Groundwork

Real estate · Metro area · Indiana

Real estate businesses in the Evansville, IN metro area

How the Evansville, IN metro area compares with other metro areas and the U.S. for real estate businesses: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 49 out of 100: Lower middle

Ranked #186 of 387 scored metro areas
#6 of 12 scored metro areas based in Indiana

Listings
274
12 chain locations (4%)
Official establishments
183
+14.0% since 2019
Household spending a year
$1.6B
On rent and homeowner costs · $13,607 a household
Housing spending per listing (U.S. = 100)
131
31% above the U.S.
Listings per 10k households
24.0
38% below the U.S.
Population, 2025
273,786
+1.6% since 2020

See the real estate businesses around any address in the Evansville metro area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Evansville metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

As of September 2026, map listings count 274 real estate businesses in the Evansville metro area. 12 of them (4%) are chain locations, against 6% across the U.S. That is 24.0 per 10,000 households, 38% below the U.S. rate of 38.5.

Household spending on rent and homeowner costs in the Evansville metro area comes to about $1.6B a year: $13,607 per household, 18% below the U.S. average. Housing spending per office is 31% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

The official count of businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in the Evansville metro area was 183 in 2023, up 14.0% from 2019. That is one for every 623 households, against one for every 414 across the U.S. Official counts also show 805 one-person businesses without payroll. Since fiscal 2022, 4 SBA-backed loans worth $133K have gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Evansville metro area.

Population estimates show the Evansville metro area grew 1.6% from 2020 to 2025, slower than the U.S. (+3.1%). For real estate businesses, the Evansville metro area has a Groundwork market score of 49 (lower middle): #186 of 387 scored metro areas and #6 of 12 scored metro areas based in Indiana.

How the Evansville metro area compares

The same measures for Indiana and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Evansville, IN metro area compared with Indiana and the U.S.
MeasureEvansville metro areaIndianaU.S.
Listings per 10k households24.028.438.5
Housing spending per listing (U.S. = 100)131112100
Households per official establishment623589414
Official establishment growth, 2019–2023+14.0%+17.5%+15.8%
Population growth, 2020–2025+1.6%+2.7%+3.1%
Spending per household on rent and homeowner costs$13,607$13,818$16,661
Median household income$68,232$71,957$80,734
Groundwork market score4951

Official counts and lending

Businesses

Official establishments, 2019 to 2023
183+14.0% over the period
Employees, 2023
677
Annual payroll, 2023
$37.5M
One-person businesses, 2023
805Businesses with no payroll
Map listings, September 2026
27412 chain locations
Listings at the U.S. rate for this spending
358The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
4
Amount
$133K

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Evansville metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Evansville metro area

Population, 2025 estimate
273,786+1.6% since 2020
Households
113,966
Median age
40.6
Homes lived in by their owners
70%
Vehicles per household
1.8
Land area
1,027 sq. mi.
People per square mile
263
Median household income
$68,232
Average household income
$93,981
Median home value
$204,000
Jobs located here
134,954
Daytime population
275,710Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Evansville metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Evansville metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across Indiana

Every Indiana market ranked →

The highest-scoring metro areas in Indiana for real estate businesses, numbered among those based in Indiana (a market based in another state is listed without a number), with the Evansville metro area marked.

Top metro areas in Indiana

Metro areas in Indiana ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Terre Haute, IN6210115.0194+0.3%#74 of 387
2Kokomo, IN577521.1143+0.4%#114 of 387
3Michigan City-La Porte, IN5510123.1135−0.9%#129 of 387
4Elkhart-Goshen, IN5217724.5128+0.9%#160 of 387
Cincinnati, OH-KY-IN522,69629.7115+2.7%#163 of 387
5South Bend-Mishawaka, IN-MI5130423.7132+0.1%#171 of 387
6Evansville, IN4927424.0131+1.6%#186 of 387
7Muncie, IN4610322.3129+1.2%#220 of 387
8Columbus, IN4611634.895+4.3%#230 of 387
Louisville/Jefferson County, KY-IN411,99435.796+2.9%#272 of 387

Other business types in the Evansville metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Evansville, IN metro area?

The Evansville metro area has 274 real estate businesses on map listings as of September 2026. 12 of them (4%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 183 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 14.0% from 2019. Another 805 one-person businesses have no payroll, by official counts.

How much do households in the Evansville, IN metro area spend on rent and homeowner costs?

About $1.6B a year, or $13,607 per household. That is 18% below the U.S. average (an index of 82, where 100 is the U.S. average). For the 274 real estate businesses on map listings, housing spending per office is 31% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 113,966 households in the Evansville metro area and national spending patterns by income.

How does the Evansville, IN metro area compare with the U.S. for real estate businesses?

The Evansville metro area has 24.0 real estate businesses per 10,000 households, 38% below the U.S. rate of 38.5. The index of housing spending per office is 131, where 100 is the U.S. At the national ratio of real estate businesses to household spending, the Evansville metro area would have about 358, against 274 on map listings. There is one business with payroll in the industry for every 623 households, against one for every 414 across the U.S. The official count rose 14.0% from 2019 to 2023, against +15.8% for the U.S.

How fast is the Evansville, IN metro area growing?

Population estimates put the Evansville metro area at 273,786 people in 2025, up 1.6% since 2020, slower than the U.S. (+3.1%). It has 113,966 households. The median household income in the Evansville metro area is $68,232 a year, 15% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Evansville metro area scores 49 for real estate businesses (lower middle), #186 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Evansville metro area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Evansville metro area

Screening a site or an acquisition in the Evansville metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Evansville metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.