Steuben County, Indiana: commercial real estate data.
Steuben County, Indiana had an estimated 34,862 residents on July 1, 2024, up 1.2 percent since the 2020 census base of 34,444, across 309 square miles. County output reached $1.96 bn in 2024, 965 establishments operate here, and the SBA record carries 45 7(a) approvals worth $19.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Steuben County
How many people live in Steuben County
- Population, American Community Survey 2020-202434,726
- Households14,058
- Average household size2.47
- Median household income$74,911
- Median age43.5
- Median gross rent$933 per month
- Median owner-occupied home value$216,200
- Home value to household income2.9 times
- Annual rent as a share of median income14.9 percent
- Adults 25 and over with a bachelor degree or higher25.6 percent
- Adults 25 and over with a graduate degree9.2 percent
- Adults 25 and over24,033
- Population under 186,830
- Share under 1819.7 percent
- Population 65 and over7,593
- Share 65 and over21.9 percent
- Working age population, 18 to 6420,303
- Civilian labor force17,579
- Unemployment rate7.2 percent
- Labor force participation, adults 18 and over63.0 percent
- Rank by population among Indiana counties46th of 92
- Rank by population among US county-equivalents, Puerto Rico included1347th of 3,222
Steuben County is the 46th largest of 92 Indiana counties by population. A median home costs 2.9 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 21.9 percent against 19.7 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Steuben County
Is Steuben County's population growing?
- Population, July 1, 202434,862
- Census 2020 base population34,444
- Population change since the 2020 census base1.21 percent
- Population change, 2023 to 2024-14
- Births, 2024340
- Deaths, 2024384
- Natural change, 2024-44
- Net domestic migration, 2024-59
- Net international migration, 202489
- Total net migration, 202430
- Cumulative net domestic migration, 2021 to 2024461
- Rank by growth among US county-equivalents1416th of 3,144
The county has grown 1.21 percent 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.
Steuben County
Where are people moving to Steuben County from?
- Tax returns filed by households arriving956
- People arriving, from those returns1,715
- Tax returns filed by households leaving976
- Net household movement-20
- Adjusted gross income arriving$73.3 m
- Net adjusted gross income movement$11.5 m
- Average income of an arriving household$76,676
- Average income of a leaving household$63,371
- Largest single originAllen County (175 households)
- Largest single destinationDeKalb County (166 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Allen County | 175 | 305 | $16.4 m |
| DeKalb County | 145 | 265 | $7.0 m |
| LaGrange County | 55 | 108 | $2.4 m |
| Branch County | 52 | 78 | $2.0 m |
| Noble County | 35 | 66 | $1.9 m |
| Williams County | 26 | 51 | $1.7 m |
| Elkhart County | 25 | 42 | $1.6 m |
| Hillsdale County | 21 | 36 | $1.0 m |
Households arriving report $13,305 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 Allen 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.
Steuben County
What is the Steuben County economy?
- County GDP, 2024$1.96 bn
- County GDP, 2023$1.93 bn
- GDP change, 2023 to 20241.4 percent
- GDP change over five years32.3 percent
- Rank by GDP among the Indiana areas BEA publishes49th of 92
- Rank by GDP among the US county areas BEA publishes1303rd of 3,127
- GDP per resident$56,413
Output grew 1.4 percent in the latest year and 32.3 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.
Steuben County
Employment by industry in Steuben County
- Covered employment, annual average16,256
- Establishments reporting1,020
- Average annual pay$49,004
- Average weekly wage$942
- Manufacturing, employment5,068
- Manufacturing, average annual pay$55,495
- Retail trade, employment2,086
- Retail trade, average annual pay$30,067
- Accommodation and food services, employment1,346
- Accommodation and food services, average annual pay$19,145
- Administrative and support and waste management services, employment866
- Administrative and support and waste management services, average annual pay$46,328
- Transportation and warehousing, employment726
- Construction, employment538
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 5,068 | 100 | $55,495 |
| Retail trade | 2,086 | 146 | $30,067 |
| Accommodation and food services | 1,346 | 86 | $19,145 |
| Administrative and support and waste management services | 866 | 59 | $46,328 |
| Transportation and warehousing | 726 | 45 | $77,373 |
| Construction | 538 | 96 | $60,150 |
| Other services, except public administration | 457 | 81 | $53,117 |
| Professional, scientific and technical services | 328 | 72 | $78,941 |
Manufacturing is the largest private sector at 5,068 jobs, 31.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Steuben County
How many businesses are in Steuben County?
- Establishments, all industries965
- Employment at those establishments14,322
- Annual payroll$635.0 m
- Establishments per 1,000 residents27.8
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.
