| ZIP Code | 50005 |
|---|---|
| City | Albion |
| State | Iowa (IA) |
| County | Marshall County |
| Area Code | 641 |
| Elevation | 891 ft |
| Latitude | 42.131988 |
|---|---|
| Longitude | -93.034602 |
| Timezone | Chicago (DST) |
| FIPS | 19127 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.8 yrs ↑ 18% since 2019 |
|---|---|
| Avg Household Size | 2.28 |
| Below Poverty | 4.6% ▼ 54% below avg |
| College Grads | 13.9% ▼ 64% below avg |
| Unemployment | 2.2% ▼ 56% below avg |
| No HS Diploma | 3 (0.4%) |
| HS Graduate | 483 (69.7%) |
| Some College | 55 (7.9%) |
| Associates | 56 (8.1%) |
| Bachelors | 56 (8.1%) |
| Graduate Degree | 40 (5.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,667 ▼ 18% below avg ↑ 10% since 2019 |
|---|---|
| Median Home Value | $129,500 ▼ 54% below avg ↑ 27% since 2019 |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $810/mo ↑ 9% since 2019 |
| Total Units | 436 |
| Vacant Units | 72 |
| Avg HH Size | 2.28 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 436 |
|---|---|
| Vacant | 72 |
| Owner Occupied | 94.5% |
| Renter Occupied | 5.5% |
| Avg HH Size | 2.28 |
ZIP code 50005 is located in Albion, Iowa, within Marshall County. With a population of 830, this is a sparsely populated ZIP code with a mature community — the median age is 48.8 years. Economically, 50005 is a solidly middle-class ZIP code: the median household income of $62,667 is below the national average.
Real estate in ZIP code 50005 represents one of the more affordable housing markets in the country. The median home value of $129,500 is well below the national average. Renters can expect to pay around $810 per month in median rent. Homeownership is strong here — 94.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 27% since 2019.
The population of 50005 is majority White (67.95%). Residents are less-educated — 13.9% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a relatively small share of residents at 4.6%. Household income has grown by 10% since 2019.
The unemployment rate in 50005 stands at 2.2%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 85%.
Overall, ZIP code 50005 in Albion, IA is characterized as solidly middle-class, less-educated, a mature community, and predominantly owner-occupied. With 830 residents, a median household income of $62,667, and a median home value of $129,500, it offers a clear picture of life in this part of Iowa.