Vanderburgh County, Indiana: commercial real estate data.
Vanderburgh County, Indiana had an estimated 180,387 residents on July 1, 2024, up 0.1 percent since the 2020 census base of 180,133, across 233 square miles. County output reached $15.63 bn in 2024, 5,102 establishments operate here, and the SBA record carries 214 7(a) approvals worth $122.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Vanderburgh County
How many people live in Vanderburgh County
- Population, American Community Survey 2020-2024180,117
- Households78,270
- Average household size2.30
- Median household income$61,648
- Median age38.7
- Median gross rent$985 per month
- Median owner-occupied home value$184,000
- Home value to household income3.0 times
- Annual rent as a share of median income19.2 percent
- Adults 25 and over with a bachelor degree or higher27.8 percent
- Adults 25 and over with a graduate degree9.5 percent
- Adults 25 and over123,784
- Population under 1839,047
- Share under 1821.7 percent
- Population 65 and over32,961
- Share 65 and over18.3 percent
- Working age population, 18 to 64108,109
- Civilian labor force92,430
- Unemployment rate4.2 percent
- Labor force participation, adults 18 and over65.5 percent
- Rank by population among Indiana counties9th of 92
- Rank by population among US county-equivalents, Puerto Rico included382nd of 3,222
Vanderburgh County is the 9th largest of 92 Indiana counties by population. A median home costs 3.0 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 21.7 percent against 18.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Vanderburgh County
Is Vanderburgh County's population growing?
- Population, July 1, 2024180,387
- Census 2020 base population180,133
- Population change since the 2020 census base0.14 percent
- Population change, 2023 to 2024445
- Births, 20242,116
- Deaths, 20242,144
- Natural change, 2024-28
- Net domestic migration, 202453
- Net international migration, 2024415
- Total net migration, 2024468
- Cumulative net domestic migration, 2021 to 2024-422
- Rank by growth among US county-equivalents1775th of 3,144
The county has grown 0.14 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Vanderburgh County
Where are people moving to Vanderburgh County from?
- Tax returns filed by households arriving4,241
- People arriving, from those returns7,146
- Tax returns filed by households leaving4,330
- Net household movement-89
- Adjusted gross income arriving$236.4 m
- Net adjusted gross income movement$-8.3 m
- Average income of an arriving household$55,745
- Average income of a leaving household$56,518
- Largest single originWarrick County (835 households)
- Largest single destinationWarrick County (979 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Warrick County | 835 | 1,384 | $48.2 m |
| Posey County | 290 | 522 | $14.0 m |
| Gibson County | 250 | 443 | $12.6 m |
| Henderson County | 209 | 349 | $7.6 m |
| Marion County | 101 | 150 | $4.2 m |
| Daviess County | 81 | 128 | $2.8 m |
| Dubois County | 71 | 109 | $2.8 m |
| Spencer County | 56 | 103 | $2.0 m |
Households arriving report $773 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Warrick 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.
Vanderburgh County
What is the Vanderburgh County economy?
- County GDP, 2024$15.63 bn
- County GDP, 2023$14.94 bn
- GDP change, 2023 to 20244.6 percent
- GDP change over five years35.4 percent
- Rank by GDP among the Indiana areas BEA publishes7th of 92
- Rank by GDP among the US county areas BEA publishes319th of 3,127
- GDP per resident$86,770
Output grew 4.6 percent in the latest year and 35.4 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.
Vanderburgh County
Employment by industry in Vanderburgh County
- Covered employment, annual average107,139
- Establishments reporting5,183
- Average annual pay$57,061
- Average weekly wage$1,097
- Health care and social assistance, employment18,980
- Health care and social assistance, average annual pay$65,436
- Manufacturing, employment12,253
- Manufacturing, average annual pay$69,940
- Retail trade, employment11,903
- Retail trade, average annual pay$35,708
- Accommodation and food services, employment10,054
- Accommodation and food services, average annual pay$21,870
- Construction, employment6,853
- Transportation and warehousing, employment5,279
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 18,980 | 618 | $65,436 |
| Manufacturing | 12,253 | 234 | $69,940 |
| Retail trade | 11,903 | 736 | $35,708 |
| Accommodation and food services | 10,054 | 487 | $21,870 |
| Construction | 6,853 | 432 | $71,680 |
| Transportation and warehousing | 5,279 | 125 | $49,582 |
| Administrative and support and waste management services | 5,222 | 308 | $39,990 |
| Professional, scientific and technical services | 4,480 | 547 | $72,963 |
Health care and social assistance is the largest private sector at 18,980 jobs, 17.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Vanderburgh County
How many businesses are in Vanderburgh County?
- Establishments, all industries5,102
- Employment at those establishments110,804
- Annual payroll$6.06 bn
- Establishments per 1,000 residents28.3
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.
