89 / 100

Grant County, IN

RANK #106 / 996  ·  POP 66,560  ·  IN

PROJECTED GROWTH: +2.8%

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

[01] Why Grant County?

Fairmount, a town within Grant County, Indiana, is notably the hometown of actor James Dean and cartoonist Jim Davis, creator of Garfield. The town embraces this heritage with museums dedicated to both figures and an annual James Dean Festival. Located in central Indiana, Grant County is approximately 90 minutes north of Indianapolis and less than an hour southwest of Fort Wayne. The community offers a blend of small-town atmosphere with access to larger city amenities. The Mississinewa River flows through the county, and outdoor recreation opportunities include the Mississinewa Riverwalk in Marion and access to the Cardinal Greenway, a long rail-trail. Life in Grant County is characterized by a focus on community and affordability. The county is home to several public school corporations, including Eastbrook, Madison-Grant, Marion, Mississinewa, and Oak Hill, as well as higher education institutions like Indiana Wesleyan University and Taylor University. Economically, the county has seen recent investment across various sectors. This includes revitalization projects in downtown areas and efforts to support local businesses and workforce development.

[02] Market Snapshot

Housing Ratio
2.9x

Undervalued relative to economy

GDP Growth
+0.5%

Well below national median

Home Prices
+3.7%

Outpacing national median

Climate & Terrain
-3.5

Harsh climate or flat terrain

Price/Rent
12x

Strong rental yield

Housing looks undervalued at 2.9x — 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

Grant County U.S. National

The Numbers

DEMOGRAPHICS
Population
66,560
-0.36% YoY
Median Household Income
$53,033
Median Home Value
$109,300
+3.7% 12mo
Median Rent
$774
Average Annual Pay
$50,883
+3.7% YoY
Employment
27,333
+1.4% YoY
Income-to-Home-Value
0.4852
More affordable than average
Migration Inflow
3.54%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$159,900
Days on Market
44
Moderate pace
Months of Supply
3.8
Balanced market
Sale-to-List Ratio
95.6%
Negotiation room for buyers
Sold Above List
17.1%
Listings w/ Price Drops
24.7%
Building Permits (2024)
52
Single-Family Permits
44

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

[05] Capital Investment

$423M
TOTAL
PROJECT AMOUNT STATUS
Alliant Energy Solar Project and Battery Energy Storage System
Alliant Energy
$300M Operating
Redfield Solar Project
Treaty Oak Clean Energy
$123M Under Construction

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

[06] Score Breakdown

GDP Growth +0.5% 11 percentile
Population Growth -0.4% 14 percentile
Income Growth +6.0% 8 percentile
Vacancy Rate 1.6% 21 percentile
Home Price Change +3.7% 79 percentile
Price/Rent 12x 70 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Grant County has a Boom Town Index score of 89/100, ranking #106 among 996 U.S. counties. With job growth at +1.4% and a median household income of $53,033, it's an above-average county on economic indicators.

Is Grant County affordable?

The median home value in Grant County is $109,300 with median rent at $774/month. The income-to-home-value ratio is 0.4852, which is more affordable than the national average.

Is Grant County growing or shrinking?

Population growth: -0.4% year-over-year. Job growth: +1.4%. Home values changed +3.7% in the past 12 months.

Are people moving to Grant County?

Yes — 3.54% of Grant County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Newton County, MO 99 Dodge County, WI 99 Cole County, MO 99 Marathon County, WI 99 Mahoning County, OH 99 Isabella County, MI 99 Portage County, WI 99 Cabell County, WV 99