Latest available · Census ACS 5-Year (2023)
What Is the Average Rent in ZCTA5 50420, Iowa?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 50420, Iowa (ZIP 50420) is $394/month (±$59), based on Census ACS 5-Year estimates (2023). The median home value is $77,500 (±$60,211), and the median household income is $76,169/year. The unemployment rate in Franklin County, Iowa was 2.5% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2023 5-Year Estimates.
Housing Metrics for ZIP 50420
| Metric | Value |
|---|---|
| Median Gross Rent | $394 |
| Median Home Value | $77,500 |
| Median Household Income | $76,169 |
| Total Housing Units | 167 |
| Renter-Occupied Units | 52 |
| Renter-Occupied Share | 31% |
| Households Paying 50%+ Income | 1 households |
| Unemployment Rate(April 2026) | 2.5% |
How does ZIP 50420 compare?
Median gross rent ranked against all ZIP codes in Iowa.
Higher rent than 1% of ZIP codes in Iowa · 787th of 792
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 50151 | $1,703 |
| 2 | ZCTA5 50654 | $1,594 |
| 3 | ZCTA5 52756 | $1,479 |
| … 783 more … | ||
| 787 | ZCTA5 50420(you are here) | $394 |
| … 2 more … | ||
| 790 | ZCTA5 50611 | $375 |
| 791 | ZCTA5 52160 | $345 |
| 792 | ZCTA5 51451 | $338 |
Geography
ZIP 50420 is in Franklin County, Iowa.
It covers part of Alexander city, Iowa.
More data for ZCTA5 50420
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Frequently asked questions
What is the average rent in ZCTA5 50420, Iowa?
The median gross rent in ZCTA5 50420, Iowa (ZIP 50420) is $394/month, based on Census ACS 5-Year estimates (2023). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2023.
What is the average rent for a 2-bedroom in ZCTA5 50420, Iowa?
The median rent for a 2-bedroom in ZCTA5 50420, Iowa is not available based on Census ACS 5-Year estimates (2023). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2023.
What is the median home value in ZCTA5 50420, Iowa?
The median home value in ZCTA5 50420, Iowa (ZIP 50420) is $77,500 according to Census ACS 5-Year estimates (2023).
What percentage of renters in ZCTA5 50420 are rent-burdened?
In ZCTA5 50420, Iowa, 1 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 50420, Iowa?
The median household income in ZCTA5 50420, Iowa is $76,169/year according to Census ACS 5-Year estimates (2023).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $394 has a margin of error of ±$59. In very small areas, MOEs can be large relative to the estimate.
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