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These days, finding an affordable place to live in the 50162 area can be challenging. Home prices in 50162 are now at a median cost of $198,945, lower than the Iowa average of $226,062.
The average cost of rent is $738/mo in 50162, primarily driven by the current value of real estate in the 50162 area. In 50162, 21.90% of households rent, and 35.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50162 is $6,775 per month. Households that rent pay about 10.89% of their income on rent here. 50162’s most expensive areas are in the southern regions, while the cheapest areas are in the central 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
- 50234, IA: higher priced homes
- 50120, IA: less expensive homes
- 50247, IA: equally priced homes
- 50028, IA: equally priced homes
- 50141, IA: less expensive homes
- 50055, IA: higher priced homes
- 50158, IA: less expensive homes
- 50078, IA: higher priced homes
- 50056, IA: less expensive homes
- 50106, IA: less expensive homes
Zip Codes with Similar Populations
- 54511, WI: equally priced homes
- 79043, TX: less expensive homes
- 78151, TX: less expensive homes
- 77419, TX: less expensive homes
- 70759, LA: equally priced homes
- 58621, ND: less expensive homes
- 57035, SD: higher priced homes
- 56535, MN: equally priced homes
- 55030, MN: higher priced homes
- 04238, ME: higher priced homes
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