Wayne County, Indiana: commercial real estate data.
Wayne County, Indiana had an estimated 66,410 residents on July 1, 2024, down 0.2 percent since the 2020 census base of 66,544, across 402 square miles. County output reached $3.81 bn in 2024, 1,453 establishments operate here, and the SBA record carries 30 7(a) approvals worth $24.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Wayne County
How many people live in Wayne County
- Population, American Community Survey 2020-202466,397
- Households26,975
- Average household size2.46
- Median household income$55,692
- Median age41.0
- Median gross rent$815 per month
- Median owner-occupied home value$140,200
- Home value to household income2.5 times
- Annual rent as a share of median income17.6 percent
- Adults 25 and over with a bachelor degree or higher20.4 percent
- Adults 25 and over with a graduate degree7.7 percent
- Adults 25 and over45,348
- Population under 1815,017
- Share under 1822.6 percent
- Population 65 and over13,101
- Share 65 and over19.7 percent
- Working age population, 18 to 6438,279
- Civilian labor force31,085
- Unemployment rate5.4 percent
- Labor force participation, adults 18 and over60.5 percent
- Rank by population among Indiana counties25th of 92
- Rank by population among US county-equivalents, Puerto Rico included825th of 3,222
Wayne County is the 25th largest of 92 Indiana counties by population. A median home costs 2.5 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 22.6 percent against 19.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Wayne County
Is Wayne County's population growing?
- Population, July 1, 202466,410
- Census 2020 base population66,544
- Population change since the 2020 census base-0.20 percent
- Population change, 2023 to 2024137
- Births, 2024711
- Deaths, 2024933
- Natural change, 2024-222
- Net domestic migration, 2024197
- Net international migration, 2024164
- Total net migration, 2024361
- Cumulative net domestic migration, 2021 to 2024424
- Rank by growth among US county-equivalents1913th of 3,144
The county has lost 0.20 percent of its population 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.
Wayne County
Where are people moving to Wayne County from?
- Tax returns filed by households arriving1,214
- People arriving, from those returns2,251
- Tax returns filed by households leaving1,305
- Net household movement-91
- Adjusted gross income arriving$56.0 m
- Net adjusted gross income movement$-27.7 m
- Average income of an arriving household$46,160
- Average income of a leaving household$64,188
- Largest single originHenry County (92 households)
- Largest single destinationFayette County (86 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Henry County | 92 | 188 | $4.2 m |
| Fayette County | 86 | 163 | $3.5 m |
| Preble County | 76 | 134 | $2.8 m |
| Marion County | 69 | 125 | $2.9 m |
| Randolph County | 48 | 78 | $2.1 m |
| Montgomery County | 46 | 95 | $1.8 m |
| Union County | 34 | 73 | $1.7 m |
| Butler County | 30 | 51 | $1.9 m |
Households arriving report $18,028 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Henry 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.
Wayne County
What is the Wayne County economy?
- County GDP, 2024$3.81 bn
- County GDP, 2023$3.69 bn
- GDP change, 2023 to 20243.3 percent
- GDP change over five years32.0 percent
- Rank by GDP among the Indiana areas BEA publishes27th of 92
- Rank by GDP among the US county areas BEA publishes844th of 3,127
- GDP per resident$57,451
Output grew 3.3 percent in the latest year and 32.0 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.
Wayne County
Employment by industry in Wayne County
- Covered employment, annual average29,736
- Establishments reporting1,496
- Average annual pay$51,067
- Average weekly wage$982
- Health care and social assistance, employment6,305
- Health care and social assistance, average annual pay$65,052
- Manufacturing, employment5,810
- Manufacturing, average annual pay$61,282
- Retail trade, employment3,375
- Retail trade, average annual pay$32,874
- Accommodation and food services, employment2,884
- Accommodation and food services, average annual pay$21,318
- Administrative and support and waste management services, employment1,031
- Construction, employment975
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 6,305 | 156 | $65,052 |
| Manufacturing | 5,810 | 108 | $61,282 |
| Retail trade | 3,375 | 247 | $32,874 |
| Accommodation and food services | 2,884 | 144 | $21,318 |
| Administrative and support and waste management services | 1,031 | 82 | $37,629 |
| Construction | 975 | 116 | $55,864 |
| Finance and insurance | 783 | 101 | $69,029 |
| Transportation and warehousing | 767 | 44 | $66,128 |
Health care and social assistance is the largest private sector at 6,305 jobs, 21.2 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Wayne County
How many businesses are in Wayne County?
- Establishments, all industries1,453
- Employment at those establishments25,774
- Annual payroll$1.32 bn
- Establishments per 1,000 residents21.9
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.
