Jefferson County, Indiana: commercial real estate data.
Jefferson County, Indiana had an estimated 32,921 residents on July 1, 2024, down 0.7 percent since the 2020 census base of 33,145, across 361 square miles. County output reached $2.07 bn in 2024, 677 establishments operate here, and the SBA record carries 20 7(a) approvals worth $24.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Jefferson County
How many people live in Jefferson County
- Population, American Community Survey 2020-202432,998
- Households12,790
- Average household size2.58
- Median household income$64,577
- Median age41.8
- Median gross rent$890 per month
- Median owner-occupied home value$194,600
- Home value to household income3.0 times
- Annual rent as a share of median income16.5 percent
- Adults 25 and over with a bachelor degree or higher19.8 percent
- Adults 25 and over with a graduate degree8.8 percent
- Adults 25 and over23,212
- Population under 186,579
- Share under 1819.9 percent
- Population 65 and over6,340
- Share 65 and over19.2 percent
- Working age population, 18 to 6420,079
- Civilian labor force15,804
- Unemployment rate4.4 percent
- Labor force participation, adults 18 and over59.8 percent
- Rank by population among Indiana counties51st of 92
- Rank by population among US county-equivalents, Puerto Rico included1396th of 3,222
Jefferson County is the 51st 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 19.9 percent against 19.2 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Jefferson County
Is Jefferson County's population growing?
- Population, July 1, 202432,921
- Census 2020 base population33,145
- Population change since the 2020 census base-0.68 percent
- Population change, 2023 to 2024-17
- Births, 2024299
- Deaths, 2024439
- Natural change, 2024-140
- Net domestic migration, 202471
- Net international migration, 202451
- Total net migration, 2024122
- Cumulative net domestic migration, 2021 to 2024189
- Rank by growth among US county-equivalents2081st of 3,144
The county has lost 0.68 percent of its population since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Jefferson County
Where are people moving to Jefferson County from?
- Tax returns filed by households arriving695
- People arriving, from those returns1,253
- Tax returns filed by households leaving747
- Net household movement-52
- Adjusted gross income arriving$35.0 m
- Net adjusted gross income movement$3.2 m
- Average income of an arriving household$50,335
- Average income of a leaving household$42,539
- Largest single originJennings County (52 households)
- Largest single destinationClark County (58 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Jennings County | 52 | 104 | $2.2 m |
| Scott County | 46 | 81 | $1.5 m |
| Clark County | 41 | 75 | $2.0 m |
| Trimble County | 35 | 61 | $1.6 m |
| Switzerland County | 31 | 69 | $1.5 m |
| Ripley County | 30 | 60 | $790,000 |
| Jackson County | 22 | 35 | $709,000 |
| Marion County | 22 | 39 | $946,000 |
Households arriving report $7,796 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Jennings 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.
Jefferson County
What is the Jefferson County economy?
- County GDP, 2024$2.07 bn
- County GDP, 2023$2.05 bn
- GDP change, 2023 to 20240.9 percent
- GDP change over five years31.8 percent
- Rank by GDP among the Indiana areas BEA publishes43rd of 92
- Rank by GDP among the US county areas BEA publishes1249th of 3,127
- GDP per resident$62,619
Output grew 0.9 percent in the latest year and 31.8 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.
Jefferson County
Employment by industry in Jefferson County
- Covered employment, annual average12,853
- Establishments reporting726
- Average annual pay$50,879
- Average weekly wage$978
- Manufacturing, employment2,971
- Manufacturing, average annual pay$67,463
- Retail trade, employment1,888
- Retail trade, average annual pay$36,533
- Health care and social assistance, employment1,726
- Health care and social assistance, average annual pay$58,693
- Accommodation and food services, employment1,278
- Accommodation and food services, average annual pay$20,757
- Educational services, employment361
- Administrative and support and waste management services, employment350
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 2,971 | 54 | $67,463 |
| Retail trade | 1,888 | 122 | $36,533 |
| Health care and social assistance | 1,726 | 80 | $58,693 |
| Accommodation and food services | 1,278 | 76 | $20,757 |
| Educational services | 361 | 7 | $52,146 |
| Administrative and support and waste management services | 350 | 26 | $41,593 |
| Construction | 303 | 51 | $52,945 |
| Transportation and warehousing | 286 | 16 | $56,382 |
Manufacturing is the largest private sector at 2,971 jobs, 23.1 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Jefferson County
How many businesses are in Jefferson County?
- Establishments, all industries677
- Employment at those establishments11,850
- Annual payroll$558.4 m
- Establishments per 1,000 residents20.5
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.