Vanderburgh County
Building permits in Vanderburgh County
- Housing units authorized by permit, 2024416
- Declared construction value permitted$127.3 m
- Single family units authorized358
- Multifamily units authorized58
- Multifamily share of units13.9 percent
- Average declared value per unit$306,007
- Units authorized per 1,000 households5.3
Single-family homes are 86.1 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Vanderburgh County
SBA loans in Vanderburgh County (7(a) and 504)
- 7(a) approvals recorded214
- 7(a) gross approval dollars$122.3 m
- Average 7(a) approval$571,695
- Median 7(a) approval$227,500
- 10th percentile approval$35,100
- 90th percentile approval$1,326,240
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)2,765
- Jobs per approval12.9
- Distinct 7(a) lenders active43
- Distinct industries receiving approvals88
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer16.8 percent
- Loans on real estate terms36
- Loans on working capital terms, 120 months or shorter162
- Franchise loans38
- Franchise share of approvals17.8 percent
- Leading industry by approval countFull-Service Restaurants (21)
- Most active lenderHeritage Federal Credit Union (45)
- 504 approvals recorded89
- 504 gross approval dollars$59.2 m
- Average 504 approval$665,427
- Median 504 approval$390,000
- Distinct CDCs active3
- 504 jobs per approval8.6
- 504 jobs per million dollars approved13.0
- Most active CDCPremier Capital Corporation (62)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$181.6 m
The average approval of $571,695 sits well above the median of $227,500, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 16.8 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.
Vanderburgh County
SBA loan default and charge-off rates in Vanderburgh County
Do SBA loans in Vanderburgh County get paid back?
- Loans with a final outcome recorded39
- Paid in full38
- Charged off1
- Charge-off rate on resolved loans2.6 percent
- Status: Paid in full38
- Status: Cancelled27
- Status: Exempt from disclosure140
- Status: Charged off1
- Status: Committed, not yet disbursed8
Of the 39 loans that have reached a final outcome, 2.6 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.
Vanderburgh County
SBA lending by place in Vanderburgh County
- Borrower cities with recorded lending2
- Evansville, approvals213
- Darmstadt, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Evansville | 213 | $121,992,800 |
| Darmstadt | 1 | $350,000 |
Evansville accounts for 213 approvals against 1 in Darmstadt. 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.
Vanderburgh County
How large is Vanderburgh County?
- Land area233 sq mi
- Rank by land area among Indiana counties85th of 92
- Width, east to west13.6 mi
- Height, north to south23.7 mi
- Geographies sharing a boundary4
- Residents per square mile of land773
- Establishments per square mile21.90
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.
Vanderburgh County
Flood risk in Vanderburgh County
- Participation of the county's own NFIP community Vanderburgh County, unincorporated areasParticipating, community 180256
- Community Rating System class of the county's own communityClass 9
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP2
- NFIP participation rate66.7 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 8
- Communities carrying a CRS class2
- Radon levels in Vanderburgh County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Vanderburgh County (community 180256), participates in the National Flood Insurance Program and carries Community Rating System class 9, a flood insurance premium discount for policies written there. The EPA places Vanderburgh County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 8, which carries a flood insurance premium discount for policies written in that community. 66.7 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 Vanderburgh 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 Vanderburgh County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024180,117
- Households78,270
- Average household size2.30
- Median household income$61,648
- Median age38.7
Common questions
Vanderburgh County questions, answered from the record.
How many people live in Vanderburgh County, Indiana?
The Census Bureau estimates 180,387 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 180,117, in 78,270 households, ranking 9th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Vanderburgh County's population growing?
The population has grown 0.14 percent since the 2020 census base of 180,133, to 180,387 on July 1, 2024. In 2024 there were 2,116 births against 2,144 deaths, with net migration of 468. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Vanderburgh County?
$61,648. The median owner-occupied home is valued at $184,000, which is 3.0 times income, and median gross rent is $985 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Vanderburgh County?
5,102 establishments, employing 110,804 people with an annual payroll of $6.06 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 Vanderburgh County?
Health care and social assistance is the largest private sector at 18,980 jobs, 17.7 percent of covered employment. Covered employment averages 107,139 jobs at an average annual pay of $57,061, or $1,097 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Vanderburgh County?
214 7(a) approvals totaling $122.3 m since FY2020, across 43 lenders, with a median approval of $227,500, plus 89 504 approvals worth $59.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Vanderburgh County get paid back?
Of the 39 loans that have reached a final outcome, 38 were paid in full and 1 charged off, a charge-off rate of 2.6 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Vanderburgh County?
416 housing units were authorized by permit in 2024, with a declared construction value of $127.3 m. Multifamily was 13.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Vanderburgh County?
Zone 2, a predicted average indoor radon screening level from 2 to 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 Vanderburgh County come from?
The largest single origin is Warrick County, with 835 households. Arriving households report an average income of $55,745 against $56,518 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Vanderburgh 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 Vanderburgh 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.
Vanderburgh County
Cities and places in Vanderburgh.
5 Census places lie wholly or partly in Vanderburgh County. All 5 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 |
|---|---|---|---|---|
| Evansville | city | 116,116 | 213 | Wholly in this county |
| Highland | CDP | 5,114 | None recorded | Wholly in this county |
| Melody Hill | CDP | 3,243 | None recorded | Wholly in this county |
| Darmstadt | town | 1,508 | 1 | Wholly in this county |
| St. Wendel | CDP | 923 | None recorded | 28.4 percent here, 71.6 percent Posey County |
Nearby