Zip Code
45887
City
Spencerville, OH
Population & Migration
What is the forecasted population for Zip code 45887 Spencerville, OH?
- Population census 2020
- 4,282
- Forecasted population 2025
- 4,297
- 0.00% vs. 2020
- Forecasted population 2030
- 4,253
- -0.01% vs. 2020
Zip code 45887 Spencerville, OH population is forecasted to decrease 0.00% by 2025 (-4.3 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 4,297 people for 2025 zip code 45887 Spencerville, OH will generate a good demand for housing, which is expected to have an excess of -12 houses for 2030. Vacancy rate is 2.2 points below national US average.
- Total homes available 2020
- 1,916
- Estimated total home demand in 2030
- 1,903
- Total homes balance inventory
- -12
Average Household Income in zip code 45887 Spencerville, OH
from Internal Revenue Service
- Average household income in 2021
- $64,633
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 45887 Spencerville, OH?
County total number of drinking water violations
82
-66%
244
County total number of drinking water contaminations
9
-63%
24
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