing 28,381 people with an annual payroll of $1.24 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 Grant County?
Manufacturing is the largest private sector at 4,659 jobs, 17.0 percent of covered employment. Covered employment averages 27,333 jobs at an average annual pay of $50,883, or $979 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Grant County?
20 7(a) approvals totaling $8.9 m since FY2020, across 13 lenders, with a median approval of $407,150, plus 11 504 approvals worth $12.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Grant County?
52 housing units were authorized by permit in 2024, with a declared construction value of $11.8 m. Multifamily was 15.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Grant 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 Grant County come from?
The largest single origin is Madison County, with 101 households. Arriving households report an average income of $44,601 against $46,949 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Grant 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 Grant 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.
Grant County
Cities and places in Grant.
17 Census places lie wholly or partly in Grant County. All 17 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 |
|---|---|---|---|---|
| Marion | city | 27,531 | 13 | Wholly in this county |
| Gas City | city | 6,076 | 4 | Wholly in this county |
| Upland | town | 3,918 | None recorded | Wholly in this county |
| Fairmount | town | 2,662 | None recorded | Wholly in this county |
| Jonesboro | city | 1,578 | None recorded | Wholly in this county |
| Sweetser | town | 1,061 | None recorded | Wholly in this county |
| Swayzee | town | 846 | None recorded | Wholly in this county |
| Converse | town | 813 | None recorded | 17.7 percent here, 82.3 percent Miami County |
| Van Buren | town | 782 | None recorded | Wholly in this county |
| Matthews | town | 501 | None recorded | Wholly in this county |
| Herbst | CDP | 309 | None recorded | Wholly in this county |
| Mier | CDP | 210 | None recorded | Wholly in this county |
| Fowlerton | town | 185 | None recorded | Wholly in this county |
| Sims | CDP | 98 | None recorded | Wholly in this county |
| Point Isabel | CDP | 60 | None recorded | Wholly in this county |
| Jalapa | CDP | 52 | None recorded | Wholly in this county |
| Landess | CDP | 22 | None recorded | Wholly in this county |
A further 3 of the county's 20 SBA 7(a) approvals are to borrowers in cities that match no Census place in Grant County, the largest being Hartford City (2), Milford (1). 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.