Randolph County, Indiana: commercial real estate data.
Randolph County, Indiana had an estimated 24,337 residents on July 1, 2024, down 0.7 percent since the 2020 census base of 24,507, across 452 square miles. County output reached $1.26 bn in 2024, 490 establishments operate here, and the SBA record carries 19 7(a) approvals worth $9.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Randolph County
How many people live in Randolph County
- Population, American Community Survey 2020-202424,387
- Households10,364
- Average household size2.35
- Median household income$60,791
- Median age42.3
- Median gross rent$723 per month
- Median owner-occupied home value$113,400
- Home value to household income1.9 times
- Annual rent as a share of median income14.3 percent
- Adults 25 and over with a bachelor degree or higher15.1 percent
- Adults 25 and over with a graduate degree5.3 percent
- Adults 25 and over17,078
- Population under 185,529
- Share under 1822.7 percent
- Population 65 and over5,031
- Share 65 and over20.6 percent
- Working age population, 18 to 6413,827
- Civilian labor force11,391
- Unemployment rate4.5 percent
- Labor force participation, adults 18 and over60.4 percent
- Rank by population among Indiana counties64th of 92
- Rank by population among US county-equivalents, Puerto Rico included1685th of 3,222
Randolph County is the 64th largest of 92 Indiana counties by population. A median home costs 1.9 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 22.7 percent against 20.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Randolph County
Is Randolph County's population growing?
- Population, July 1, 202424,337
- Census 2020 base population24,507
- Population change since the 2020 census base-0.69 percent
- Population change, 2023 to 2024-23
- Births, 2024298
- Deaths, 2024341
- Natural change, 2024-43
- Net domestic migration, 2024-34
- Net international migration, 202455
- Total net migration, 202421
- Cumulative net domestic migration, 2021 to 202484
- Rank by growth among US county-equivalents2085th of 3,144
The county has lost 0.69 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.
Randolph County
Where are people moving to Randolph County from?
- Tax returns filed by households arriving573
- People arriving, from those returns1,050
- Tax returns filed by households leaving565
- Net household movement8
- Adjusted gross income arriving$24.4 m
- Net adjusted gross income movement$-317,000
- Average income of an arriving household$42,630
- Average income of a leaving household$43,795
- Largest single originDelaware County (135 households)
- Largest single destinationDelaware County (136 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Delaware County | 135 | 236 | $5.2 m |
| Wayne County | 67 | 128 | $2.6 m |
| Darke County | 63 | 136 | $2.3 m |
| Jay County | 37 | 76 | $1.5 m |
| Marion County | 21 | 37 | $1.5 m |
Households arriving report $1,165 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Delaware 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.
Randolph County
What is the Randolph County economy?
- County GDP, 2024$1.26 bn
- County GDP, 2023$1.24 bn
- GDP change, 2023 to 20241.6 percent
- GDP change over five years59.9 percent
- Rank by GDP among the Indiana areas BEA publishes62nd of 92
- Rank by GDP among the US county areas BEA publishes1656th of 3,127
- GDP per resident$51,623
Output grew 1.6 percent in the latest year and 59.9 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.
Randolph County
Employment by industry in Randolph County
- Covered employment, annual average7,093
- Establishments reporting569
- Average annual pay$51,830
- Average weekly wage$997
- Manufacturing, employment1,416
- Manufacturing, average annual pay$64,767
- Construction, employment804
- Construction, average annual pay$84,352
- Retail trade, employment656
- Retail trade, average annual pay$27,729
- Administrative and support and waste management services, employment350
- Administrative and support and waste management services, average annual pay$46,895
- Other services, except public administration, employment225
- Finance and insurance, employment122
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,416 | 39 | $64,767 |
| Construction | 804 | 73 | $84,352 |
| Retail trade | 656 | 66 | $27,729 |
| Administrative and support and waste management services | 350 | 20 | $46,895 |
| Other services, except public administration | 225 | 40 | $31,726 |
| Finance and insurance | 122 | 32 | $103,598 |
Manufacturing is the largest private sector at 1,416 jobs, 20.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Randolph County
How many businesses are in Randolph County?
- Establishments, all industries490
- Employment at those establishments5,559
- Annual payroll$265.2 m
- Establishments per 1,000 residents20.1
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.
Randolph County
Building permits in Randolph County
- Housing units authorized by permit, 202419
- Declared construction value permitted$3.1 m
- Single family units authorized19
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$164,127
- Units authorized per 1,000 households1.8
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.
