Lawrence County, Indiana: commercial real estate data.
Lawrence County, Indiana had an estimated 45,192 residents on July 1, 2024, up 0.4 percent since the 2020 census base of 45,005, across 449 square miles. County output reached $1.78 bn in 2024, 909 establishments operate here, and the SBA record carries 25 7(a) approvals worth $18.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lawrence County
How many people live in Lawrence County
- Population, American Community Survey 2020-202445,102
- Households19,135
- Average household size2.36
- Median household income$66,468
- Median age43.3
- Median gross rent$845 per month
- Median owner-occupied home value$175,000
- Home value to household income2.6 times
- Annual rent as a share of median income15.3 percent
- Adults 25 and over with a bachelor degree or higher20.4 percent
- Adults 25 and over with a graduate degree8.0 percent
- Adults 25 and over32,168
- Population under 189,564
- Share under 1821.2 percent
- Population 65 and over9,247
- Share 65 and over20.5 percent
- Working age population, 18 to 6426,291
- Civilian labor force22,344
- Unemployment rate3.5 percent
- Labor force participation, adults 18 and over62.9 percent
- Rank by population among Indiana counties34th of 92
- Rank by population among US county-equivalents, Puerto Rico included1102nd of 3,222
Lawrence County is the 34th largest of 92 Indiana counties by population. A median home costs 2.6 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 21.2 percent against 20.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Lawrence County
Is Lawrence County's population growing?
- Population, July 1, 202445,192
- Census 2020 base population45,005
- Population change since the 2020 census base0.42 percent
- Population change, 2023 to 2024158
- Births, 2024457
- Deaths, 2024638
- Natural change, 2024-181
- Net domestic migration, 2024327
- Net international migration, 202414
- Total net migration, 2024341
- Cumulative net domestic migration, 2021 to 2024981
- Rank by growth among US county-equivalents1675th of 3,144
The county has grown 0.42 percent 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.
Lawrence County
Where are people moving to Lawrence County from?
- Tax returns filed by households arriving1,052
- People arriving, from those returns1,843
- Tax returns filed by households leaving885
- Net household movement167
- Adjusted gross income arriving$52.8 m
- Net adjusted gross income movement$10.2 m
- Average income of an arriving household$50,233
- Average income of a leaving household$48,242
- Largest single originMonroe County (304 households)
- Largest single destinationMonroe County (209 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Monroe County | 304 | 543 | $19.4 m |
| Orange County | 98 | 195 | $3.7 m |
| Greene County | 42 | 79 | $1.6 m |
| Marion County | 38 | 62 | $1.8 m |
| Jackson County | 29 | 36 | $974,000 |
| Morgan County | 25 | 36 | $952,000 |
Households arriving report $1,991 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 Monroe 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.
Lawrence County
What is the Lawrence County economy?
- County GDP, 2024$1.78 bn
- County GDP, 2023$1.75 bn
- GDP change, 2023 to 20241.8 percent
- GDP change over five years33.4 percent
- Rank by GDP among the Indiana areas BEA publishes51st of 92
- Rank by GDP among the US county areas BEA publishes1370th of 3,127
- GDP per resident$39,561
Output grew 1.8 percent in the latest year and 33.4 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.
Lawrence County
Employment by industry in Lawrence County
- Covered employment, annual average13,507
- Establishments reporting906
- Average annual pay$49,342
- Average weekly wage$949
- Health care and social assistance, employment2,758
- Health care and social assistance, average annual pay$43,391
- Manufacturing, employment2,432
- Manufacturing, average annual pay$76,682
- Retail trade, employment1,944
- Retail trade, average annual pay$29,913
- Accommodation and food services, employment1,149
- Accommodation and food services, average annual pay$20,126
- Professional, scientific and technical services, employment776
- Construction, employment665
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 2,758 | 94 | $43,391 |
| Manufacturing | 2,432 | 59 | $76,682 |
| Retail trade | 1,944 | 149 | $29,913 |
| Accommodation and food services | 1,149 | 61 | $20,126 |
| Professional, scientific and technical services | 776 | 79 | $66,726 |
| Construction | 665 | 97 | $60,337 |
| Other services, except public administration | 368 | 64 | $33,043 |
| Finance and insurance | 355 | 58 | $64,405 |
Health care and social assistance is the largest private sector at 2,758 jobs, 20.4 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Lawrence County
How many businesses are in Lawrence County?
- Establishments, all industries909
- Employment at those establishments12,033
- Annual payroll$577.3 m
- Establishments per 1,000 residents20.2
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.
Lawrence County
Building permits in Lawrence County
- Housing units authorized by permit, 202410
- Declared construction value permitted$3.5 m
- Single family units authorized10
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$353,464
- Units authorized per 1,000 households0.5
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.
