Vermillion County, Indiana: commercial real estate data.
Vermillion County, Indiana had an estimated 15,516 residents on July 1, 2024, up 0.5 percent since the 2020 census base of 15,434, across 257 square miles. County output reached $1.13 bn in 2024, 268 establishments operate here, and the SBA record carries 3 7(a) approvals worth $328,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Vermillion County
How many people live in Vermillion County
- Population, American Community Survey 2020-202415,421
- Households6,594
- Average household size2.34
- Median household income$60,200
- Median age42.7
- Median gross rent$750 per month
- Median owner-occupied home value$113,100
- Home value to household income1.9 times
- Annual rent as a share of median income15.0 percent
- Adults 25 and over with a bachelor degree or higher17.6 percent
- Adults 25 and over with a graduate degree5.1 percent
- Adults 25 and over10,894
- Population under 183,320
- Share under 1821.5 percent
- Population 65 and over3,091
- Share 65 and over20.0 percent
- Working age population, 18 to 649,010
- Civilian labor force6,930
- Unemployment rate4.6 percent
- Labor force participation, adults 18 and over57.3 percent
- Rank by population among Indiana counties80th of 92
- Rank by population among US county-equivalents, Puerto Rico included2133rd of 3,222
Vermillion County is the 80th 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 21.5 percent against 20.0 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Vermillion County
Is Vermillion County's population growing?
- Population, July 1, 202415,516
- Census 2020 base population15,434
- Population change since the 2020 census base0.53 percent
- Population change, 2023 to 2024153
- Births, 2024144
- Deaths, 2024198
- Natural change, 2024-54
- Net domestic migration, 2024206
- Net international migration, 20245
- Total net migration, 2024211
- Cumulative net domestic migration, 2021 to 2024382
- Rank by growth among US county-equivalents1641st of 3,144
The county has grown 0.53 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.
Vermillion County
Where are people moving to Vermillion County from?
- Tax returns filed by households arriving386
- People arriving, from those returns720
- Tax returns filed by households leaving370
- Net household movement16
- Adjusted gross income arriving$17.0 m
- Net adjusted gross income movement$-1.8 m
- Average income of an arriving household$44,096
- Average income of a leaving household$50,757
- Largest single originVigo County (102 households)
- Largest single destinationVigo County (117 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Vigo County | 102 | 190 | $4.2 m |
| Parke County | 51 | 103 | $2.1 m |
| Fountain County | 35 | 66 | $1.3 m |
| Vermilion County | 26 | 57 | $1.3 m |
Households arriving report $6,661 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Vigo 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.
Vermillion County
What is the Vermillion County economy?
- County GDP, 2024$1.13 bn
- County GDP, 2023$1.18 bn
- GDP change, 2023 to 2024-4.1 percent
- GDP change over five years25.1 percent
- Rank by GDP among the Indiana areas BEA publishes64th of 92
- Rank by GDP among the US county areas BEA publishes1743rd of 3,127
- GDP per resident$73,565
Output grew -4.1 percent in the latest year and 25.1 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.
Vermillion County
Employment by industry in Vermillion County
- Covered employment, annual average4,289
- Establishments reporting294
- Average annual pay$58,444
- Average weekly wage$1,124
- Manufacturing, employment722
- Manufacturing, average annual pay$88,162
- Construction, employment673
- Construction, average annual pay$84,636
- Retail trade, employment605
- Retail trade, average annual pay$30,975
- Utilities, employment130
- Utilities, average annual pay$118,169
- Wholesale trade, employment84
- Transportation and warehousing, employment83
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 722 | 9 | $88,162 |
| Construction | 673 | 38 | $84,636 |
| Retail trade | 605 | 45 | $30,975 |
| Utilities | 130 | 7 | $118,169 |
| Wholesale trade | 84 | 12 | $148,297 |
| Transportation and warehousing | 83 | 12 | $62,221 |
| Administrative and support and waste management services | 71 | 14 | $48,587 |
| Finance and insurance | 62 | 16 | $46,738 |
Manufacturing is the largest private sector at 722 jobs, 16.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Vermillion County
How many businesses are in Vermillion County?
- Establishments, all industries268
- Employment at those establishments3,921
- Annual payroll$267.7 m
- Establishments per 1,000 residents17.4
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.
