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These days, finding an affordable place to live in the 50602 area can be challenging. Home prices in 50602 are now at a median cost of $109,176, lower than the Iowa average of $182,666.
The average cost of rent is $567/mo in 50602, primarily driven by the current value of real estate in the 50602 area. While nearly 43.72% of residents own their homes outright in 50602, 21.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in 50602 is $4,937 per month. Households that rent pay about 11.48% of their income on rent here. 50602's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 50611, IA: less expensive homes
- 50619, IA: higher priced homes
- 50625, IA: less expensive homes
- 50636, IA: equally priced homes
- 50670, IA: higher priced homes
- 50605, IA: less expensive homes
- 50666, IA: higher priced homes
- 50677, IA: higher priced homes
- 50647, IA: higher priced homes
- 50633, IA: equally priced homes
Zip Codes with Similar Populations
- 57311, SD: higher priced homes
- 67074, KS: equally priced homes
- 66856, KS: higher priced homes
- 65626, MO: equally priced homes
- 65462, MO: less expensive homes
- 63363, MO: higher priced homes
- 62443, IL: higher priced homes
- 62218, IL: higher priced homes
- 61501, IL: less expensive homes
- 61006, IL: higher priced homes
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