NextTerritory

Indiana Siding Market Size

$1.15B a year in installed residential siding demand across 40 metro and micropolitan areas — #12 of 52 (the 50 states, DC and Puerto Rico).

Annual market size
$1.15B
installed value, replacement + new
Share of US
2.7%
#12 of 52 incl. DC & PR
Jobs per year
77,340
residential installations
Metros modeled
40
metro + micropolitan areas
SF permits 2022–2024
+4.2%
37 metros reporting every year

The short answer

The Indiana siding market is about $1.15B a year in installed residential demand (2.7% of the US total), ranking #12 of 52 states and jurisdictions (the 50 states, DC and Puerto Rico, where modeled). The largest metro is Indianapolis, IN at $397.43M of Indiana demand. Statewide, the market is roughly 77,340 jobs a year: $985.30M replacement on existing homes and $159.95M new single-family construction.

Indiana siding market by metro

Every modeled metro with homes in Indiana. A metro that crosses a state line shows only the share of its demand inside Indiana; firm counts, scores and saturation describe the whole metro. Each links to its full market file.

#MetroAnnual demandShare of stateOpportunity scoreDemand / firmSaturation
1Indianapolis, IN$397.43M34.7%75.8$5.93MWide Open
2Chicago, IL (11% in IN)$169.58M14.8%75.1$4.95MWide Open
3Fort Wayne, IN$85.16M7.4%70.1$3.15MBalanced
4Louisville/Jefferson County, KY (21% in IN)$55.06M4.8%69.0$2.30MBalanced
5South Bend, IN (80% in IN)$44.94M3.9%66.6$6.23MWide Open
6Evansville, IN$39.10M3.4%59.1$1.78MCrowded
7Elkhart, IN$34.69M3.0%63.7$2.17MCrowded
8Terre Haute, IN$27.98M2.4%59.8$1.12MKnife Fight
9Bloomington, IN$23.03M2.0%60.8$5.76MWide Open
10Lafayette, IN$22.56M2.0%57.8$1.50MCrowded
11Michigan City, IN$22.46M2.0%69.3$7.49MWide Open
12Muncie, IN$17.15M1.5%51.3$5.72MWide Open
13Cincinnati, OH (4% in IN)$15.92M1.4%70.2$3.65MWide Open
14Kokomo, IN$11.42M1.0%57.7$5.71MWide Open
15Marion, IN$11.10M1.0%50.0$3.70MBalanced
16Warsaw, IN$10.34M0.9%55.0$2.07MBalanced
17Auburn, IN$9.69M0.8%57.9$403.92KKnife Fight
18Huntington, IN$9.47M0.8%57.3$1.05MKnife Fight
19Columbus, IN$8.92M0.8%51.3$8.92MLand Grab
20Seymour, IN$8.34M0.7%56.9$8.34MLand Grab
21Richmond, IN$8.12M0.7%46.3$2.71MBalanced
22Kendallville, IN$8.10M0.7%58.5$8.10MLand Grab
23Angola, IN$8.09M0.7%61.9$577.74KKnife Fight
24Jasper, IN$7.99M0.7%52.8$7.99MLand Grab
25Crawfordsville, IN$7.36M0.6%52.0$7.36MWide Open
26Plymouth, IN$7.21M0.6%54.1$3.61MWide Open
27New Castle, IN$6.99M0.6%47.2$6.99MLand Grab
28Bedford, IN$6.67M0.6%41.1$476.78KKnife Fight
29Vincennes, IN$6.54M0.6%46.5$594.43KKnife Fight
30Wabash, IN$6.45M0.6%53.2$3.22MWide Open
31Greencastle, IN$6.17M0.5%52.2$3.09MWide Open
32Madison, IN$5.54M0.5%47.7$554.43KKnife Fight
33Frankfort, IN$5.37M0.5%47.4$5.37MWide Open
34Logansport, IN$5.11M0.4%45.9$638.58KKnife Fight
35Decatur, IN$5.11M0.4%46.3$2.55MBalanced
36Greensburg, IN$5.07M0.4%47.7$5.07MLand Grab
37Peru, IN$4.51M0.4%43.5$2.26MCrowded
38Washington, IN$4.16M0.4%35.6$4.16MWide Open
39Monticello, IN$3.28M0.3%36.7$546.88KCrowded
40Connersville, IN$3.04M0.3%38.6$3.04MWide Open

All states (CSV) All 935 metros (CSV)

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Demand drivers in Indiana

Indiana's metro areas had 1,993,085 single-family detached homes in the 2019–23 Census survey, against 1,923,936 in 2014–18: the stock grew 3.6% over five years. Population changed +2.9% over the same years. Those homes are the base siding replacement demand is sized on. The dollar market size itself has no measured history, so no growth rate is published for it.

Single-family permits

15.0k202213.5k202315.7k2024

Census Building Permits Survey, 37 metros whose primary state is Indiana and that report every year.

Damaging hail events

802016107201740201884201957202050202131202213920231052024592025

NOAA Storm Events, 37 metros, every year loaded. Hail pulls siding replacement forward.

Indiana siding market — common questions

How big is the Indiana siding market?

The Indiana siding market is about $1.15B a year in installed residential demand (2.7% of the US total), ranking #12 of 52 states and jurisdictions (the 50 states, DC and Puerto Rico, where modeled). The largest metro is Indianapolis, IN at $397.43M of Indiana demand. Statewide, the market is roughly 77,340 jobs a year: $985.30M replacement on existing homes and $159.95M new single-family construction.

Which metros have the largest siding market in Indiana?

Indianapolis, IN $397.43M; Chicago, IL $169.58M; Fort Wayne, IN $85.16M; Louisville/Jefferson County, KY $55.06M; South Bend, IN $44.94M. 40 metro and micropolitan areas in Indiana are modeled.

What are the best siding markets in Indiana for expansion?

By NextTerritory's opportunity score (0-100, a national percentile blend of seven components: market size, growth, affluence, storm exposure, climate, housing age and competition): Indianapolis, IN 75.8; Chicago, IL 75.1; Cincinnati, OH 70.2. The score is the same national scale for every metro, so it compares across state lines.

How competitive is the Indiana siding market?

Saturation compares each metro's annual siding demand with its count of specialty contractor establishments (BLS QCEW). Across Indiana's metros: 6 Land Grab; 15 Wide Open; 6 Balanced; 5 Crowded; 8 Knife Fight. Land Grab is the least crowded cohort nationally, Knife Fight the most.

Is the Indiana siding market growing?

Indiana's metro areas had 1,993,085 single-family detached homes in the 2019–23 Census survey, against 1,923,936 in 2014–18: the stock grew 3.6% over five years. Population changed +2.9% over the same years. Those homes are the base siding replacement demand is sized on. The dollar market size itself has no measured history, so no growth rate is published for it.

How is the Indiana siding market size calculated?

Bottom-up, metro by metro: owner-occupied single-family homes divided by the line's service life, adjusted for housing age and hail exposure, priced at the model's average ticket, plus single-family permits at a builder price. Metros that cross a state line are split by single-family housing in each county. Rural counties outside a metro are not modeled.

Use these figures

Free to reuse, including commercially, with credit (CC BY 4.0). Suggested citation:

NextTerritory (2026). Indiana Siding Market Size. https://nextterritory.com/us-siding-market/indiana. Licensed CC BY 4.0.

Compare

States ranked near Indiana, and the other exterior lines here.

US siding market size, all states → · Methodology