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Perry County, Indiana: commercial real estate data.

Perry County, Indiana had an estimated 19,320 residents on July 1, 2024, up 0.8 percent since the 2020 census base of 19,172, across 382 square miles. County output reached $1.00 bn in 2024, 356 establishments operate here, and the SBA record carries 6 7(a) approvals worth $2.6 m since FY2020.

Underlined figures are computed by MMCG Analytics, not published by the agency.

Perry County

How many people live in Perry County

  • Population, American Community Survey 2020-202419,270
  • Households7,758
  • Average household size2.48
  • Median household income$61,151
  • Median age41.9
  • Median gross rent$682 per month
  • Median owner-occupied home value$163,400
  • Home value to household income2.7 times
  • Annual rent as a share of median income13.4 percent
  • Adults 25 and over with a bachelor degree or higher16.6 percent
  • Adults 25 and over with a graduate degree4.7 percent
  • Adults 25 and over13,866
  • Population under 183,974
  • Share under 1820.6 percent
  • Population 65 and over3,759
  • Share 65 and over19.5 percent
  • Working age population, 18 to 6411,537
  • Civilian labor force8,788
  • Unemployment rate4.5 percent
  • Labor force participation, adults 18 and over57.5 percent
  • Rank by population among Indiana counties75th of 92
  • Rank by population among US county-equivalents, Puerto Rico included1926th of 3,222

Perry County is the 75th largest of 92 Indiana counties by population. A median home costs 2.7 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 20.6 percent against 19.5 percent, a household formation profile rather than a retirement one.

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

Perry County

Is Perry County's population growing?

  • Population, July 1, 202419,320
  • Census 2020 base population19,172
  • Population change since the 2020 census base0.77 percent
  • Population change, 2023 to 202429
  • Births, 2024160
  • Deaths, 2024216
  • Natural change, 2024-56
  • Net domestic migration, 202450
  • Net international migration, 202436
  • Total net migration, 202486
  • Cumulative net domestic migration, 2021 to 2024273
  • Rank by growth among US county-equivalents1562nd of 3,144

The county has grown 0.77 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.

Perry County

Where are people moving to Perry County from?

  • Tax returns filed by households arriving369
  • People arriving, from those returns628
  • Tax returns filed by households leaving436
  • Net household movement-67
  • Adjusted gross income arriving$14.4 m
  • Net adjusted gross income movement$-6.4 m
  • Average income of an arriving household$39,092
  • Average income of a leaving household$47,856
  • Largest single originSpencer County (45 households)
  • Largest single destinationSpencer County (66 households)
Largest origins of households moving into Perry County
OriginHouseholdsPeopleAdjusted gross income
Spencer County4591$1.8 m
Hancock County3552$1.2 m
Vanderburgh County2646$841,000
Dubois County2031$837,000

Households arriving report $8,764 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Spencer 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.

Perry County

What is the Perry County economy?

  • County GDP, 2024$1.00 bn
  • County GDP, 2023$987.3 m
  • GDP change, 2023 to 20241.5 percent
  • GDP change over five years43.7 percent
  • Rank by GDP among the Indiana areas BEA publishes66th of 92
  • Rank by GDP among the US county areas BEA publishes1840th of 3,127
  • GDP per resident$51,994

Output grew 1.5 percent in the latest year and 43.7 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.

Perry County

Employment by industry in Perry County

  • Covered employment, annual average6,441
  • Establishments reporting379
  • Average annual pay$51,166
  • Average weekly wage$984
  • Manufacturing, employment2,116
  • Manufacturing, average annual pay$69,050
  • Retail trade, employment784
  • Retail trade, average annual pay$26,502
  • Accommodation and food services, employment519
  • Accommodation and food services, average annual pay$17,483
  • Construction, employment271
  • Construction, average annual pay$71,497
  • Finance and insurance, employment121
  • Transportation and warehousing, employment119
Private sector employment and pay by industry, Perry County
SectorEmploymentEstablishmentsAverage annual pay
Manufacturing2,11622$69,050
Retail trade78457$26,502
Accommodation and food services51941$17,483
Construction27137$71,497
Finance and insurance12124$70,339
Transportation and warehousing11913$50,421
Professional, scientific and technical services11528$71,411
Other services, except public administration8628$33,483

Manufacturing is the largest private sector at 2,116 jobs, 32.9 percent of covered employment.

US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

Perry County

How many businesses are in Perry County?

  • Establishments, all industries356
  • Employment at those establishments5,380
  • Annual payroll$276.1 m
  • Establishments per 1,000 residents18.5

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.

