ZIP Code 50240 Demographics

Madison County, Iowa  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 50240 compared to county averages.

Total Population

2,335

↓ 85.9% vs county

Median HH Income

$98,750

↑ +12.1% vs county

Median Home Value

$253,500

↑ +10.0% vs county

Median Age

48.0 yrs

↓ +17.4% vs county

Unemployment Rate

1.2%

↑ 46.5% vs county

Income & Housing Comparison

How ZIP 50240 compares to Madison County and Iowa overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 50240 $99k Madison $88k Iowa $71k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 50240 $254k Madison $231k Iowa $182k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

20.6%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

84.1%

of occupied housing units are owner-occupied

Median Gross Rent

$920

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 50240 using local Census metrics.

Median Home Value$253,500
Down Payment (20%)$50,700
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,610P&I: $1282 | Tax: $254 | Ins: $74
Rent (Local Median)
$920
Renting is CheaperRenting is estimated to save you $690/month compared to buying costs.

How Does 50240 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 50240 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 50240, sorted by distance.

50033 4.7 mi away madison county 50229 5.7 mi away warren county 50218 5.8 mi away madison county 50160 6.2 mi away warren county 50257 7.8 mi away madison county 50210 8.9 mi away warren county 50125 11.5 mi away warren county 50211 12.3 mi away warren county

About Madison County

Madison County is located in Iowa and has a total population of 16,609. The county's median household income is $88,110 and median home value is $230,500. ZIP code 50240 is one of many ZCTAs within this county.

View all ZIP codes in Madison County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.