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Warrick County, IN

Ohio

RANK #164 / 996 NAT  ·  #9 / 28 IN  ·  POP 64,065

1YR FORECAST: +2.8%

5YR OUTLOOK: +33%

Our model projects Warrick County's housing market to grow +2.8% over the next year, significantly outpacing the national average.

[01] Why Warrick County?

Newburgh, a historic town along the Ohio River, offers a distinctive entry point to Warrick County, Indiana. Located in the southwestern part of the state, the county is part of the Evansville metropolitan area. Commutes to Evansville are common, with major highways like 62 and 66 providing access. The community feel across towns like Boonville, Chandler, and Newburgh is often described as family-friendly. Residents have access to outdoor recreation at places like Scales Lake Park, Friedman Park, and the Interlake State Recreation Area, offering activities from hiking and fishing to off-road vehicle trails. The Warrick Trails system further connects neighborhoods, schools, and parks for walking and cycling.

Life in Warrick County is characterized by highly-rated public schools, a factor often cited by families considering a move. The county has seen consistent population growth, attracting families and young professionals. The economy is experiencing development in commercial and residential sectors, with new mixed-use projects underway. There is also investment in data centers and energy-related industries. The Warrick Area Transit System (WATS) provides bus services within the county, connecting its towns and linking to the broader Evansville transportation network.

[02] Market Snapshot

Housing Ratio
5.2x

Above national median (4.7x)

GDP Growth
+0.9%

Well below national median

Home Prices
+4.6%

Outpacing national median

Climate & Terrain
-1.8

Below-average climate & terrain

Price/Rent
13x

Below national median (13x)

Housing is fairly valued at 5.2x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Deaconess Health System Healthcare
    10,000+
  2. 2
    Alcoa Warrick Operations Manufacturing
    1,000+
  3. 3
    Women's Hospital Healthcare
  4. 4
    Walmart Supercenter (Newburgh) Retail
  5. 5
    Walmart Supercenter (Boonville) Retail
  6. 6
    Encompass Health Deaconess Healthcare
  7. 7
    Deaconess Clinic II Healthcare
  8. 8
    Newburgh Health Care Healthcare
  9. 9
    Schnucks Retail

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

[04] Home Value Growth vs National

Warrick County U.S. National

The Numbers

DEMOGRAPHICS
Population
64,065
+0.77% YoY
Median Household Income
$91,105
Median Home Value
$215,600
+4.59% 12mo
Median Rent
$964
Average Annual Pay
$59,237
+5.2% YoY
Employment
18,096
+4.2% YoY
Income-to-Home-Value
0.4226
More affordable than average
Migration Inflow
3.2%
of pop. from another state
Bachelor's Degree+
34.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$345,000
Days on Market
57
Moderate pace
Months of Supply
3.1
Balanced market
Sale-to-List Ratio
98.2%
Near asking price
Sold Above List
17.6%
Listings w/ Price Drops
30.8%
Building Permits (2024)
251
Single-Family Permits
239

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

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.2
per 100K · nat avg 6.3
Firearm Fatalities
11.9
per 100K · nat avg 14.8
Injury Deaths
75.7
per 100K · nat avg 76.3
vs National Average
Below 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] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
36.7
Good
Good Air Days
89%
974 of 1,095 days
Unhealthy+ Days (3yr)
9
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
35
2022
37
2023
38
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$892M
TOTAL
PROJECT AMOUNT STATUS
Sourecolo Data Center
Sourecolo
$500M Proposed
Rustic Hills Solar I
Clēnera / Hoosier Energy
$120M Planned
Rustic Hills Solar II
Clēnera / CenterPoint Energy South
$100M Planned
The Dominion Mixed-Use Development (Phase 1)
Scion Real Estate Development
$72M Planned
County-wide Advanced Fiber Network (Fiber Backbone Project)
Mainstream Fiber Networks
$50M Under Construction
Broadband Network Expansion (RDOF)
Spectrum
$50M Under Construction

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

[08] Score Breakdown

GDP Growth +0.9% 16 percentile
Population Growth +0.8% 63 percentile
Income Growth +6.4% 11 percentile
Vacancy Rate 0.5% 94 percentile
Home Price Change +4.6% 87 percentile
Rent Growth +5.4% 83 percentile
Price/Rent 13x 51 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

Warrick County ranks #164 out of 996 U.S. counties on the Boom Town Index with a score of 84/100, putting it in the top tier nationally. Job growth of +4.2% and a median household income of $91,105 point to a county with active economic momentum.

Is Warrick County affordable?

By national standards, Warrick County is quite affordable. Homes here have a median value of $215,600, and the income-to-home-value ratio of 0.42 is well above the U.S. average — especially with median rent at just $964/month. Residents can generally buy a home without being cost-burdened.

Is Warrick County growing or shrinking?

Warrick County is growing on multiple fronts. Population is up +0.8% year-over-year while employers added jobs at a +4.2% clip — and home values reflect that momentum, rising +4.6% over the past 12 months.

Are people moving to Warrick County?

There's a moderate stream of newcomers. About 3.2% of residents moved from another state, which is above average and suggests Warrick County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Grant County, IN 85 LaPorte County, IN 82 St. Joseph County, IN 82 Hancock County, IN 80 Vanderburgh County, IN 90 Madison County, IN 91 Salem County, NJ 84 St. Joseph County, MI 84