1st Advantage MortgageIn Posey County, Indiana, the typical household earns $78,129 a year and the typical rent is $782. Your income, debts and credit decide what you qualify for. Get offers in writing, compare the total repaid, and never pay a fee up front.
On this page
- Getting oriented in Posey County
- Jobs and commutes in Posey County
- What Posey County households earn
- What it costs to live in Posey County
- Cities, towns and CDPs in Posey County
- The counties around Posey County
- Room for a loan payment in Posey County
- People and households in Posey County
- Borrowing situations common in Posey County
- Four steps for Posey County borrowers
- Checking a lender's license in Indiana
- More guides for Posey County
- Frequently asked questions
Getting oriented in Posey County
With an estimated 25,116 residents (ACS 2020 to 2024), Posey County ranks 61st of 92 in Indiana for population. It covers 409 square miles of land, or about 61 people per square mile. The federal metro definitions (OMB, July 2023) place it in the Evansville, IN metropolitan area. Mount Vernon is the biggest of its 6 Census places, at roughly 6,400 people (25% of the county total).
Jobs and commutes in Posey County
The biggest employer of Posey County residents, by industry, is education and health care at 23% of workers, followed by manufacturing (21%). Compared with Indiana, the county leans toward construction (10% against 7%). ACS puts five-year average unemployment at 1.8% in Posey County. About 83% drive to work alone and 10% have trips of 45 minutes or more. 3.1% of households have no vehicle.
| Industry | Share of Posey County workers | vs Indiana |
|---|---|---|
| Education and health care | 23.2% | -0.2 pts |
| Manufacturing | 20.8% | +2.8 pts |
| Construction | 10.1% | +3.5 pts |
| Retail trade | 9.2% | -1.5 pts |
| Professional and administrative services | 8.9% | -0.4 pts |
| Arts, lodging and food service | 5.2% | -2.6 pts |
A lender verifies what your own job pays. The county's industry mix tells you about the local economy, not about your application.
What Posey County households earn
At $78,129, the typical Posey County household income is 19% above the median U.S. county ($65,681).
| Income band | Share in Posey County | Difference from Indiana |
|---|---|---|
| Under $35,000 | 18.2% | -4.4 pts |
| $35,000 to $99,999 | 44.5% | +1.1 pts |
| $100,000 to $199,999 | 29.8% | +4.0 pts |
| $200,000 or more | 7.5% | -0.7 pts |
About 18% of households earn under $35,000, while 37% clear $100,000. Census counts 10.1% of Posey County residents in poverty, against 12.3% across Indiana. The Gini index of income inequality is 0.403 (0 is perfect equality). None of these numbers decides a Posey County application. Lenders weigh your own documented income against your own debts.
What it costs to live in Posey County
Median gross rent, utilities included, comes to $782 in Posey County versus $1,062 statewide. By the Census definition, 40% of Posey County renters are cost-burdened. With a median value of $222,900, a typical Posey County house costs 2.9 times what the median household earns in a year. The ownership rate is 82%. The median home was built in 1976, so roofs, wiring and heating systems are a common source of repair bills.
| Measure | Posey County | Indiana | Median U.S. county |
|---|---|---|---|
| Median gross rent | $782/mo | $1,062/mo | $877/mo |
| Median home value | $222,900 | $218,200 | $185,300 |
| Owners | 82% | 71% | 75% |
| Rent-burdened renters | 40% | 48% | 45% |
| Burdened owners | 19% | 20% | n/a |
| Vacant units | 5% | 9% | n/a |
Because most Posey County households own, home repairs are a frequent reason to borrow. An unsecured personal loan leaves the house out of the deal, while a HELOC uses it as collateral.
Cities, towns and CDPs in Posey County
The table lists the 6 largest of 6 Census places in Posey County, by population. Together all 6 hold about 9,984 people, so roughly 60% of residents live outside any named place. Among places of 500 or more people, median income runs from $57,875 in New Harmony to $91,563 in Parkers Settlement. Median rent ranges from $726 in Poseyville to $1,014 in New Harmony. No Posey County place has a separate guide yet; this county page serves all 6.
