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Grant County, IN

Center

RANK #146 / 996 NAT  ·  #8 / 28 IN  ·  POP 66,560

1YR FORECAST: +3.3%

5YR OUTLOOK: +34%

#16 Most Affordable
Our model projects Grant County's housing market to grow +3.3% over the next year, significantly outpacing the national average.

[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] Top Employers

  1. 1
    Indiana Wesleyan University Education
    1,000+
  2. 2
    Walmart Distribution Center Logistics
    500+
  3. 3
    General Motors Marion Metal Manufacturing
  4. 4
    Marion Health Healthcare
  5. 5
    Dollar General Distribution Center Logistics
  6. 6
    American Woodmark Corp Manufacturing
  7. 7
    VA Northern Indiana Health Care System Healthcare
  8. 8
    Dunham's Sports Distribution Logistics
  9. 9
    Hartson-Kennedy Cabinet Top Co. Manufacturing
  10. 10
    Marion Community Schools Education

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
18.4%
of residents (national avg: 33%)

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] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
7.6
per 100K · nat avg 6.3
Firearm Fatalities
19.4
per 100K · nat avg 14.8
Injury Deaths
124.2
per 100K · nat avg 76.3
vs National Average
Above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] 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.

[07] 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.

[08] Frequently Asked Questions

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

Grant County ranks #146 out of 996 U.S. counties on the Boom Town Index with a score of 85/100, putting it in the top tier nationally. Job growth of +1.4% and a median household income of $53,033 point to a county with active economic momentum.

Is Grant County affordable?

By national standards, Grant County is quite affordable. Homes here have a median value of $109,300, and the income-to-home-value ratio of 0.49 is well above the U.S. average — especially with median rent at just $774/month. Residents can generally buy a home without being cost-burdened.

Is Grant County growing or shrinking?

Employers in Grant County are hiring — job growth of +1.4% — but the population is close to flat (-0.4% YoY). Home values moved +3.7% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Grant County?

There's a moderate stream of newcomers. About 3.54% of residents moved from another state, which is above average and suggests Grant County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Warrick County, IN 84 LaPorte County, IN 82 St. Joseph County, IN 82 Vanderburgh County, IN 90 Hancock County, IN 80 Madison County, IN 91 Scioto County, OH 85 Cullman County, AL 85