Steuben County
Building permits in Steuben County
- Housing units authorized by permit, 2024209
- Declared construction value permitted$74.3 m
- Single family units authorized135
- Multifamily units authorized74
- Multifamily share of units35.4 percent
- Average declared value per unit$355,627
- Units authorized per 1,000 households14.9
Single-family homes are 64.6 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Steuben County
SBA loans in Steuben County (7(a) and 504)
- 7(a) approvals recorded45
- 7(a) gross approval dollars$19.5 m
- Average 7(a) approval$432,449
- Median 7(a) approval$209,000
- 10th percentile approval$50,000
- 90th percentile approval$1,083,520
- Largest single approval$3,500,000
- Jobs reported supported, 7(a)340
- Jobs per approval7.6
- Distinct 7(a) lenders active16
- Distinct industries receiving approvals30
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer17.8 percent
- Loans on real estate terms8
- Loans on working capital terms, 120 months or shorter34
- Franchise loans6
- Franchise share of approvals13.3 percent
- Most active lenderSTAR Financial Bank (12)
- 504 approvals recorded19
- 504 gross approval dollars$11.1 m
- Average 504 approval$584,186
- Median 504 approval$396,000
- Distinct CDCs active4
- 504 jobs per approval3.7
- 504 jobs per million dollars approved6.4
- Most active CDCCommunity Development Corporation of Fort Wayne (15)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$30.6 m
The average approval of $432,449 sits well above the median of $209,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 17.8 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.
Steuben County
SBA loan default and charge-off rates in Steuben County
Do SBA loans in Steuben County get paid back?
- Loans with a final outcome recorded6
- Paid in full6
- Charged off0
- Status: Exempt from disclosure32
- Status: Paid in full6
- Status: Cancelled3
- Status: Committed, not yet disbursed4
Only 6 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.
Steuben County
SBA lending by place in Steuben County
- Borrower cities with recorded lending6
- Angola, approvals27
- Fremont, approvals10
- Hamilton, approvals4
- Pleasant Lake, approvals2
- Hudson, approvals1
- Bryan, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Angola | 27 | $11,339,600 |
| Fremont | 10 | $6,784,900 |
| Hamilton | 4 | $996,500 |
| Pleasant Lake | 2 | $86,000 |
| Hudson | 1 | $160,000 |
| Bryan | 1 | $93,200 |
Angola accounts for 27 approvals against 10 in Fremont. 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.
Steuben County
How large is Steuben County?
- Land area309 sq mi
- Rank by land area among Indiana counties78th of 92
- Width, east to west20.2 mi
- Height, north to south16.1 mi
- Geographies sharing a boundary5
- Residents per square mile of land112
- Establishments per square mile3.12
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.
Steuben County
Flood risk in Steuben County
- Participation of the county's own NFIP community Steuben County, unincorporated areasParticipating, community 180243
- Communities in the county in the NFIP Community Status Book7
- Of those, participating in the NFIP5
- NFIP participation rate71.4 percent
- Communities carrying a CRS class0
- Radon levels in Steuben 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 Steuben County (community 180243), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Steuben 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. 71.4 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 Steuben 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 Steuben County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202434,726
- Households14,058
- Average household size2.47
- Median household income$74,911
- Median age43.5
Common questions
Steuben County questions, answered from the record.
How many people live in Steuben County, Indiana?
The Census Bureau estimates 34,862 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 34,726, in 14,058 households, ranking 46th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Steuben County's population growing?
The population has grown 1.21 percent since the 2020 census base of 34,444, to 34,862 on July 1, 2024. In 2024 there were 340 births against 384 deaths, with net migration of 30. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Steuben County?
$74,911. The median owner-occupied home is valued at $216,200, which is 2.9 times income, and median gross rent is $933 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Steuben County?
965 establishments, employing 14,322 people with an annual payroll of $635.0 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 Steuben County?
Manufacturing is the largest private sector at 5,068 jobs, 31.2 percent of covered employment. Covered employment averages 16,256 jobs at an average annual pay of $49,004, or $942 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Steuben County?
45 7(a) approvals totaling $19.5 m since FY2020, across 16 lenders, with a median approval of $209,000, plus 19 504 approvals worth $11.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Steuben County?
209 housing units were authorized by permit in 2024, with a declared construction value of $74.3 m. Multifamily was 35.4 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Steuben 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 Steuben County come from?
The largest single origin is Allen County, with 175 households. Arriving households report an average income of $76,676 against $63,371 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Steuben 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 Steuben 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.
Steuben County
Cities and places in Steuben.
16 Census places lie wholly or partly in Steuben County. All 16 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 |
|---|---|---|---|---|
| Angola | city | 9,408 | 27 | Wholly in this county |
| Fremont | town | 2,112 | 10 | Wholly in this county |
| Hamilton | town | 1,939 | 4 | 88.8 percent here, 11.2 percent DeKalb County |
| Ashley | town | 1,230 | None recorded | 22.7 percent here, 77.3 percent DeKalb County |
| Jimmerson Lake | CDP | 1,024 | None recorded | Wholly in this county |
| Pleasant Lake | CDP | 829 | 2 | Wholly in this county |
| Hudson | town | 610 | 1 | Wholly in this county |
| Snow Lake | CDP | 519 | None recorded | Wholly in this county |
| Clear Lake | town | 462 | None recorded | Wholly in this county |
| Orland | town | 434 | None recorded | Wholly in this county |
| Otter Lake | CDP | 216 | None recorded | Wholly in this county |
| Wall Lake | CDP | 181 | None recorded | 22.4 percent here, 77.6 percent LaGrange County |
| Wildwood | CDP | 116 | None recorded | Wholly in this county |
| Holiday Woods | CDP | 83 | None recorded | Wholly in this county |
| Helmer | CDP | 31 | None recorded | Wholly in this county |
| Metz | CDP | 12 | None recorded | Wholly in this county |
A further 1 of the county's 45 SBA 7(a) approvals are to borrowers in cities that match no Census place in Steuben County, the largest being Bryan (1). 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