Zip Code

45503

City

Springfield, OH

Population & Migration

What is the forecasted population for Zip code 45503 Springfield, OH?

Population census 2020
32,250
Forecasted population 2025
32,358
0.00% vs. 2020
Forecasted population 2030
31,769
-0.01% vs. 2020

Zip code 45503 Springfield, OH population is forecasted to decrease 0.00% by 2025 (-4.4 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 32,358 people for 2025 zip code 45503 Springfield, OH will generate a good demand for housing, which is expected to have an excess of -230 houses for 2030. Vacancy rate is 0.9 points below national US average.

Total homes available 2020
15,511
Estimated total home demand in 2030
15,280
Total homes balance inventory
-230

Average Household Income in zip code 45503 Springfield, OH
from Internal Revenue Service

Average household income in 2021
$64,718

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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Drinking water violations

How is the quality of drinking water in Zip code 45503 Springfield, OH?

County total number of drinking water violations

231

-5%

244

County total number of drinking water contaminations

8

-67%

24

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