Perry County

Building permits in Perry County

  • Housing units authorized by permit, 202428
  • Declared construction value permitted$7.8 m
  • Single family units authorized28
  • Multifamily units authorized0
  • Multifamily share of units0.0 percent
  • Average declared value per unit$277,607
  • Units authorized per 1,000 households3.6

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.

Perry County

SBA loans in Perry County (7(a) and 504)

  • 7(a) approvals recorded6
  • 7(a) gross approval dollars$2.6 m
  • Average 7(a) approval$428,900
  • Median 7(a) approval$383,750
  • Largest single approval$920,900
  • Jobs reported supported, 7(a)25
  • Jobs per approval4.2
  • Distinct 7(a) lenders active5
  • Distinct industries receiving approvals5
  • Median 7(a) term120 months
  • Share of loans on real estate terms, 240 months or longer33.3 percent
  • Loans on real estate terms2
  • Loans on working capital terms, 120 months or shorter4
  • Franchise loans2
  • Franchise share of approvals33.3 percent
  • 504 approvals recorded2
  • 504 gross approval dollars$1.1 m
  • Average 504 approval$554,000
  • Median 504 approval$554,000
  • Distinct CDCs active2
  • 504 jobs per approval12.5
  • 504 jobs per million dollars approved22.6
  • Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$3.7 m

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.

Perry County

SBA loan default and charge-off rates in Perry County

Do SBA loans in Perry County get paid back?

  • Loans with a final outcome recorded1
  • Paid in full1
  • Charged off0
  • Status: Exempt from disclosure4
  • Status: Paid in full1
  • Status: Cancelled1

Only 1 loan has 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.

Perry County

SBA lending by place in Perry County

  • Borrower cities with recorded lending2
  • Tell City, approvals3
  • Cannelton, approvals3
SBA 7(a) approvals by borrower city, loans with a project in Perry County, FY2020 to FY2026
Borrower cityApprovalsGross approval dollars
Tell City3$1,302,500
Cannelton3$1,270,900

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

Perry County

How large is Perry County?

  • Land area382 sq mi
  • Rank by land area among Indiana counties58th of 92
  • Width, east to west21.2 mi
  • Height, north to south29.3 mi
  • Geographies sharing a boundary6
  • Residents per square mile of land50
  • Establishments per square mile0.93

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.

Perry County

Flood risk in Perry County

  • Participation of the county's own NFIP community Perry County, unincorporated areasParticipating, community 180195
  • Communities in the county in the NFIP Community Status Book4
  • Of those, participating in the NFIP4
  • NFIP participation rate100.0 percent
  • Communities carrying a CRS class0
  • Radon levels in Perry 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 Perry County (community 180195), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Perry 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 Perry 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 Perry County site starts with the figures you are reading, carrying the same source and period into the credit file.

  • Population, American Community Survey 2020-202419,270
  • Households7,758
  • Average household size2.48
  • Median household income$61,151
  • Median age41.9

How a feasibility study works →

Common questions

Perry County questions, answered from the record.

How many people live in Perry County, Indiana?

The Census Bureau estimates 19,320 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 19,270, in 7,758 households, ranking 75th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Is Perry County's population growing?

The population has grown 0.77 percent since the 2020 census base of 19,172, to 19,320 on July 1, 2024. In 2024 there were 160 births against 216 deaths, with net migration of 86. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.

What is the median household income in Perry County?

$61,151. The median owner-occupied home is valued at $163,400, which is 2.7 times income, and median gross rent is $682 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

How many businesses are in Perry County?

356 establishments, employing 5,380 people with an annual payroll of $276.1 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 Perry County?

Manufacturing is the largest private sector at 2,116 jobs, 32.9 percent of covered employment. Covered employment averages 6,441 jobs at an average annual pay of $51,166, or $984 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

How much SBA lending happens in Perry County?

6 7(a) approvals totaling $2.6 m since FY2020, across 5 lenders, with a median approval of $383,750, plus 2 504 approvals worth $1.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.

How many building permits were issued in Perry County?

28 housing units were authorized by permit in 2024, with a declared construction value of $7.8 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.

What is the radon zone for Perry 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 Perry County come from?

The largest single origin is Spencer County, with 45 households. Arriving households report an average income of $39,092 against $47,856 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Are traffic counts available for Perry 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 Perry 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.

Perry County

Cities and places in Perry.

4 Census places lie wholly or partly in Perry County. All 4 carry enough published place level data for a page of their own and are linked.

Census places in Perry County, by population, with SBA 7(a) approvals to borrowers in each place for projects in Perry County
PlaceTypePopulationSBA 7(a) approvals, projects in this countyLies in
Tell Citycity7,5053Wholly in this county
Canneltoncity1,4043Wholly in this county
Troytown608None recordedWholly in this county
LeopoldCDP150None recordedWholly in this county