HomeIndianaPutnam CountyCloverdale town
Cloverdale town, Indiana: commercial real estate data.
Cloverdale town is a Census town of 2,195 people across 3.49 square miles of land, in Putnam County. Median household income is $42,243, 61.1 percent of occupied homes are owned, and the SBA record carries 12 7(a) approvals to borrowers here worth $15.0 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Cloverdale
What Cloverdale is
- Census place typetown
- Land area3.49 sq mi
- Water area0.06 sq mi
- Population per square mile of land629
- County holding the largest share of its areaPutnam 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.
Cloverdale
How many people live in Cloverdale
- Population2,195
- Median age52.5
- Population under 18292 plus or minus 110
- Share under 1813.3 percent plus or minus 4.5
- Population 65 and over514 plus or minus 156
- Share 65 and over23.4 percent plus or minus 6.1
- Households1,073
- Family households614 plus or minus 129
- Share of households that are families57.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cloverdale
Income and work in Cloverdale
- Median household income$42,243 plus or minus $14,769
- Per capita income$27,659
- Civilian labor force1,087 plus or minus 221
- Employed1,030 plus or minus 218
- Unemployed57 plus or minus 42
- Unemployment rate5.2 percent plus or minus 3.7
- Adults 25 and over1,742
- Adults 25 and over with a high school diploma or higher92.9 percent
- Adults 25 and over with a bachelor degree or higher14.9 percent plus or minus 5.8
- Adults 25 and over with a graduate degree4.2 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cloverdale
Housing in Cloverdale
- Housing units1,151
- Occupied units1,073
- Vacant units78 plus or minus 71
- Vacancy rate6.8 percent plus or minus 6.1
- Owner occupied656 plus or minus 142
- Renter occupied417 plus or minus 134
- Ownership rate61.1 percent
- Median owner-occupied home value$136,500 plus or minus $40,259
- Median gross rent, monthly$743
- Annual rent as a share of median income21.1 percent plus or minus 7.9
- Single family units612 plus or minus 137
- Share single family53.2 percent
- Units in buildings of two or more285 plus or minus 130
- Share in buildings of two or more24.8 percent plus or minus 10.6
- Mobile homes254 plus or minus 95
- Median year structure built1983
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cloverdale
How Cloverdale gets to work
- Workers 16 and over who commute972 plus or minus 205
- Commuting under 15 minutes310 plus or minus 156
- Share commuting under 15 minutes31.9 percent plus or minus 14.6
- Commuting 30 minutes or more307 plus or minus 113
- Share commuting 30 minutes or more31.6 percent plus or minus 9.6
- Drove alone69.8 percent
- Carpooled14.7 percent plus or minus 5.7
- Public transport0.0 percent
- Walked12.2 percent plus or minus 12.5
- Worked from home3.3 percent plus or minus 3.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cloverdale
SBA loans in Cloverdale (7(a))
- Approvals12
- Gross approval$14,955,000
- Average approval$1,246,250
- Median approval$512,000
- Ninetieth percentile approval$3,300,000
- Largest approval$5,000,000
- Jobs supported143
- Jobs per approval11.9
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more16.7 percent
- Share to franchises8.3 percent
- Distinct lenders9
- Distinct industries by NAICS11
A charge-off rate is not published here. only 5 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.
Cloverdale
SBA loans in Cloverdale (504)
- Approvals3
- Gross approval$2,829,000
- Average approval$943,000
- Median approval$526,000
- Largest approval$1,942,000
- Jobs supported47
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Putnam County, not Cloverdale
Putnam County context, not Cloverdale figures
These are Putnam County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Cloverdale measurements.
- Establishments in Putnam County747
- Employment at those establishments, Putnam County11,696
- Covered employment, Putnam County12,342
- Average annual pay, Putnam County$50,684
- Average weekly wage, Putnam County$975
- Housing units permitted, Putnam County166
- Of those, single family, Putnam County115
- County product, 2024, Putnam County$1,458,607,000
- County product change over the prior year, Putnam County2.5 percent
- Average income of an arriving household, Putnam County$57,643
Every figure in this section is published for Putnam County as a whole and is not a measurement of Cloverdale. 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
Cloverdale questions, answered from the record.
How many people live in Cloverdale, Indiana?
2,195, in 1,073 households. Cloverdale town covers 3.49 square miles of land, which is 629 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cloverdale in?
Putnam 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 Cloverdale?
$42,243. The median owner-occupied home is valued at $136,500. Median gross rent is $743 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cloverdale businesses?
12 7(a) approvals totalling $15.0 m, across 9 lenders, median approval $512,000, plus 3 504 approvals worth $2.8 m. These count approvals to borrowers whose address is in Cloverdale, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cloverdale borrowers get paid back?
No rate is published for Cloverdale. only 5 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 Cloverdale figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Putnam 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 Cloverdale.
Is zoning published for Cloverdale?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.