Tippecanoe County, Indiana: commercial real estate data.
Tippecanoe County, Indiana had an estimated 191,650 residents on July 1, 2024, up 2.9 percent since the 2020 census base of 186,246, across 500 square miles. County output reached $13.69 bn in 2024, 3,857 establishments operate here, and the SBA record carries 195 7(a) approvals worth $79.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Tippecanoe County
How many people live in Tippecanoe County
- Population, American Community Survey 2020-2024189,071
- Households75,808
- Average household size2.49
- Median household income$60,636
- Median age28.8
- Median gross rent$1,124 per month
- Median owner-occupied home value$239,300
- Home value to household income3.9 times
- Annual rent as a share of median income22.2 percent
- Adults 25 and over with a bachelor degree or higher40.5 percent
- Adults 25 and over with a graduate degree17.4 percent
- Adults 25 and over105,698
- Population under 1838,352
- Share under 1820.3 percent
- Population 65 and over23,223
- Share 65 and over12.3 percent
- Working age population, 18 to 64127,496
- Civilian labor force96,594
- Unemployment rate3.3 percent
- Labor force participation, adults 18 and over64.1 percent
- Rank by population among Indiana counties7th of 92
- Rank by population among US county-equivalents, Puerto Rico included365th of 3,222
Tippecanoe County is the 7th largest of 92 Indiana counties by population. A median home costs 3.9 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 20.3 percent against 12.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Tippecanoe County
Is Tippecanoe County's population growing?
- Population, July 1, 2024191,650
- Census 2020 base population186,246
- Population change since the 2020 census base2.90 percent
- Population change, 2023 to 20241,168
- Births, 20241,979
- Deaths, 20241,311
- Natural change, 2024668
- Net domestic migration, 2024-2,587
- Net international migration, 20243,086
- Total net migration, 2024499
- Cumulative net domestic migration, 2021 to 2024-6,305
- Rank by growth among US county-equivalents896th of 3,144
The county has grown 2.90 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Tippecanoe County
Where are people moving to Tippecanoe County from?
- Tax returns filed by households arriving4,593
- People arriving, from those returns7,674
- Tax returns filed by households leaving5,702
- Net household movement-1,109
- Adjusted gross income arriving$259.9 m
- Net adjusted gross income movement$-85.3 m
- Average income of an arriving household$56,587
- Average income of a leaving household$60,539
- Largest single originMarion County (215 households)
- Largest single destinationMarion County (390 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Marion County | 215 | 300 | $10.0 m |
| Cook County | 189 | 381 | $17.2 m |
| White County | 186 | 318 | $8.5 m |
| Clinton County | 180 | 340 | $7.2 m |
| Carroll County | 169 | 291 | $7.4 m |
| Montgomery County | 112 | 199 | $5.3 m |
| Lake County | 100 | 179 | $3.7 m |
| Hamilton County | 93 | 152 | $5.7 m |
Households arriving report $3,952 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Marion 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.
Tippecanoe County
What is the Tippecanoe County economy?
- County GDP, 2024$13.69 bn
- County GDP, 2023$13.02 bn
- GDP change, 2023 to 20245.1 percent
- GDP change over five years33.5 percent
- Rank by GDP among the Indiana areas BEA publishes8th of 92
- Rank by GDP among the US county areas BEA publishes344th of 3,127
- GDP per resident$72,400
Output grew 5.1 percent in the latest year and 33.5 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.
Tippecanoe County
Employment by industry in Tippecanoe County
- Covered employment, annual average92,794
- Establishments reporting4,253
- Average annual pay$61,152
- Average weekly wage$1,176
- Manufacturing, employment18,500
- Manufacturing, average annual pay$83,085
- Health care and social assistance, employment13,332
- Health care and social assistance, average annual pay$56,238
- Accommodation and food services, employment9,424
- Accommodation and food services, average annual pay$21,634
- Retail trade, employment8,852
- Retail trade, average annual pay$33,527
- Administrative and support and waste management services, employment4,508
- Construction, employment4,124
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 18,500 | 132 | $83,085 |
| Health care and social assistance | 13,332 | 454 | $56,238 |
| Accommodation and food services | 9,424 | 454 | $21,634 |
| Retail trade | 8,852 | 514 | $33,527 |
| Administrative and support and waste management services | 4,508 | 214 | $37,057 |
| Construction | 4,124 | 342 | $73,114 |
| Professional, scientific and technical services | 3,047 | 620 | $93,131 |
| Other services, except public administration | 2,603 | 357 | $47,357 |
Manufacturing is the largest private sector at 18,500 jobs, 19.9 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Tippecanoe County
How many businesses are in Tippecanoe County?
- Establishments, all industries3,857
- Employment at those establishments75,889
- Annual payroll$3.95 bn
- Establishments per 1,000 residents20.4
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.
Tippecanoe County
Building permits in Tippecanoe County
- Housing units authorized by permit, 20241,548
- Declared construction value permitted$308.0 m
- Single family units authorized457
- Multifamily units authorized1,091
- Multifamily share of units70.5 percent
- Average declared value per unit$198,995
- Units authorized per 1,000 households20.4
Multifamily is 70.5 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Tippecanoe County
SBA loans in Tippecanoe County (7(a) and 504)
- 7(a) approvals recorded195
- 7(a) gross approval dollars$79.6 m
- Average 7(a) approval$407,997
- Median 7(a) approval$111,100
- 10th percentile approval$25,000
- 90th percentile approval$996,060
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)1,996
- Jobs per approval10.2
- Distinct 7(a) lenders active32
- Distinct industries receiving approvals85
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer8.7 percent
- Loans on real estate terms17
- Loans on working capital terms, 120 months or shorter171
- Franchise loans19
- Franchise share of approvals9.7 percent
- Leading industry by approval countFull-Service Restaurants (13)
- Most active lenderCentier Bank (54)
- 504 approvals recorded71
- 504 gross approval dollars$55.4 m
- Average 504 approval$780,324
- Median 504 approval$526,000
- Distinct CDCs active6
- 504 jobs per approval11.3
- 504 jobs per million dollars approved14.5
- Most active CDCRegional Development Company (34)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$135.0 m
The average approval of $407,997 sits well above the median of $111,100, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 8.7 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.
