US ZIP Code
50008

Allerton, IA

Wayne County  ·  Iowa

● Active
👥 759 Population ↓ 10% since 2019
💰 $77,083 Median HH Income
≈ Avg ↑ 92% since 2019
🎂 47.9 Median Age ↑ 9% since 2019
🏠 $122,500 Median Home Value
▼ 56% below avg ↑ 87% since 2019
🎓 36.2% College Grads
≈ Avg
📊 2.0% Unemployment
▼ 60% below avg ↑ 105% since 2019
ZIP Code Details
ZIP Code50008
CityAllerton
StateIowa (IA)
CountyWayne County
Area Code641
Elevation1,103 ft
Latitude40.672937
Longitude-93.386227
TimezoneChicago (DST)
FIPS19185
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 50.6% (384) Female 49.4% (375) ♀

Race & Ethnicity

White: 94.3%Other: 5.7%Race
White94.3%
Other5.7%

Age Breakdown

Under 5
2%
5–17
19%
18–24
11%
25–44
16%
45–64
31%
65+
9%

Key Indicators

Median Age47.9 yrs ↑ 9% since 2019
Avg Household Size2.39
Below Poverty13.7% ▲ 37% above avg
College Grads36.2% ≈ Avg
Unemployment2.0% ▼ 60% below avg
HS Graduate169 (32.8%)
Some College64 (12.4%)
Associates96 (18.6%)
Bachelors96 (18.6%)
Graduate Degree91 (17.6%)

Education

HS Grad: 32.8%Some College: 12.4%Associates: 18.6%Bachelors: 18.6%Graduate: 17.6%Edu
HS Grad32.8%
Some College12.4%
Associates18.6%
Bachelors18.6%
Graduate17.6%
Housing & Income

Housing Tenure

Owner: 87.4%Renter: 12.6%Tenure
Owner87.4%
Renter12.6%

Home Value Distribution

Under $50k
16%
$50k–100k
23%
$100k–150k
22%
$150k–200k
3%
$200k–300k
17%
$300k–500k
15%
Over $500k
4%

Financials

Median HH Income$77,083 ≈ Avg ↑ 92% since 2019
Median Home Value$122,500 ▼ 56% below avg ↑ 87% since 2019
Home/Income Ratio1.6x (nat avg ~3.5x)
Median Rent$583/mo ↑ 26% since 2019
Total Units355
Vacant Units38
Avg HH Size2.39

Income Distribution

Under $25k
6%
$25k–50k
26%
$50k–75k
13%
$75k–100k
23%
$100k–150k
22%
$150k–200k
7%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
77%
Walked
15%
Work From Home
8%

Commute Time

Under 15 min
52%
15–30 min
25%
30–45 min
13%
Over 45 min
10%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
10%
1960s–1970s
8%
1980s–1990s
12%
2000+
66%

Summary

Total Units355
Vacant38
Owner Occupied87.4%
Renter Occupied12.6%
Avg HH Size2.39
Frequently Asked Questions
ZIP code 50008 is in Allerton, IA, in Wayne County.
ZIP code 50008 is located in Iowa (IA).
ZIP code 50008 is in Wayne County, IA.
ZIP 50008 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 50008 is 759 people (ACS 2023).
The median household income in ZIP code 50008 is $77,083 (ACS 2023).
The median home value in ZIP 50008 is $122,500 (ACS 2023).
About ZIP Code 50008

ZIP code 50008 is located in Allerton, Iowa, within Wayne County. With a population of 759, this is a sparsely populated ZIP code with a mature community — the median age is 47.9 years. Economically, 50008 is a middle-income ZIP code: the median household income of $77,083 is near the national average.

Real estate in ZIP code 50008 represents one of the more affordable housing markets in the country. The median home value of $122,500 is well below the national average. Renters can expect to pay around $583 per month in median rent. Homeownership is strong here — 87.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 87% since 2019.

The population of 50008 is primarily White (94.33%). Residents are moderately educated — 36.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 13.7%. Household income has grown by 92% since 2019.

The unemployment rate in 50008 stands at 2.0%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 70%.

Overall, ZIP code 50008 in Allerton, IA is characterized as middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 759 residents, a median household income of $77,083, and a median home value of $122,500, it offers a clear picture of life in this part of Iowa.