Jefferson County
Building permits in Jefferson County
- Housing units authorized by permit, 202458
- Declared construction value permitted$12.9 m
- Single family units authorized58
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$222,800
- Units authorized per 1,000 households4.5
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Jefferson County
SBA loans in Jefferson County (7(a) and 504)
- 7(a) approvals recorded20
- 7(a) gross approval dollars$24.2 m
- Average 7(a) approval$1,212,000
- Median 7(a) approval$307,100
- 10th percentile approval$71,530
- 90th percentile approval$4,289,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)259
- Jobs per approval12.9
- Distinct 7(a) lenders active13
- Distinct industries receiving approvals17
- Median 7(a) term143 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 loans7
- Franchise share of approvals35.0 percent
- 504 approvals recorded4
- 504 gross approval dollars$4.2 m
- Average 504 approval$1,046,500
- Median 504 approval$869,000
- Distinct CDCs active3
- 504 jobs per approval5.0
- 504 jobs per million dollars approved4.8
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$28.4 m
The average approval of $1,212,000 sits well above the median of $307,100, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. 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.
Jefferson County
SBA loan default and charge-off rates in Jefferson County
Do SBA loans in Jefferson County get paid back?
- Loans with a final outcome recorded6
- Paid in full6
- Charged off0
- Status: Paid in full6
- Status: Exempt from disclosure12
- Status: Cancelled1
- Status: Committed, not yet disbursed1
Only 6 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.
Jefferson County
SBA lending by place in Jefferson County
- Borrower cities with recorded lending3
- Madison, approvals18
- Vevay, approvals1
- Lexington, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Madison | 18 | $24,075,000 |
| Vevay | 1 | $150,000 |
| Lexington | 1 | $15,000 |
Madison accounts for 18 approvals against 1 in Vevay. 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.
Jefferson County
How large is Jefferson County?
- Land area361 sq mi
- Rank by land area among Indiana counties69th of 92
- Width, east to west26 mi
- Height, north to south22.6 mi
- Geographies sharing a boundary7
- Residents per square mile of land91
- Establishments per square mile1.88
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.
Jefferson County
Flood risk in Jefferson County
- Participation of the county's own NFIP community Jefferson County, unincorporated areasParticipating, community 180104
- Communities in the county in the NFIP Community Status Book5
- Of those, participating in the NFIP5
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Jefferson County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Jefferson County (community 180104), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Jefferson County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 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 Jefferson 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 Jefferson County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202432,998
- Households12,790
- Average household size2.58
- Median household income$64,577
- Median age41.8
Common questions
Jefferson County questions, answered from the record.
How many people live in Jefferson County, Indiana?
The Census Bureau estimates 32,921 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 32,998, in 12,790 households, ranking 51st of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Jefferson County's population growing?
The population has fallen 0.68 percent since the 2020 census base of 33,145, to 32,921 on July 1, 2024. In 2024 there were 299 births against 439 deaths, with net migration of 122. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Jefferson County?
$64,577. The median owner-occupied home is valued at $194,600, which is 3.0 times income, and median gross rent is $890 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Jefferson County?
677 establishments, employing 11,850 people with an annual payroll of $558.4 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Jefferson County?
Manufacturing is the largest private sector at 2,971 jobs, 23.1 percent of covered employment. Covered employment averages 12,853 jobs at an average annual pay of $50,879, or $978 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Jefferson County?
20 7(a) approvals totaling $24.2 m since FY2020, across 13 lenders, with a median approval of $307,100, plus 4 504 approvals worth $4.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Jefferson County?
58 housing units were authorized 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 Jefferson 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 Jefferson County come from?
The largest single origin is Jennings County, with 52 households. Arriving households report an average income of $50,335 against $42,539 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Jefferson 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 Jefferson 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.
Jefferson County
Cities and places in Jefferson.
7 Census places lie wholly or partly in Jefferson County. 6 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Madison | city | 12,223 | 18 | Wholly in this county |
| Hanover | town | 3,554 | None recorded | Wholly in this county |
| Dupont | town | 279 | None recorded | Wholly in this county |
| Canaan | CDP | 120 | None recorded | Wholly in this county |
| Brooksburg | town | 111 | None recorded | Wholly in this county |
| Deputy | CDP | 37 | None recorded | Wholly in this county |
| Kent | CDP | 0 | None recorded | Wholly in this county |
A further 2 of the county's 20 SBA 7(a) approvals are to borrowers in cities that match no Census place in Jefferson County, the largest being Vevay (1), Lexington (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.