64 / 100

Vigo County, IN

RANK #360 / 996  ·  POP 106,355  ·  IN

PROJECTED GROWTH: +1.3%

Vigo County's economy is holding up, but population decline raises questions about long-term trajectory.

[01] Why Vigo County?

Vigo County, Indiana, is often recognized for Terre Haute's nickname, "The Crossroads of America," stemming from the intersection of U.S. Highways 40 and 41. This western Indiana county, with Terre Haute as its seat, sits along the Wabash River, approximately 75 miles west of Indianapolis. The community offers extensive outdoor recreation, boasting more parks per capita than any other city in Indiana, including places like Griffin Bike Park, Fowler Park, and the Wabashiki Fish and Wildlife Area, which provide opportunities for hiking, kayaking, and birdwatching. The overall feel is one of a smaller city with a focus on local amenities and a manageable average commute time of around 20 minutes.

Life in Vigo County is shaped by its educational institutions, including Indiana State University and Rose-Hulman Institute of Technology, which contribute to the local workforce and rental market. The economy is driven by sectors such as healthcare, manufacturing, and logistics, with major employers including Union Health and the Vigo County School Corporation. While the county faces challenges in health rankings and poverty rates, efforts are underway to improve public safety and quality of life, with a focus on enhancing schools and attracting new businesses. The area's affordability and community-oriented atmosphere appeal to families and young professionals.

[02] Market Snapshot

Housing Ratio
2.7x

Undervalued relative to economy

GDP Growth
+3.5%

Above national median

Home Prices
+0.2%

Well below national median

Climate & Terrain
-2.1

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing looks undervalued at 2.7x — 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

Vigo County U.S. National

The Numbers

DEMOGRAPHICS
Population
106,355
-0.16% YoY
Median Household Income
$52,789
Median Home Value
$130,300
+0.19% 12mo
Median Rent
$853
Average Annual Pay
$53,152
+3.7% YoY
Employment
46,144
+1.3% YoY
Income-to-Home-Value
0.4051
More affordable than average
Migration Inflow
5.15%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$179,000
Days on Market
30
Active market
Months of Supply
3.3
Balanced market
Sale-to-List Ratio
98.2%
Near asking price
Sold Above List
15.2%
Listings w/ Price Drops
25.1%
Building Permits (2024)
98
Single-Family Permits
98

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

[06] Score Breakdown

GDP Growth +3.5% 66 percentile
Population Growth -0.2% 22 percentile
Income Growth +8.7% 56 percentile
Vacancy Rate 1.4% 28 percentile
Home Price Change +0.2% 33 percentile
Rent Growth +4.6% 75 percentile
Price/Rent 11x 80 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Vigo County has a Boom Town Index score of 64/100, ranking #360 among 996 U.S. counties. With job growth at +1.3% and a median household income of $52,789, it's an above-average county on economic indicators.

Is Vigo County affordable?

The median home value in Vigo County is $130,300 with median rent at $853/month. The income-to-home-value ratio is 0.4051, which is more affordable than the national average.

Is Vigo County growing or shrinking?

Population growth: -0.2% year-over-year. Job growth: +1.3%. Home values changed +0.2% in the past 12 months.

Are people moving to Vigo County?

Yes — 5.15% of Vigo County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Wayne County, OH 74 Franklin County, MO 74 Nye County, NV 74 Erie County, OH 74 Schuylkill County, PA 74 St. Clair County, IL 74 Elkhart County, IN 74 Linn County, IA 74