Randolph County
SBA loans in Randolph County (7(a) and 504)
- 7(a) approvals recorded19
- 7(a) gross approval dollars$9.4 m
- Average 7(a) approval$496,579
- Median 7(a) approval$150,000
- Largest single approval$3,100,000
- Jobs reported supported, 7(a)213
- Jobs per approval11.2
- Distinct 7(a) lenders active8
- Distinct industries receiving approvals14
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer21.1 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter14
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countLimited-Service Restaurants (4)
- Most active lenderCitizens State Bank of New Castle (7)
- 504 approvals recorded4
- 504 gross approval dollars$983,000
- Average 504 approval$245,750
- Median 504 approval$197,000
- Distinct CDCs active2
- 504 jobs per approval2.0
- 504 jobs per million dollars approved8.1
- Most active CDCIndiana Statewide Certified Development Corporation (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$10.4 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.
Randolph County
SBA loan default and charge-off rates in Randolph County
Do SBA loans in Randolph County get paid back?
- Loans with a final outcome recorded3
- Paid in full2
- Charged off1
- Status: Paid in full2
- Status: Charged off1
- Status: Exempt from disclosure13
- Status: Cancelled2
- Status: Committed, not yet disbursed1
Only 3 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.
Randolph County
SBA lending by place in Randolph County
- Borrower cities with recorded lending4
- Union City, approvals7
- Winchester, approvals6
- Ridgeville, approvals4
- Albany, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Union City | 7 | $7,075,000 |
| Winchester | 6 | $1,543,000 |
| Ridgeville | 4 | $517,000 |
| Albany | 2 | $300,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Randolph County
How large is Randolph County?
- Land area452 sq mi
- Rank by land area among Indiana counties19th of 92
- Width, east to west21.9 mi
- Height, north to south21.1 mi
- Geographies sharing a boundary5
- Residents per square mile of land54
- Establishments per square mile1.08
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.
Randolph County
Flood risk in Randolph County
- Participation of the county's own NFIP community Randolph County, unincorporated areasParticipating, community 180429
- Communities in the county in the NFIP Community Status Book7
- Of those, participating in the NFIP7
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Randolph 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 Randolph County (community 180429), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Randolph 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. 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 Randolph 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 Randolph County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202424,387
- Households10,364
- Average household size2.35
- Median household income$60,791
- Median age42.3
Common questions
Randolph County questions, answered from the record.
How many people live in Randolph County, Indiana?
The Census Bureau estimates 24,337 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 24,387, in 10,364 households, ranking 64th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Randolph County's population growing?
The population has fallen 0.69 percent since the 2020 census base of 24,507, to 24,337 on July 1, 2024. In 2024 there were 298 births against 341 deaths, with net migration of 21. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Randolph County?
$60,791. The median owner-occupied home is valued at $113,400, which is 1.9 times income, and median gross rent is $723 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Randolph County?
490 establishments, employing 5,559 people with an annual payroll of $265.2 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 Randolph County?
Manufacturing is the largest private sector at 1,416 jobs, 20.0 percent of covered employment. Covered employment averages 7,093 jobs at an average annual pay of $51,830, or $997 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Randolph County?
19 7(a) approvals totaling $9.4 m since FY2020, across 8 lenders, with a median approval of $150,000, plus 4 504 approvals worth $983,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Randolph County?
19 housing units were authorized by permit in 2024, with a declared construction value of $3.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Randolph 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 Randolph County come from?
The largest single origin is Delaware County, with 135 households. Arriving households report an average income of $42,630 against $43,795 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Randolph 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 Randolph 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.
Randolph County
Cities and places in Randolph.
13 Census places lie wholly or partly in Randolph County. All 13 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 |
|---|---|---|---|---|
| Winchester | city | 5,284 | 6 | Wholly in this county |
| Union City | city | 3,569 | 7 | Wholly in this county |
| Albany | town | 2,907 | 2 | 2.9 percent here, 97.1 percent Delaware County |
| Farmland | town | 1,276 | None recorded | Wholly in this county |
| Parker City | town | 1,211 | None recorded | Wholly in this county |
| Lynn | town | 943 | None recorded | Wholly in this county |
| Ridgeville | town | 569 | 4 | Wholly in this county |
| Fairview | CDP | 306 | None recorded | Wholly in this county |
| Saratoga | town | 249 | None recorded | Wholly in this county |
| Losantville | town | 238 | None recorded | Wholly in this county |
| Modoc | town | 180 | None recorded | Wholly in this county |
| Spartanburg | CDP | 76 | None recorded | Wholly in this county |
| Windsor | CDP | 0 | None recorded | 46.8 percent here, 53.2 percent Delaware County |
Nearby