50450 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 50450 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIowa
CityLake Mills
Time ZoneAmerica/Chicago
Geo Location43.42171, -93.52389
Population2968
Size209.333 square miles
Median Family Income$80326.00
Median Home Value$121700.00

Population & Demographics

The following information lists the population statistics and breakdown for the 50450 zip code. The total population is 2968, of which, 1464 are male and 1504 are female. With a total area of 209.333 square miles, the population density is 13.5 people per square mile. The median age of the population is 42 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
20112722
20122524
20132681
20142458
20152571
20162646
20172671
20182705
20192826
20202890
20212968

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 1304.4%
Age 5-92277.6%
Age 10-141665.6%
Age 15-191976.6%
Age 20-241475
Age 25-291866.3%
Age 30-341986.7%
Age 35-391755.9%
Age 40-44122 4.1%
Age 45-491966.6%
Age 50-541675.6%
Age 55-592618.8%
Age 60-641535.2%
Age 65-691414.8%
Age 70-74883%
Age 75-791204%
Age 80-841525.1%
Age 85 and over1424.8%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 4.9 %
  • Speaks Spanish: 4.2 %
  • Speaks Other Indo-European Language: 0.5 %
  • Speaks Pacific Island Languages: 0.1 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 50.8 %
  • Divorced: 10.4 %
  • Separated (not divorced): 1 %
  • Never Married: 27.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 50450 zip code is $80326. This is 0.22% greater than the national average. This income places 6.3% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $14869. 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 $10,000.0018
$10,000.00 – $14,999.0021
$15,000.00 – $24,999.0010
$25,000.00 – $34,999.0055
$35,000.00 – $49,999.00105
$50,000.00 – $74,999.00153
$75,000.00 – $99,999.00138
$100,000.00 – $149,999.00216
$150,000.00 – $199,999,0041
$200,000.00 +31

YearMedian Family Income ($ USD)
201161467
201262400
201360391
201462500
201564500
201672986
201775493
201881250
201977115
202075238
202180326

Income Source# of Households
Wage or Salary871
Self Employment110
Social Security498
Dividends, Interest, or Rental348
Retirement375
Other189

Total Insured & Uninsured Individuals: 
  • Families Insure: 2779
  • Families Uninsured: 151
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 375
  • No retirement income: 858

Education

In the 50450 zip code, 94.7% of individuals over 25 years old have a high school degree or higher, and 18.7% have a bachelors degree or higher. Additionally, 2.8% of individuals 3 years and older are in private school, and 97.2% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 50450 zip, there are an estimated 1557 people in the labor force, of which, 1538 are employed, and 19 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 16.3 minutes. Of the total people that work, 93 worked from home and 1474 commuted. The average number of hours worked is 38. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts455
Services257
Sales and Office252
Construction and Maintenance:169
Transportation and Material Moving405





Housing

The median home value for the 50450 zip code is 121700. There is an estimated  1233 number of occupied housing units, the median gross rent in is $639 per month, and the average monthly housing costs are estimated to be $676. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00035
$50,000 – $99,000314
$100,000 – $149,999208
$150,000 – $199,999148
$200,000 – $299,99996
$300,000 – $499,99996
$500,000 – $999,9994
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201910
2000 – 2009104
1980 – 1999182
1960 – 1979418
1940 – 1959134
1939 or earlier385

The median number of rooms in all housing units is 6.2 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50097
$500 – $999198
$1,000 – $1,49915
$1,500 – $1,9995
$2,000 – $2,4995
$2,499 – $2,9990
$3,000 + 6

Monthly Housing Costs ($)Number of Households
Less than 30048
300-499347
500-799284
800-999200
1000-1499234
1500-199942
2000-249954
2500-29995
3000+13

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%305
20%-24.9%101
25%-29.9%16
30%-34.9%19
35+%31



# of VehiclesHouseholds
None87
1349
2558
3+239
Home Heating Characteristics: 
  • Utility Gas: 55.7 %
  • Bottle Tank or LP Gas: 21.7 %
  • Electricity: 20 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 2.3 %

Related Zip Codes


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