Lawrence County
SBA loans in Lawrence County (7(a) and 504)
- 7(a) approvals recorded25
- 7(a) gross approval dollars$18.1 m
- Average 7(a) approval$722,628
- Median 7(a) approval$333,000
- 10th percentile approval$50,000
- 90th percentile approval$1,346,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)476
- Jobs per approval19.0
- Distinct 7(a) lenders active13
- Distinct industries receiving approvals18
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer20.0 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter19
- Franchise loans4
- Franchise share of approvals16.0 percent
- Leading industry by approval countFull-Service Restaurants (4)
- 504 approvals recorded13
- 504 gross approval dollars$9.6 m
- Average 504 approval$736,692
- Median 504 approval$458,000
- Distinct CDCs active2
- 504 jobs per approval8.2
- 504 jobs per million dollars approved11.2
- Most active CDCIndiana Statewide Certified Development Corporation (7)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$27.6 m
The average approval of $722,628 sits well above the median of $333,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 20.0 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.
Lawrence County
SBA loan default and charge-off rates in Lawrence County
Do SBA loans in Lawrence County get paid back?
- Loans with a final outcome recorded2
- Paid in full2
- Charged off0
- Status: Paid in full2
- Status: Exempt from disclosure13
- Status: Committed, not yet disbursed4
- Status: Cancelled6
Only 2 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.
Lawrence County
SBA lending by place in Lawrence County
- Borrower cities with recorded lending5
- Bedford, approvals14
- Mitchell, approvals6
- Springville, approvals2
- Huron, approvals2
- Oolitic, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Bedford | 14 | $14,078,400 |
| Mitchell | 6 | $2,915,000 |
| Springville | 2 | $500,000 |
| Huron | 2 | $122,300 |
| Oolitic | 1 | $450,000 |
Bedford accounts for 14 approvals against 6 in Mitchell. 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.
Lawrence County
How large is Lawrence County?
- Land area449 sq mi
- Rank by land area among Indiana counties20th of 92
- Width, east to west22 mi
- Height, north to south21.1 mi
- Geographies sharing a boundary6
- Residents per square mile of land100
- Establishments per square mile2.02
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.
Lawrence County
Flood risk in Lawrence County
- Participation of the county's own NFIP community Lawrence County, unincorporated areasParticipating, community 180441
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP3
- NFIP participation rate75.0 percent
- Communities carrying a CRS class0
- Radon levels in Lawrence 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 Lawrence County (community 180441), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Lawrence 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. 75.0 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 Lawrence 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 Lawrence County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202445,102
- Households19,135
- Average household size2.36
- Median household income$66,468
- Median age43.3
Common questions
Lawrence County questions, answered from the record.
How many people live in Lawrence County, Indiana?
The Census Bureau estimates 45,192 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 45,102, in 19,135 households, ranking 34th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Lawrence County's population growing?
The population has grown 0.42 percent since the 2020 census base of 45,005, to 45,192 on July 1, 2024. In 2024 there were 457 births against 638 deaths, with net migration of 341. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Lawrence County?
$66,468. The median owner-occupied home is valued at $175,000, which is 2.6 times income, and median gross rent is $845 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Lawrence County?
909 establishments, employing 12,033 people with an annual payroll of $577.3 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 Lawrence County?
Health care and social assistance is the largest private sector at 2,758 jobs, 20.4 percent of covered employment. Covered employment averages 13,507 jobs at an average annual pay of $49,342, or $949 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Lawrence County?
25 7(a) approvals totaling $18.1 m since FY2020, across 13 lenders, with a median approval of $333,000, plus 13 504 approvals worth $9.6 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Lawrence County?
10 housing units were authorized by permit in 2024, with a declared construction value of $3.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Lawrence 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 Lawrence County come from?
The largest single origin is Monroe County, with 304 households. Arriving households report an average income of $50,233 against $48,242 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Lawrence 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 Lawrence 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.
Lawrence County
Cities and places in Lawrence.
12 Census places lie wholly or partly in Lawrence County. All 12 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 |
|---|---|---|---|---|
| Bedford | city | 13,837 | 14 | Wholly in this county |
| Mitchell | city | 3,937 | 6 | Wholly in this county |
| Oolitic | town | 1,522 | 1 | Wholly in this county |
| Avoca | CDP | 439 | None recorded | Wholly in this county |
| Needmore | CDP | 309 | None recorded | Wholly in this county |
| Huron | CDP | 237 | 2 | Wholly in this county |
| Williams | CDP | 200 | None recorded | Wholly in this county |
| Judah | CDP | 157 | None recorded | Wholly in this county |
| Tunnelton | CDP | 64 | None recorded | Wholly in this county |
| Lawrenceport | CDP | 38 | None recorded | Wholly in this county |
| East Oolitic | CDP | 22 | None recorded | Wholly in this county |
| Heltonville | CDP | 11 | None recorded | Wholly in this county |
A further 2 of the county's 25 SBA 7(a) approvals are to borrowers in cities that match no Census place in Lawrence County, the largest being Springville (2). 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.
Nearby