Vermillion County
Building permits in Vermillion County
- Housing units authorized by permit, 202423
- Declared construction value permitted$4.5 m
- Single family units authorized23
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$197,804
- Units authorized per 1,000 households3.5
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.
Vermillion County
SBA loans in Vermillion County (7(a) and 504)
- 7(a) approvals recorded3
- 7(a) gross approval dollars$328,000
- Average 7(a) approval$109,333
- Median 7(a) approval$150,000
- Largest single approval$168,000
- Jobs reported supported, 7(a)10
- Jobs per approval3.3
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer33.3 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter2
- Franchise loans0
- Franchise share of approvals0.0 percent
- 504 approvals recorded1
- 504 gross approval dollars$726,000
- Average 504 approval$726,000
- Median 504 approval$726,000
- Distinct CDCs active1
- 504 jobs per approval40.0
- 504 jobs per million dollars approved55.1
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$1.1 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.
Vermillion County
SBA loan default and charge-off rates in Vermillion County
Do SBA loans in Vermillion County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure3
Only 0 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.
Vermillion County
SBA lending by place in Vermillion County
- Borrower cities with recorded lending2
- Clinton, approvals2
- Dana, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Clinton | 2 | $318,000 |
| Dana | 1 | $10,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Vermillion County
How large is Vermillion County?
- Land area257 sq mi
- Rank by land area among Indiana counties84th of 92
- Width, east to west9.5 mi
- Height, north to south37.3 mi
- Geographies sharing a boundary6
- Residents per square mile of land60
- Establishments per square mile1.04
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.
Vermillion County
Flood risk in Vermillion County
- Participation of the county's own NFIP community Vermillion County, unincorporated areasParticipating, community 180449
- Communities in the county in the NFIP Community Status Book6
- Of those, participating in the NFIP4
- NFIP participation rate66.7 percent
- Communities carrying a CRS class0
- Radon levels in Vermillion 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 Vermillion County (community 180449), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Vermillion 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. 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 Vermillion 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 Vermillion County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202415,421
- Households6,594
- Average household size2.34
- Median household income$60,200
- Median age42.7
Common questions
Vermillion County questions, answered from the record.
How many people live in Vermillion County, Indiana?
The Census Bureau estimates 15,516 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 15,421, in 6,594 households, ranking 80th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Vermillion County's population growing?
The population has grown 0.53 percent since the 2020 census base of 15,434, to 15,516 on July 1, 2024. In 2024 there were 144 births against 198 deaths, with net migration of 211. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Vermillion County?
$60,200. The median owner-occupied home is valued at $113,100, which is 1.9 times income, and median gross rent is $750 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Vermillion County?
268 establishments, employing 3,921 people with an annual payroll of $267.7 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 Vermillion County?
Manufacturing is the largest private sector at 722 jobs, 16.8 percent of covered employment. Covered employment averages 4,289 jobs at an average annual pay of $58,444, or $1,124 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Vermillion County?
3 7(a) approvals totaling $328,000 since FY2020, across 3 lenders, with a median approval of $150,000, plus 1 504 approvals worth $726,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Vermillion County?
23 housing units were authorized by permit in 2024, with a declared construction value of $4.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Vermillion 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 Vermillion County come from?
The largest single origin is Vigo County, with 102 households. Arriving households report an average income of $44,096 against $50,757 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Vermillion 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 Vermillion 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.
Vermillion County
Cities and places in Vermillion.
12 Census places lie wholly or partly in Vermillion County. All 12 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 |
|---|---|---|---|---|
| Clinton | city | 4,794 | 2 | Wholly in this county |
| Fairview Park | town | 1,470 | None recorded | Wholly in this county |
| Cayuga | town | 1,064 | None recorded | Wholly in this county |
| Dana | town | 652 | 1 | Wholly in this county |
| Perrysville | town | 607 | None recorded | Wholly in this county |
| St. Bernice | CDP | 554 | None recorded | Wholly in this county |
| Newport | town | 330 | None recorded | Wholly in this county |
| Blanford | CDP | 281 | None recorded | Wholly in this county |
| Hillsdale | CDP | 237 | None recorded | Wholly in this county |
| Universal | town | 173 | None recorded | Wholly in this county |
| Eugene | CDP | 170 | None recorded | Wholly in this county |
| Centenary | CDP | 60 | None recorded | Wholly in this county |
Nearby