Hancock County: The Fastest Growing County in Indiana

Hancock County led the way for growth in Indiana in 2023.

The county’s population grew 3.7% last year–the highest gain among the state’s 92 counties, the Indiana Business Research Center at the Indiana University Kelley School of Business reported on March 14, 2024.

That represents a gain of nearly 3,050 residents. Hancock County’s total population is estimated at 86,166 as of July 2023, according to the U.S. Census Bureau.

“It’s very exciting but comes with little surprise,” said Mitchell Kirk, Communications Director for the Hancock Economic Development Council. “Evidence of incredible growth had been mounting all year, and continues into 2024.”

Hancock Gateway Park is expanding rapidly with the recent opening of a senior living community and plans for a conference center and hotels. PL Cold moved into a 300,000-square-foot storage facility. Transport Enterprise Leasing opened a 56,000-square-foot fleet maintenance and reconditioning center. Yamaha Marine Precision Propellers expanded and has plans for more. Walmart opened its largest fulfillment center. McCordsville’s new downtown is unfolding before our eyes.

The milestone follows a trend of growth over the past several years. Hancock County had 25 business announcements regarding new locations or expansions from 2019 to 2023, according to information provided by the Indy Partnership.

Over 50 new members joined the Greenfield Area Chamber of Commerce last year, the organization recently reported. That significantly outpaces the five previous years, during which an average of about 17 new members joined annually.

“It’s obvious why people are flocking here,” Kirk said. “We have excellent housing options, schools, healthcare, public safety, and choices for things to do. We have a strong workforce, robust infrastructure, and supportive business community. And, with over 9 million square feet of industrial space available–much of it created in the past few years–we have plenty of opportunity.

“Additionally,” Kirk continued, “I think another reason people are drawn to the area is because it’s abundantly obvious how much leaders and residents here care.”

The county's comprehensive plan received statewide recognition. Community Development efforts are underway. Amplify Hancock will offer career and technical education. Educators like Eastern Hancock Schools and Ivy Tech Community College are working with businesses to strengthen the local workforce.

“We’re eager to continue this momentum moving forward and extend the incredible growth we’re having on into the future,” Kirk said.