| Community | Type | Residents | Household income (median) | Rent (median) | Distance |
|---|---|---|---|---|---|
| Mount Vernon | city | 6,400 | $62,263 | $783 | 6 mi |
| Poseyville | town | 1,270 | $62,500 | $726 | 11 mi |
| New Harmony | town | 845 | $57,875 | $1,014 | 8 mi |
| Cynthiana | town | 716 | $74,688 | $775 | 14 mi |
| Parkers Settlement | CDP | 605 | $91,563 | n/a | 8 mi |
| Griffin | town | 148 | $82,500 | n/a | 12 mi |
The counties around Posey County
Nearest neighbors first, measured between county centers (15 to 27 miles). None of the six report a higher median household income than Posey County; Gibson County is highest at $67,573 and White County lowest at $54,813. Some neighbors are in Illinois and Kentucky. Lender licensing is state by state, so a loan for a Posey County resident follows Indiana rules.
| Adjacent area | How far | HH income (median) | Rent (median) | Owner share |
|---|---|---|---|---|
| Posey County | - | $78,129 | $782/mo | 82% |
| Vanderburgh County, IN | 15 mi | $61,648 | $985/mo | 65% |
| White County, IL | 17 mi | $54,813 | $719/mo | 77% |
| Henderson County, KY | 23 mi | $58,851 | $777/mo | 65% |
| Gibson County, IN | 25 mi | $67,573 | $935/mo | 77% |
| Union County, KY | 26 mi | $60,327 | $790/mo | 70% |
| Gallatin County, IL | 27 mi | $59,219 | $541/mo | 77% |
Room for a loan payment in Posey County
Lenders compare monthly debt payments with gross monthly income, the debt-to-income ratio. For a Posey County household at the medians it works out like this; treat it as an illustration only.
- $78,129 a year is $6,511 of gross monthly income
- Less median rent of $782, which is 12% of it
- With a 36% ceiling, about $1,562 remains for car, card, student and any new loan payments
Car, student loan and card payments come out of that room first. Try your own numbers in the calculator.
People and households in Posey County
College graduates make up 25% of the adult population. 3.2% of residents have no health coverage.
| Residents | Posey County | Indiana | Middle U.S. county |
|---|---|---|---|
| Median age | 43.0 | 38.1 | 41.5 |
| Bachelor's or higher | 25.2% | 29.5% | 22.2% |
| No high school diploma | 7.0% | 9.6% | n/a |
| No health insurance | 3.2% | 7.4% | 7.8% |
| No vehicle | 3.1% | 6.2% | 5.4% |
| Work from home | 6.0% | 10.7% | 8.7% |
| Poverty rate | 10.1% | 12.3% | 13.2% |
| Unemployment (ACS) | 1.8% | 4.3% | 4.4% |
| Commute length | Posey County |
|---|---|
| Under 15 min | 27.9% |
| 15 to 29 min | 39.3% |
| 30 to 44 min | 22.5% |
| 45 to 59 min | 7.3% |
| 60+ min | 3.0% |
Borrowing situations common in Posey County
Where the Posey County numbers stand out, and why it matters for a loan:
- Advance-fee offers. No legitimate lender asks a Posey County borrower to pay first (scam signs).
- Know your credit. Review all three bureau reports for free (AnnualCreditReport.com).
- Requirements. Lenders weigh credit history, documented income and existing debt (what to gather).
Four steps for Posey County borrowers
Four checks before you sign anything:
- Price the Posey County expense first and borrow that amount, no more.
- Shop at least three lenders, including one Posey County-area credit union.
- Only work with lenders licensed for Indiana borrowers.
- Read the final agreement; it must match the offer.
Checking a lender's license in Indiana
No county office licenses personal lenders. For Posey County, check the Indiana Department of Financial Institutions. A CFPB complaint gets forwarded to the company for a response. See the Indiana state guide for the statewide picture.
More guides for Posey County
For statewide rules and data, see the Indiana guide.
Frequently asked questions
Is Posey County a high-income county?
Its $78,129 median ranks 16th of 92 Indiana counties and compares with $65,681 for the median U.S. county.
How much is rent in Posey County?
Median gross rent, utilities included, is $782 a month; 40% of renters spend 30% or more of income on it.
Should Posey County homeowners use home equity instead?
Maybe, but weigh the risk: 82% of Posey County homes are owner-occupied, and a home-equity loan or line is secured by the house while a personal loan usually is not.
I live in a small Posey County town. Is this my guide?
Yes. If your town has no city guide, this county page is the local one; it covers Mount Vernon, Poseyville, New Harmony, Cynthiana, Parkers Settlement and 1 more.
Will a Posey County address affect my match?
Beyond confirming Indiana as your state, no. Your answers about amount, credit, income and payments are all that count.