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These days, finding an affordable place to live in the 50062 area can be challenging. Home prices in 50062 are now at a median cost of $176,191, lower than the Iowa average of $226,062.
The average cost of rent is $698/mo in 50062, primarily driven by the current value of real estate in the 50062 area. In 50062, 14.01% of households rent, and 46.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50062 is $6,767 per month. Households that rent pay about 10.32% of their income on rent here. 50062’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 50163, IA: less expensive homes
- 50057, IA: higher priced homes
- 50139, IA: equally priced homes
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- 50166, IA: higher priced homes
- 50225, IA: higher priced homes
- 50001, IA: higher priced homes
- 50145, IA: higher priced homes
- 50116, IA: less expensive homes
- 50119, IA: equally priced homes
Zip Codes with Similar Populations
- 01029, MA: higher priced homes
- 50575, IA: less expensive homes
- 80420, CO: higher priced homes
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- 82639, WY: higher priced homes
- 24991, WV: less expensive homes
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