ZIP 50401 - 860Z200US50401 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 50401 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in north-central Iowa, this area offers a blend of small-town charm and economic opportunity. With a population of nearly 29,000 and a diverse housing stock, ZIP 50401 presents unique possibilities for homebuyers, real estate investors, agents, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down the key metrics to help you make informed decisions about living, investing, or operating in this community.

Population & Households

ZIP 50401 is home to a population of 28,818 residents, making it a moderately sized community with a stable residential base. This population is distributed across 13,298 households, reflecting a mix of family units, singles, and retirees. The total number of housing units stands at 14,746, indicating a slight surplus of available properties relative to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant units for renovation or rental income.

Income & Housing Costs

The median household income in ZIP 50401 is $63,807, which provides a solid economic foundation for many residents. This income level supports a housing market where the median home value is $134,100—a figure that positions the area as relatively affordable compared to national averages. For renters, the median monthly rent is $868, offering a cost-effective alternative to homeownership. These metrics suggest that ZIP 50401 could be an attractive destination for first-time buyers seeking value or for investors looking for properties with manageable entry costs and reasonable return potential.

Race & Ethnicity

The demographic makeup of ZIP 50401 reflects a predominantly white population at 86.82%, with smaller but notable representation from other groups. Black residents account for 2.75% of the population, Asian residents make up 1.17%, and Hispanic or Latino individuals comprise 6.12%. This composition indicates a community with a strong cultural core and growing diversity, which can be a draw for businesses aiming to serve varied customer bases or for families seeking an inclusive environment. Understanding these dynamics can help stakeholders align their strategies with the community’s evolving needs.

Key Facts

• Total population: 28,818 residents, offering a stable community size for businesses and investors.
• Total households: 13,298, reflecting a mix of family and individual living arrangements.
• Total housing units: 14,746, suggesting availability for new residents or investment properties.
• Median household income: $63,807, supporting a middle-income lifestyle for many.
• Median home value: $134,100, indicating an affordable housing market for buyers.
• Median rent: $868 per month, providing a budget-friendly option for renters.
• Racial composition: 86.82% white, 6.12% Hispanic, 2.75% Black, 1.17% Asian, showing moderate diversity.

What This Means for You

For homebuyers, ZIP 50401 offers an affordable entry point into homeownership with a median home value of $134,100. The slight surplus of housing units (14,746 total versus 13,298 households) may give you negotiating power in a less competitive market. For investors and agents, the combination of reasonable property values and a median rent of $868 suggests potential for steady rental income, especially if targeting the area’s growing diversity or younger demographics. Consider properties that need minor updates to maximize returns. For small-business owners, the population of nearly 29,000 and a median income of $63,807 indicate a consumer base with disposable income for local goods and services. Tailoring offerings to the community’s cultural mix could enhance customer loyalty. For analysts, these metrics provide a baseline to track trends in housing availability, income growth, or demographic shifts over time, helping to predict future market dynamics in ZIP 50401.

Run This Study Yourself

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