Zip Code
47167
City
Salem, IN
Population & Migration
What is the forecasted population for Zip code 47167 Salem, IN?
- Population census 2020
- 14,481
- Forecasted population 2025
- 15,513
- 7.1% vs. 2020
- Forecasted population 2030
- 15,037
- 3.8% vs. 2020
Zip code 47167 Salem, IN population is forecasted to grow 7.1% by 2025 (2.4 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 15,513 people for 2025 zip code 47167 Salem, IN will generate a good demand for housing, which is expected to have a deficit of 238 houses for 2030. Vacancy rate is 3.0 points below national US average.
- Total homes available 2020
- 6,209
- Estimated total home demand in 2030
- 6,447
- Total homes balance inventory
- 238
Average Household Income in zip code 47167 Salem, IN
from Internal Revenue Service
- Average household income in 2021
- $62,589
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 47167 Salem, IN?
County total number of drinking water violations
46
-81%
244
County total number of drinking water contaminations
15
-38%
24
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