Zip Code
47150
City
New Albany, IN
Population & Migration
What is the forecasted population for Zip code 47150 New Albany, IN?
- Population census 2020
- 48,237
- Forecasted population 2025
- 50,562
- 4.8% vs. 2020
- Forecasted population 2030
- 51,805
- 7.4% vs. 2020
Zip code 47150 New Albany, IN population is forecasted to grow 4.8% by 2025 (0.1 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 50,562 people for 2025 zip code 47150 New Albany, IN will generate a good demand for housing, which is expected to have a deficit of 1,601 houses for 2030. Vacancy rate is 0.7 points above national US average.
- Total homes available 2020
- 21,647
- Estimated total home demand in 2030
- 23,248
- Total homes balance inventory
- 1,601
Average Household Income in zip code 47150 New Albany, IN
from Internal Revenue Service
- Average household income in 2021
- $73,197
Affordability
- Affordability Index
- 2
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 47150 New Albany, IN?
County total number of drinking water violations
2
-99%
244
County total number of drinking water contaminations
2
-92%
24
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