Zip Code
47460
City
Spencer, IN
Population & Migration
What is the forecasted population for Zip code 47460 Spencer, IN?
- Population census 2020
- 10,780
- Forecasted population 2025
- 11,225
- 0.04% vs. 2020
- Forecasted population 2030
- 10,800
- 0.00% vs. 2020
Zip code 47460 Spencer, IN population is forecasted to decrease 0.04% by 2025 (-0.6 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 11,225 people for 2025 zip code 47460 Spencer, IN will generate a good demand for housing, which is expected to have a deficit of 9 houses for 2030. Vacancy rate is 2.1 points below national US average.
- Total homes available 2020
- 5,284
- Estimated total home demand in 2030
- 5,293
- Total homes balance inventory
- 9
Average Household Income in zip code 47460 Spencer, IN
from Internal Revenue Service
- Average household income in 2021
- $65,862
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 47460 Spencer, IN?
County total number of drinking water violations
76
-69%
244
County total number of drinking water contaminations
5
-79%
24
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