Where Are People Moving in Putnam, IN?
IRS county-to-county migration, 2023 tax year (released about two years after the tax year it covers).
People moving in
715
People moving out
648
Net migration
+120
Putnam, IN is a net gainer of residents. In the latest IRS data (2023 tax year), 715 people moved in and 648 moved out, for a net gain of +120. Sustained inflows like this are one of the strongest long-run signals of housing demand.
Migration is most useful read alongside the rest of the market. People move for jobs, affordability, climate, and lifestyle, and where they come from and go to says a lot about what a county is competing on. Below are the specific counties driving Putnam, IN’s flows in each direction.
Top counties people moved to Putnam, IN from
| Origin county | Returns | People |
|---|---|---|
| Hendricks, INIndiana | 254 | 493 |
| Marion, INIndiana | 168 | 270 |
| Owen, INIndiana | 63 | 98 |
| Clay, INIndiana | 58 | 114 |
| Morgan, INIndiana | 56 | 101 |
| Montgomery, INIndiana | 36 | 62 |
| Vigo, INIndiana | 33 | 58 |
| Johnson, INIndiana | 24 | 45 |
| Parke, INIndiana | 23 | 48 |
Top counties people left Putnam, IN for
| Destination county | Returns | People |
|---|---|---|
| Hendricks, INIndiana | 164 | 302 |
| Marion, INIndiana | 120 | 191 |
| Clay, INIndiana | 76 | 153 |
| Vigo, INIndiana | 54 | 93 |
| Owen, INIndiana | 49 | 99 |
| Montgomery, INIndiana | 46 | 92 |
| Morgan, INIndiana | 39 | 70 |
| Parke, INIndiana | 34 | 77 |
| Monroe, INIndiana | 24 | 33 |
| Hamilton, INIndiana | 21 | 35 |
“Returns” counts tax returns (a household proxy) that moved along each flow; “People” counts the individuals on those returns, when reported. IRS aggregate and foreign pseudo-rows are excluded. Informational only, not financial advice.
Frequently asked questions
Are people moving to Putnam, IN or leaving?
Putnam, IN had a net gain of +120 residents in the latest IRS data (2023 tax year), with 715 people moving in and 648 moving out. Net migration is inflow minus outflow.
Where are people moving to Putnam, IN from?
The largest sources of new Putnam, IN residents are Hendricks, IN, Marion, IN, Owen, IN. The full top-ten list of origin counties is in the table above.
Where do people leaving Putnam, IN go?
People leaving Putnam, IN most often move to Hendricks, IN, Marion, IN, Clay, IN. The full top-ten list of destination counties is in the table above.
What does Putnam, IN migration mean for housing?
Migration is a leading demand signal. Sustained net inflows tend to support rents and home prices when supply cannot keep up, while net outflows can soften them. Read this alongside Putnam, IN's price forecast, building permits, and affordability on the full county dashboard before drawing a conclusion.
How current is this Putnam, IN migration data?
It comes from IRS Statistics of Income county-to-county migration data, which is released about two years after the tax year it covers; the figures above reflect the 2023 tax year. That lag is normal for this dataset, which counts actual tax returns rather than survey estimates.