50162 ZIP Code – Melbourne, Iowa
Located in Melbourne, Iowa, ZIP code 50162 is a small ZIP code within Marshall County with a population of approximately 1,302 residents. The median household income of $75,000 is near the Iowa average and near the national average. At $158,900, median home values run below the national average, with 68.9% owner-occupied housing (increasing). . Median rent is $1,364, which is above the U.S. average. Housing consists of 89% single-family (decreasing), 10% duplex/multi-family.
Unemployment stands at 2.5%, which is well below the U.S. rate. An estimated 2.9% of the population falls below the poverty line, well below the national figure. An estimated 17.9% of adults hold a bachelor's degree or higher, below the national average. Residents have a median age of 33.8, below the U.S. median. ZIP codes in the surrounding area include 50120, 50234, 50141.
ZIP Code 50162 Data
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ZIP 50162 vs. Iowa vs. U.S.
| Metric | ZIP 50162 | IA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 1,302 | 3,297 | 10k |
| Median Household Income | $75k | $71k | $73k |
| Median Home Value | $158k | $153k | $258k |
| Median Rent | $1,364 | $792 | $1,088 |
| Median Age | 33.8 | 43.6 | 43.2 |
| Unemployment Rate | 2.5% | 3.1% | 5.0% |
| Poverty Rate | 2.9% | 9.8% | 13.3% |
| Bachelor's Degree or Higher | 17.9% | 21.9% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 50120 – Haverhill
- 50234 – Rhodes
- 50141 – Laurel
- 50247 – State Center
- 50028 – Baxter
- 50078 – Ferguson
- 50055 – Collins
- 50158 – Marshalltown
- 50127 – Ira
- 50056 – Colo
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 50120 | HAVERHILL | 537 | $133,333 |
| 50234 | RHODES | 482 | $80,000 |
| 50141 | LAUREL | 499 | $71,932 |
| 50247 | STATE CENTER | 2,411 | $86,250 |
| 50028 | BAXTER | 1,776 | $73,235 |