Zip Code
47561
City
Oaktown, IN
Population & Migration
What is the forecasted population for Zip code 47561 Oaktown, IN?
- Population census 2020
- 1,644
- Forecasted population 2025
- 1,300
- -0.21% vs. 2020
- Forecasted population 2030
- 1,300
- -0.21% vs. 2020
Zip code 47561 Oaktown, IN population is forecasted to decrease -0.21% by 2025 (-25.6 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 1,300 people for 2025 zip code 47561 Oaktown, IN will generate a good demand for housing, which is expected to have an excess of -172 houses for 2030. Vacancy rate is 3.5 points above national US average.
- Total homes available 2020
- 823
- Estimated total home demand in 2030
- 650
- Total homes balance inventory
- -172
Average Household Income in zip code 47561 Oaktown, IN
from Internal Revenue Service
- Average household income in 2021
- $64,111
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 47561 Oaktown, IN?
County total number of drinking water violations
190
-22%
244
County total number of drinking water contaminations
74
+208%
24
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