Zip Code
47020
City
Florence, IN
Population & Migration
What is the forecasted population for Zip code 47020 Florence, IN?
- Population census 2020
- 1,447
- Forecasted population 2025
- 1,167
- -0.19% vs. 2020
- Forecasted population 2030
- 1,163
- -0.20% vs. 2020
Zip code 47020 Florence, IN population is forecasted to decrease -0.19% by 2025 (-24.1 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 1,167 people for 2025 zip code 47020 Florence, IN will generate a good demand for housing, which is expected to have an excess of -123 houses for 2030. Vacancy rate is 4.9 points below national US average.
- Total homes available 2020
- 631
- Estimated total home demand in 2030
- 507
- Total homes balance inventory
- -123
Average Household Income in zip code 47020 Florence, IN
from Internal Revenue Service
- Average household income in 2021
- $66,209
Affordability
- Affordability Index
- 3
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 47020 Florence, IN?
County total number of drinking water violations
25
-90%
244
County total number of drinking water contaminations
7
-71%
24
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