81 / 100

Vanderburgh County, IN

RANK #188 / 996  ·  POP 179,900  ·  IN

PROJECTED GROWTH: +2.1%

Vanderburgh County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Vanderburgh County?

Vanderburgh County, Indiana, is home to Evansville, which features Bosse Field, the third-oldest ballpark used for professional baseball in the United States. Only Boston's Fenway Park and Chicago's Wrigley Field are older. Located in southwestern Indiana, Vanderburgh County is the state's eighth-smallest county by area, covering 236 square miles. The county seat, Evansville, sits on the Ohio River. Commuting within the county is generally efficient, with an average travel time of under 20 minutes. The Metropolitan Evansville Transit System (METS) provides fixed-route bus service and an on-demand rideshare option. The community offers access to outdoor recreation, including Wesselman Woods Nature Preserve, a large urban old-growth forest with nearly six miles of trails.

Vanderburgh County's quality of life is shaped by its community atmosphere and access to amenities. The Evansville Vanderburgh School Corporation serves the county with public schools that are rated above average. The local economy is diverse, with a strong manufacturing base and a growing presence in the medical and finance sectors. Recent economic developments include strategic investments in infrastructure and job creation across the region. These efforts aim to enhance the quality of life for residents and attract new businesses. The area is seeing growth in high-income households, contributing to a shifting economic landscape.

[02] Market Snapshot

Housing Ratio
2.4x

Undervalued relative to economy

GDP Growth
+2.2%

Below national median

Home Prices
+3.5%

Outpacing national median

Climate & Terrain
-2.5

Below-average climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 2.4x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Vanderburgh County U.S. National

The Numbers

DEMOGRAPHICS
Population
179,900
+0.11% YoY
Median Household Income
$58,839
Median Home Value
$162,800
+3.52% 12mo
Median Rent
$930
Average Annual Pay
$57,061
+4.1% YoY
Employment
107,139
-0.5% YoY
Income-to-Home-Value
0.3614
More affordable than average
Migration Inflow
4.71%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$209,000
Days on Market
42
Moderate pace
Months of Supply
2.3
Seller's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
16.9%
Listings w/ Price Drops
26.6%
Building Permits (2024)
416
Single-Family Permits
358

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,685M
TOTAL
PROJECT AMOUNT STATUS
I-69 Ohio River Crossing
State of Indiana (INDOT)
$1,140M Under Construction
Elliot BESS (Battery Energy Storage System)
RWE Americas
$300M Proposed
Bluegrass Creek Solar Project
Orion Renewable Energy Group
$200M Proposed
Southwest Indiana READI 2.0 Grant Funding
Southwest Indiana Regional Development Authority
$45M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.2% 40 percentile
Population Growth +0.1% 34 percentile
Income Growth +8.9% 60 percentile
Vacancy Rate 1.7% 16 percentile
Home Price Change +3.5% 77 percentile
Rent Growth +7.5% 92 percentile
Price/Rent 13x 51 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Vanderburgh County, IN a good place to move to?

Vanderburgh County has a Boom Town Index score of 81/100, ranking #188 among 996 U.S. counties. With job growth at -0.5% and a median household income of $58,839, it's an above-average county on economic indicators.

Is Vanderburgh County affordable?

The median home value in Vanderburgh County is $162,800 with median rent at $930/month. The income-to-home-value ratio is 0.3614, which is more affordable than the national average.

Is Vanderburgh County growing or shrinking?

Population growth: +0.1% year-over-year. Job growth: -0.5%. Home values changed +3.5% in the past 12 months.

Are people moving to Vanderburgh County?

Yes — 4.71% of Vanderburgh County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Pulaski County, MO 91 Stanly County, NC 91 Waukesha County, WI 91 Jefferson County, MO 91 Burleigh County, ND 91 Ozaukee County, WI 91 Dearborn County, IN 91 Imperial County, CA 91