Zip Code
47408
City
Bloomington, IN
Population & Migration
What is the forecasted population for Zip code 47408 Bloomington, IN?
- Population census 2020
- 23,970
- Forecasted population 2025
- 22,105
- -7.8% vs. 2020
- Forecasted population 2030
- 21,712
- -9.4% vs. 2020
Zip code 47408 Bloomington, IN population is forecasted to decrease -7.8% by 2025 (-12.5 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 22,105 people for 2025 zip code 47408 Bloomington, IN will generate a good demand for housing, which is expected to have an excess of -953 houses for 2030. Vacancy rate is 4.1 points above national US average.
- Total homes available 2020
- 10,127
- Estimated total home demand in 2030
- 9,173
- Total homes balance inventory
- -953
Average Household Income in zip code 47408 Bloomington, IN
from Internal Revenue Service
- Average household income in 2021
- $61,772
Affordability
- Affordability Index
- 5
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 47408 Bloomington, IN?
County total number of drinking water violations
54
-76%
226
County total number of drinking water contaminations
34
+48%
23
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