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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 $134,512, lower than the Iowa average of $226,062.
The average cost of rent is $723/mo in 50602, primarily driven by the current value of real estate in the 50602 area. In 50602, 21.63% of households rent, and 40.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50602 is $5,977 per month. Households that rent pay about 12.09% of their income on rent here. 50602’s most expensive areas are in the southwestern 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
- 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: higher priced homes
- 66856, KS: higher priced homes
- 65626, MO: higher priced homes
- 65462, MO: higher priced 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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