ExecutivePulse
Official Federal Data

Elkhart County, Indiana

FIPS 18039 · Elkhart-Goshen, IN · Population 207,132
9 Sources Updated June 22, 2026
$68,561
Median Income
$80,734 national
3.9%
Unemployment
4% national
$20.6B
GDP
20.1%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$68,561
Per Capita
$32,936
Mean Household
$89,471
Poverty Rate
12.4%
Median Income Comparison
Elkhart County$68,561
Indiana$71,957
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 15.4% (31,943 residents) 55-64: 11.5% (23,835 residents) 35-54: 23.9% (49,422 residents) 18-34: 21.8% (45,225 residents) Under 18: 27.4% (56,707 residents) 36 Median Age
Cohorts
Under 18 · 27.4%
18-34 · 21.8%
35-54 · 23.9%
55-64 · 11.5%
65+ · 15.4%
Race & Ethnicity
White73.6%
Black or African American4.8%
Asian1%
Hispanic or Latino(any race)20.1%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
82.2%
High School+
National: 89.6%
▼ 7.4 pts
20.1%
Bachelor's+
National: 35.7%
▼ 15.6 pts
7.3%
Graduate+
National: 14.1%
▼ 6.8 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
207,132
Population
102,139
Labor Force
Employed
98,457
Unemployment Rate BLS LAUS 2025 annual
3.9% ▼ 0.9 pts YoY
Mean Commute 6 min below national avg
20.0 min
Work From Home vs 15.1% national
5.1%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 15.6 pts, relevant for advanced-services attraction strategy.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$20.6B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Elkhart County, Indiana, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Manufacturing
60,298 54.3%
$70,509
2Health Care and Social Assistance
11,139 10.0%
$60,820
3Retail Trade
9,405 8.5%
$36,790
4Wholesale Trade
7,138 6.4%
$73,231
5Accommodation and Food Services
6,906 6.2%
$21,534
6Construction
4,556 4.1%
$74,254
7Administrative and Support and Waste Management
4,021 3.6%
$41,144
8Other Services (except Public Administration)
2,631 2.4%
$53,874
9Management of Companies and Enterprises
2,593 2.3%
$246,596
10Professional, Scientific, and Technical Services
2,258 2.0%
$78,823
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Key Takeaways
  • Largest sector: Manufacturing employs 60,298 workers (54.3% of tracked sectors), at an average wage of $70,509.
  • Economic scale: Regional GDP of $20.6B (2024).
  • Wage stratification: Management of Companies and Enterprises averages $246,596 while Accommodation and Food Services averages $21,534, a 11.5x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Transportation Equipment Manufacturing
23.36x
33,059
Furniture and Related Product Manufacturing
15.95x
4,335
Wood Product Manufacturing
11.27x
3,689
Plastics and Rubber Products Manufacturing
7.21x
4,118
Textile Product Mills
4.41x
334
Fabricated Metal Product Manufacturing
4.41x
5,121
3.54x
65,362
Primary Metal Manufacturing
2.96x
874
Paper Manufacturing
2.68x
767
Nonmetallic Mineral Product Manufacturing
2.66x
898

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Goods-Producing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
65,362
Cluster Employment
3.54x
Peak LQ
Concentrated Sub-Sectors
Transportation Equipment Manufacturing
23.36x 33,059
Furniture and Related Product Manufacturing
15.95x 4,335
Wood Product Manufacturing
11.27x 3,689
Plastics and Rubber Products Manufacturing
7.21x 4,118
Textile Product Mills
4.41x 334
Fabricated Metal Product Manufacturing
4.41x 5,121
3.54x 65,362
Primary Metal Manufacturing
2.96x 874
Paper Manufacturing
2.68x 767
Nonmetallic Mineral Product Manufacturing
2.66x 898

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.17x
Crop Production
73 employed
0.19x
Publishing Industries and Telecommunications
136 employed
0.20x
Heavy and Civil Engineering Construction
197 employed
0.21x
Beverage and Tobacco Product Manufacturing
56 employed
0.21x
Insurance Carriers and Related Activities
441 employed
0.24x
Amusement, Gambling, and Recreation Industries
380 employed
0.26x
Professional, Scientific, and Technical Services
2,258 employed
Key Takeaways
  • Top specialization: Transportation Equipment Manufacturing concentrates at 23.36x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Elkhart County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$210,400
Median Home Value vs 2019
$1,047
Rent/Mo
71.6%
Owner-Occ
10.2%
Vacancy
3.1x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$968/mo
1 Bedroom
$992/mo
2 Bedroom
$1,183/mo
3 Bedroom
$1,553/mo
4 Bedroom
$1,581/mo
30% of monthly median household income (~$1,714/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.1x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 71.6% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 10.2% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,714/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
118,482
Working Age (18-64) vs 2019
Mean Commute 6 min below national avg
20.0 min
Work From Home vs 15.1% national
5.1%
Prime-Age Employed (25-54)
79.7%
of prime-age population
Labor force participation rate: 67.9% of working-age population (18-64) 68% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
20.1%
HS Diploma+
82.2%
Regional / Statewide Institutions
Total credentials awarded
85,358/yr
Ivy Tech Community College 31,118/yr
Purdue University Global 15,107/yr
Purdue University-Main Campus 13,356/yr
Indiana University-Bloomington 11,087/yr
Indiana University-Indianapolis 8,172/yr
Ball State University 6,518/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
20.1%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
29.7%
Service
15.1%
Sales & Office
16.8%
Construction / Maint.
9.4%
Production / Transport
29%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 98,457 employed workers.
Key Takeaways
  • Short commutes: 20.0-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 59,581 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Elkhart County shows strong potential for transportation equipment manufacturing attraction, with a 23.36x concentration and 33,059 jobs in this sub-sector. It ranks in the top decile nationally.

The interconnected base across transportation equipment manufacturing, furniture and related product manufacturing, and wood product manufacturing creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Elkhart County, Indiana, from federal data sources.

What is the population of Elkhart County, Indiana?

207,132 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Elkhart County, Indiana?

$68,561 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Elkhart County, Indiana?

3.9% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Elkhart County, Indiana?

$20.6B (U.S. Bureau of Economic Analysis, CAGDP1).