Zip Code

46788

City

Spencerville, IN

Population & Migration

What is the forecasted population for Zip code 46788 Spencerville, IN?

Population census 2020
3,574
Forecasted population 2025
4,396
0.23% vs. 2020
Forecasted population 2030
4,423
0.24% vs. 2020

Zip code 46788 Spencerville, IN population is forecasted to grow 0.23% by 2025 (18.3 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 4,396 people for 2025 zip code 46788 Spencerville, IN will generate a good demand for housing, which is expected to have a deficit of 260 houses for 2030. Vacancy rate is 8.4 points below national US average.

Total homes available 2020
1,098
Estimated total home demand in 2030
1,358
Total homes balance inventory
260

Average Household Income in zip code 46788 Spencerville, IN
from Internal Revenue Service

Average household income in 2021
$122,060

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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Drinking water violations

How is the quality of drinking water in Zip code 46788 Spencerville, IN?

County total number of drinking water violations

243

0%

244

County total number of drinking water contaminations

11

-54%

24

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