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ZIP CODE TABULATION AREA

50240

Iowa · 2,393 residents · 75.3 sq mi
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ZIP 50240 is home to 2,393 people in Madison County. Owners hold 87% of the housing stock. At a median age of 43.6, this is an older place than the country as a whole. 2% of people in this ZIP code were born outside the United States. Density works out to 32 people per square mile. The poverty rate is 4.4%, under the national 12.5%. Among the 12 ZIP codes in Madison County, 50240 ranks 4th by median household income.

$107,563
US average: $82,259
$45,732
US average: $44,673
$305,800
US average: $376,019
30.5%
US average: 35.6%
Land area
75.3 sq mi
Age, sex & households
Under 18
21.0%
Age 65+
18.9%
50.3%
49.7%
2.78 people
Race & ethnicity · 2024
2024
White, non-Hispanic89.1%(2,131)
Black0%(0)
Hispanic / Latino7.7%(185)
Asian0%(0)
Other3.2%(77)
25
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Housing
2.8
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Within Madison County
Income rank vs other ZIPs
LOWEST4TH OF 12HIGHEST
Adjacent ZIPs
50033$56,250
50061$130,714
50070$92,083
50072$111,250
Frequently asked

How many people live in ZIP code 50240?

ZIP code 50240 has about 2,393 residents according to the 2024 American Community Survey.

What is the median household income in ZIP code 50240?

The typical household in ZIP code 50240 earns about $107,563 a year. Half of households make more than that, and half make less.

Is ZIP code 50240 expensive?

In ZIP code 50240, the median home is worth about $305,800, and the typical rent is about $855 a month.

How educated are people in ZIP code 50240?

About 30.5% of adults age 25 and over in ZIP code 50240 hold a bachelor's degree or higher.

What is the poverty rate in ZIP code 50240?

About 4.4% of people in ZIP code 50240 live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR · ZCTA · UPDATED 2024