Wayne County
Building permits in Wayne County
- Housing units authorized by permit, 202445
- Declared construction value permitted$11.8 m
- Single family units authorized41
- Multifamily units authorized4
- Multifamily share of units8.9 percent
- Average declared value per unit$261,429
- Units authorized per 1,000 households1.7
Single-family homes are 91.1 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Wayne County
SBA loans in Wayne County (7(a) and 504)
- 7(a) approvals recorded30
- 7(a) gross approval dollars$24.3 m
- Average 7(a) approval$808,990
- Median 7(a) approval$285,000
- 10th percentile approval$14,500
- 90th percentile approval$2,168,100
- Largest single approval$4,932,000
- Jobs reported supported, 7(a)344
- Jobs per approval11.5
- Distinct 7(a) lenders active15
- Distinct industries receiving approvals20
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer23.3 percent
- Loans on real estate terms7
- Loans on working capital terms, 120 months or shorter21
- Franchise loans7
- Franchise share of approvals23.3 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (5)
- Most active lenderU.S. Bank, National Association (8)
- 504 approvals recorded16
- 504 gross approval dollars$5.4 m
- Average 504 approval$337,875
- Median 504 approval$286,000
- Distinct CDCs active2
- 504 jobs per approval13.2
- 504 jobs per million dollars approved39.0
- Most active CDCIndiana Statewide Certified Development Corporation (15)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$29.7 m
The average approval of $808,990 sits well above the median of $285,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 23.3 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.
Wayne County
SBA loan default and charge-off rates in Wayne County
Do SBA loans in Wayne County get paid back?
- Loans with a final outcome recorded8
- Paid in full8
- Charged off0
- Status: Paid in full8
- Status: Cancelled3
- Status: Exempt from disclosure14
- Status: Committed, not yet disbursed5
Only 8 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.
Wayne County
SBA lending by place in Wayne County
- Borrower cities with recorded lending4
- Richmond, approvals25
- Hagerstown, approvals3
- Centerville, approvals1
- Cambridge City, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Richmond | 25 | $22,899,700 |
| Hagerstown | 3 | $45,000 |
| Centerville | 1 | $1,200,000 |
| Cambridge City | 1 | $125,000 |
Richmond accounts for 25 approvals against 3 in Hagerstown. 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.
Wayne County
How large is Wayne County?
- Land area402 sq mi
- Rank by land area among Indiana counties43rd of 92
- Width, east to west21.8 mi
- Height, north to south20 mi
- Geographies sharing a boundary6
- Residents per square mile of land165
- Establishments per square mile3.61
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.
Wayne County
Flood risk in Wayne County
- Participation of the county's own NFIP community Wayne County, unincorporated areasParticipating, community 180280
- Communities in the county in the NFIP Community Status Book11
- Of those, participating in the NFIP10
- NFIP participation rate90.9 percent
- Communities carrying a CRS class0
- Radon levels in Wayne 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 Wayne County (community 180280), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Wayne 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. 90.9 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 Wayne 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 Wayne County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202466,397
- Households26,975
- Average household size2.46
- Median household income$55,692
- Median age41.0
Common questions
Wayne County questions, answered from the record.
How many people live in Wayne County, Indiana?
The Census Bureau estimates 66,410 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 66,397, in 26,975 households, ranking 25th of 92 Indiana counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Wayne County's population growing?
The population has fallen 0.20 percent since the 2020 census base of 66,544, to 66,410 on July 1, 2024. In 2024 there were 711 births against 933 deaths, with net migration of 361. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Wayne County?
$55,692. The median owner-occupied home is valued at $140,200, which is 2.5 times income, and median gross rent is $815 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Wayne County?
1,453 establishments, employing 25,774 people with an annual payroll of $1.32 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 Wayne County?
Health care and social assistance is the largest private sector at 6,305 jobs, 21.2 percent of covered employment. Covered employment averages 29,736 jobs at an average annual pay of $51,067, or $982 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Wayne County?
30 7(a) approvals totaling $24.3 m since FY2020, across 15 lenders, with a median approval of $285,000, plus 16 504 approvals worth $5.4 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Wayne County?
45 housing units were authorized by permit in 2024, with a declared construction value of $11.8 m. Multifamily was 8.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Wayne 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 Wayne County come from?
The largest single origin is Henry County, with 92 households. Arriving households report an average income of $46,160 against $64,188 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Wayne 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 Wayne 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.
Wayne County
Cities and places in Wayne.
17 Census places lie wholly or partly in Wayne County. All 17 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 |
|---|---|---|---|---|
| Richmond | city | 35,581 | 25 | Wholly in this county |
| Centerville | town | 2,772 | 1 | Wholly in this county |
| Cambridge City | town | 1,657 | 1 | Wholly in this county |
| Hagerstown | town | 1,642 | 3 | Wholly in this county |
| Dublin | town | 870 | None recorded | Wholly in this county |
| Fountain City | town | 702 | None recorded | Wholly in this county |
| Williamsburg | CDP | 510 | None recorded | Wholly in this county |
| Spring Grove | town | 464 | None recorded | Wholly in this county |
| Greens Fork | town | 436 | None recorded | Wholly in this county |
| Milton | town | 323 | None recorded | Wholly in this county |
| Boston | town | 246 | None recorded | Wholly in this county |
| East Germantown | town | 229 | None recorded | Wholly in this county |
| Abington | CDP | 175 | None recorded | Wholly in this county |
| Economy | town | 144 | None recorded | Wholly in this county |
| Webster | CDP | 132 | None recorded | Wholly in this county |
| Mount Auburn | town | 88 | None recorded | Wholly in this county |
| Whitewater | town | 74 | None recorded | Wholly in this county |
Nearby