50662 ZIP Code – Oelwein, Iowa

50662 is a ZIP code serving Oelwein, Iowa in Fayette County with a population of approximately 6,499 residents. The median household income of $42,348 is well below the Iowa average and well below the national average. The median home value of $106,900 is well below the national average, with 77.7% owner-occupied housing (increasing). . Median rent is $791, which is below the U.S. average. Housing consists of 86% single-family (decreasing), 8% duplex/multi-family.

The area reports an unemployment rate of 6.9%, above the national average. The poverty rate of 16.3% is above the U.S. average. About 15.7% of residents have completed a four-year degree, well below the national rate. At 46.1, the median age is near the national figure. The surrounding area includes ZIP codes 50655, 50641, 50664.

ZIP Code 50662 Data

Population 6,499
Median Household Income $42,348
Median Home Value $106,900
Median Rent $791
Median Age 46.1
Unemployment Rate 6.9%
Poverty Rate 16.3%
Bachelor's Degree or Higher 15.7%
State Iowa

ZIP 50662 vs. Iowa vs. U.S.

MetricZIP 50662IA Avg.U.S. Avg.
Population6,4993,29710k
Median Household Income$42k$71k$73k
Median Home Value$106k$153k$258k
Median Rent$791$792$1,088
Median Age46.143.643.2
Unemployment Rate6.9%3.1%5.0%
Poverty Rate16.3%9.8%13.3%
Bachelor's Degree or Higher15.7%21.9%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
50655 MAYNARD 760 $55,417
50641 HAZLETON 1,446 $64,514
50664 ORAN 131 Not provided
50671 STANLEY 179 $53,843
50681 WESTGATE 447 $65,577