Zip Code
47590
City
Velpen, IN
Population & Migration
What is the forecasted population for Zip code 47590 Velpen, IN?
- Population census 2020
- 286
- Forecasted population 2025
- 550
- 0.92% vs. 2020
- Forecasted population 2030
- 548
- 0.92% vs. 2020
Zip code 47590 Velpen, IN population is forecasted to grow 0.92% by 2025 (87.7 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 550 people for 2025 zip code 47590 Velpen, IN will generate a good demand for housing, which is expected to have a deficit of 165 houses for 2030. Vacancy rate is 13.8 points above national US average.
- Total homes available 2020
- 181
- Estimated total home demand in 2030
- 346
- Total homes balance inventory
- 165
Average Household Income in zip code 47590 Velpen, IN
from Internal Revenue Service
- Average household income in 2021
- $64,736
Affordability
- Affordability Index
- 1
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 47590 Velpen, IN?
County total number of drinking water violations
24
-90%
244
County total number of drinking water contaminations
5
-79%
24
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