Zip Code
47408
City
Bloomington, IN
Population & Migration
What is the forecasted population for Zip code 47408 Bloomington, IN?
- Population census 2020
- 23,970
- Forecasted population 2025
- 21,286
- -11.2% vs. 2020
- Forecasted population 2030
- 21,969
- -8.3% vs. 2020
Zip code 47408 Bloomington, IN population is forecasted to decrease -11.2% by 2025 (-15.9 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 21,286 people for 2025 zip code 47408 Bloomington, IN will generate a good demand for housing, which is expected to have an excess of -844 houses for 2030. Vacancy rate is 5.5 points above national US average.
- Total homes available 2020
- 10,127
- Estimated total home demand in 2030
- 9,282
- Total homes balance inventory
- -844
Average Household Income in zip code 47408 Bloomington, IN
from Internal Revenue Service
- Average household income in 2021
- $61,772
Affordability
- Affordability Index
- 4
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 47408 Bloomington, IN?
County total number of drinking water violations
60
-75%
244
County total number of drinking water contaminations
35
+46%
24
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