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These days, finding an affordable place to live in the 50862 area can be challenging. Home prices in 50862 are now at a median cost of $138,256, lower than the Iowa average of $226,062.
The average cost of rent is $715/mo in 50862, primarily driven by the current value of real estate in the 50862 area. In 50862, 23.48% of households rent, and 48.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 50862 is $5,712 per month. Households that rent pay about 12.51% of their income on rent here. 50862’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
- 50848, IA: higher priced homes
- 50851, IA: equally priced homes
- 50840, IA: less expensive homes
- 51646, IA: equally priced homes
- 50841, IA: less expensive homes
- 50857, IA: equally priced homes
- 50845, IA: higher priced homes
- 50835, IA: higher priced homes
- 50864, IA: less expensive homes
- 51632, IA: equally priced homes
Zip Codes with Similar Populations
- 82428, WY: higher priced homes
- 36556, AL: higher priced homes
- 38844, MS: higher priced homes
- 39710, MS: higher priced homes
- 40808, KY: less expensive homes
- 43005, OH: higher priced homes
- 43463, OH: higher priced homes
- 81087, CO: less expensive homes
- 81335, CO: higher priced homes
- 81434, CO: higher priced homes
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