HomeIndianaPutnam CountyCloverdale
Cloverdale, Indiana: commercial real estate data.
Cloverdale 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 since FY2020.
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$381,000
- 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
Counted by borrower city: approvals to borrowers whose address is in Cloverdale, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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
Counted by borrower city: approvals to borrowers whose address is in Cloverdale, in any county, FY2010 to FY2026. Only 3 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cloverdale
Flood risk in Cloverdale
- NFIP communityTown of Cloverdale
- NFIP community number180215
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/05/12(M)
The Town of Cloverdale participates in the National Flood Insurance Program as community 180215 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Putnam County, not Cloverdale
Putnam County context, not Cloverdale figures
- Establishments in Putnam County747
- Covered employment, Putnam County12,342
- Average annual pay, Putnam County$50,684
- Housing units permitted, Putnam County166
Every figure in this section is published for Putnam County as a whole and is not a measurement of Cloverdale.
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.
Coverage
What this page does not hold.
Parcel detail, 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 →
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 totaling $15.0 m since FY2020, across 9 lenders, median approval $381,000, plus 3 504 approvals worth $2.8 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Cloverdale in the National Flood Insurance Program?
Yes. Cloverdale appears in the FEMA Community Status Book as Cloverdale, town of, community 180215, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Cloverdale figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.