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Warrick County, IN

RANK #319 / 1001 NAT  ·  #13 / 28 IN  ·  POP 65,261

1YR FORECAST: +3.1%

5YR OUTLOOK: +31%

Our model projects above-average housing market growth for Warrick County at +3.1% over the next year.

[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.

MARKET PROFILE

Idiosyncratic Markets

Warrick County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +5.0% YoY, population +0.9%, wages +4.9%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
14.0x

Overvalued relative to economy

Home Prices
+5.0%

Outpacing national median

Climate & Terrain
-1.8

Below-average climate & terrain

Price/Rent
13x

Below national median (15x)

Housing looks overvalued at 14.0x — home prices are high 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

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
65,261
+0.95% YoY
Median Household Income
$89,844
Median Home Value
$242,500
+4.98% 12mo
Median Rent
$1,061
Average Annual Pay
$62,152
+4.9% YoY
Employment
18,136
+0.2% YoY
Income-to-Home-Value
0.3705
More affordable than average
Migration Inflow
3.84%
of pop. from another state
Bachelor's Degree+
35.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$320,000
Days on Market
19
Very hot — homes selling fast
Months of Supply
2.4
Seller's market
Sale-to-List Ratio
98.5%
Near asking price
Sold Above List
23.9%
Listings w/ Price Drops
42.9%
Building Permits (2025)
343
Single-Family Permits
190

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

Population Growth +0.9% 65 percentile
Vacancy Rate 0.4% 97 percentile
Home Price Change +5.0% 86 percentile
Rent Growth +9.2% 96 percentile
Price/Rent 13x 74 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 68/100, Warrick County sits in the upper half of all 1001 ranked counties. and median household income stands at $89,844 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in IN.

Is Warrick County affordable?

By national standards, Warrick County is quite affordable. Homes here have a median value of $242,500, and the income-to-home-value ratio of 0.37 is well above the U.S. average — especially with median rent at just $1,061/month. Residents can generally buy a home without being cost-burdened.

Is Warrick County growing or shrinking?

Warrick County's population is growing — up +0.9% YoY — while the job market is roughly flat (employment change of +0.2%). Home values shifted +5.0% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Warrick County?

There's a moderate stream of newcomers. About 3.84% 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

Dearborn County, IN 64 Vigo County, IN 74 Howard County, IN 62 Porter County, IN 60 Floyd County, IN 81 Grant County, IN 85 Riley County, KS 68 Watauga County, NC 68