50162 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 50162 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIowa
CityMelbourne
Time ZoneAmerica/Chicago
Geo Location41.92488, -93.06923
Population1339
Size132.121 square miles
Median Family Income$80625.00
Median Home Value$130800.00

Population & Demographics

The following information lists the population statistics and breakdown for the 50162 zip code. The total population is 1339, of which, 733 are male and 606 are female. With a total area of 132.121 square miles, the population density is 9.9 people per square mile. The median age of the population is 31.6 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
20111265
20121210
20131227
20141397
20151389
20161297
20171257
20181335
20191308
20201246
20211339

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 1128.4%
Age 5-914911.1%
Age 10-141219%
Age 15-19816%
Age 20-24433.2
Age 25-2913610.2%
Age 30-341279.5%
Age 35-39806%
Age 40-4479 5.9%
Age 45-49544%
Age 50-54564.2%
Age 55-591037.7%
Age 60-64513.8%
Age 65-69644.8%
Age 70-74272%
Age 75-79201.5%
Age 80-84282.1%
Age 85 and over80.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 0.4 %
  • Speaks Spanish: 0.2 %
  • Speaks Other Indo-European Language: 0.2 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 56.9 %
  • Divorced: 12.6 %
  • Separated (not divorced): 0.1 %
  • Never Married: 28 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 50162 zip code is $80625. This is -13.10% less than the national average. This income places 1.1% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $14632. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.003
$10,000.00 – $14,999.000
$15,000.00 – $24,999.008
$25,000.00 – $34,999.0031
$35,000.00 – $49,999.0024
$50,000.00 – $74,999.0076
$75,000.00 – $99,999.0064
$100,000.00 – $149,999.0075
$150,000.00 – $199,999,0028
$200,000.00 +14

YearMedian Family Income ($ USD)
201166000
201265000
201363357
201464716
201565980
201664318
201765625
201867426
201968869
202071635
202180625

Income Source# of Households
Wage or Salary455
Self Employment122
Social Security104
Dividends, Interest, or Rental112
Retirement72
Other90

Total Insured & Uninsured Individuals: 
  • Families Insure: 1316
  • Families Uninsured: 23
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 72
  • No retirement income: 454

Education

In the 50162 zip code, 97.7% of individuals over 25 years old have a high school degree or higher, and 23.3% have a bachelors degree or higher. Additionally, 10.6% of individuals 3 years and older are in private school, and 89.4% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 50162 zip, there are an estimated 753 people in the labor force, of which, 730 are employed, and 23 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 24.4 minutes. Of the total people that work, 61 worked from home and 723 commuted. The average number of hours worked is 44. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts249
Services102
Sales and Office121
Construction and Maintenance:88
Transportation and Material Moving170





Housing

The median home value for the 50162 zip code is 130800. There is an estimated  526 number of occupied housing units, the median gross rent in is $1122 per month, and the average monthly housing costs are estimated to be $1088. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,0007
$50,000 – $99,000112
$100,000 – $149,99984
$150,000 – $199,99957
$200,000 – $299,99976
$300,000 – $499,99918
$500,000 – $999,9999
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 20192
2000 – 200933
1980 – 199984
1960 – 1979142
1940 – 195960
1939 or earlier205

The median number of rooms in all housing units is 6.4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5003
$500 – $99926
$1,000 – $1,49978
$1,500 – $1,9990
$2,000 – $2,49927
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 30015
300-49976
500-79975
800-99936
1000-1499194
1500-199942
2000-249959
2500-29990
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%134
20%-24.9%45
25%-29.9%17
30%-34.9%8
35+%32



# of VehiclesHouseholds
None8
1149
2188
3+181
Home Heating Characteristics: 
  • Utility Gas: 40.3 %
  • Bottle Tank or LP Gas: 43.2 %
  • Electricity: 15.6 %
  • Oil or Kerosene etc: 0.4 %
  • Coal or Coke: 0 %
  • All Other: 0.6 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.