Tippecanoe County
SBA loan default and charge-off rates in Tippecanoe County
Do SBA loans in Tippecanoe County get paid back?
- Loans with a final outcome recorded45
- Paid in full43
- Charged off2
- Charge-off rate on resolved loans4.4 percent
- Status: Cancelled28
- Status: Paid in full43
- Status: Exempt from disclosure118
- Status: Charged off2
- Status: Committed, not yet disbursed4
Of the 45 loans that have reached a final outcome, 4.4 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
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.
Tippecanoe County
SBA lending by place in Tippecanoe County
- Borrower cities with recorded lending8
- Lafayette, approvals142
- West Lafayette, approvals41
- West Point, approvals4
- W Lafayette, approvals3
- Carmel, approvals2
- Terre Haute, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Lafayette | 142 | $47,225,200 |
| West Lafayette | 41 | $24,273,700 |
| West Point | 4 | $286,500 |
| W Lafayette | 3 | $450,000 |
| Carmel | 2 | $430,000 |
| Terre Haute | 1 | $4,855,000 |
| West Chester | 1 | $1,450,000 |
| Battle Ground | 1 | $589,000 |
Lafayette accounts for 142 approvals against 41 in West Lafayette. 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.
Tippecanoe County
How large is Tippecanoe County?
- Land area500 sq mi
- Rank by land area among Indiana counties11th of 92
- Width, east to west21.1 mi
- Height, north to south24.1 mi
- Geographies sharing a boundary7
- Residents per square mile of land378
- Establishments per square mile7.71
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.
Tippecanoe County
Flood risk in Tippecanoe County
- Participation of the county's own NFIP community Tippecanoe County, unincorporated areasParticipating, community 180428
- Communities in the county in the NFIP Community Status Book6
- Of those, participating in the NFIP6
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Tippecanoe 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 Tippecanoe County (community 180428), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Tippecanoe 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 Tippecanoe 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 Tippecanoe County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024189,071
- Households75,808
- Average household size2.49
- Median household income$60,636
- Median age28.8
Common questions
Tippecanoe County questions, answered from the record.
How many people live in Tippecanoe County, Indiana?
The Census Bureau estimates 191,650 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 189,071, in 75,808 households, ranking 7th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Tippecanoe County's population growing?
The population has grown 2.90 percent since the 2020 census base of 186,246, to 191,650 on July 1, 2024. In 2024 there were 1,979 births against 1,311 deaths, with net migration of 499. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Tippecanoe County?
$60,636. The median owner-occupied home is valued at $239,300, which is 3.9 times income, and median gross rent is $1,124 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Tippecanoe County?
3,857 establishments, employing 75,889 people with an annual payroll of $3.95 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Tippecanoe County?
Manufacturing is the largest private sector at 18,500 jobs, 19.9 percent of covered employment. Covered employment averages 92,794 jobs at an average annual pay of $61,152, or $1,176 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Tippecanoe County?
195 7(a) approvals totaling $79.6 m since FY2020, across 32 lenders, with a median approval of $111,100, plus 71 504 approvals worth $55.4 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Tippecanoe County get paid back?
Of the 45 loans that have reached a final outcome, 43 were paid in full and 2 charged off, a charge-off rate of 4.4 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Tippecanoe County?
1,548 housing units were authorized by permit in 2024, with a declared construction value of $308.0 m. Multifamily was 70.5 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Tippecanoe 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 Tippecanoe County come from?
The largest single origin is Marion County, with 215 households. Arriving households report an average income of $56,587 against $60,539 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Tippecanoe 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 Tippecanoe 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.
Tippecanoe County
Cities and places in Tippecanoe.
14 Census places lie wholly or partly in Tippecanoe County. All 14 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 |
|---|---|---|---|---|
| Lafayette | city | 71,159 | 142 | Wholly in this county |
| West Lafayette | city | 45,159 | 41 | Wholly in this county |
| Battle Ground | town | 1,969 | 1 | Wholly in this county |
| Shadeland | town | 1,921 | None recorded | Wholly in this county |
| Otterbein | town | 1,576 | None recorded | 69.3 percent here, 30.7 percent Benton County |
| Dayton | town | 1,168 | None recorded | Wholly in this county |
| Clarks Hill | town | 700 | None recorded | Wholly in this county |
| Romney | CDP | 391 | None recorded | Wholly in this county |
| Stockwell | CDP | 286 | None recorded | Wholly in this county |
| West Point | CDP | 189 | 4 | Wholly in this county |
| Colburn | CDP | 92 | None recorded | Wholly in this county |
| Buck Creek | CDP | 77 | None recorded | Wholly in this county |
| Montmorenci | CDP | 76 | None recorded | Wholly in this county |
| Americus | CDP | 67 | None recorded | Wholly in this county |
A further 7 of the county's 195 SBA 7(a) approvals are to borrowers in cities that match no Census place in Tippecanoe County, the largest being W Lafayette (3), Carmel (2), Terre Haute (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