US ZIP Code
50056

Colo, IA

Story County  ·  Iowa

● Active
👥 1,122 Population ↓ 24% since 2019
💰 $79,667 Median HH Income
≈ Avg ↑ 7% since 2019
🎂 40.8 Median Age ↑ 6% since 2019
🏠 $184,300 Median Home Value
▼ 34% below avg ↑ 38% since 2019
🎓 46.8% College Grads
▲ 21% above avg
📊 3.5% Unemployment
▼ 29% below avg ↓ 3% since 2019
ZIP Code Details
ZIP Code50056
CityColo
StateIowa (IA)
CountyStory County
Area Code641
Elevation1,068 ft
Latitude42.020712
Longitude-93.296127
TimezoneChicago (DST)
FIPS19169
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 51.0% (572) Female 49.0% (550) ♀

Race & Ethnicity

White: 96.5%Hispanic: 1.7%Asian: 0.9%Other: 0.9%Race
White96.5%
Hispanic1.7%
Asian0.9%
Other0.9%

Age Breakdown

Under 5
5%
5–17
17%
18–24
5%
25–44
26%
45–64
25%
65+
10%

Key Indicators

Median Age40.8 yrs ↑ 6% since 2019
Avg Household Size2.25
Below Poverty3.9% ▼ 61% below avg
College Grads46.8% ▲ 21% above avg
Unemployment3.5% ▼ 29% below avg
No HS Diploma6 (0.8%)
HS Graduate204 (25.6%)
Some College124 (15.6%)
Associates90 (11.3%)
Bachelors177 (22.2%)
Graduate Degree196 (24.6%)

Education

No HS: 0.8%HS Grad: 25.6%Some College: 15.6%Associates: 11.3%Bachelors: 22.2%Graduate: 24.6%Edu
No HS0.8%
HS Grad25.6%
Some College15.6%
Associates11.3%
Bachelors22.2%
Graduate24.6%
Housing & Income

Housing Tenure

Owner: 85.5%Renter: 14.5%Tenure
Owner85.5%
Renter14.5%

Home Value Distribution

Under $50k
4%
$50k–100k
9%
$100k–150k
23%
$150k–200k
23%
$200k–300k
26%
$300k–500k
11%
Over $500k
3%

Financials

Median HH Income$79,667 ≈ Avg ↑ 7% since 2019
Median Home Value$184,300 ▼ 34% below avg ↑ 38% since 2019
Home/Income Ratio2.3x (nat avg ~3.5x)
Median Rent$1,054/mo ↑ 17% since 2019
Total Units522
Vacant Units24
Avg HH Size2.25

Income Distribution

Under $25k
9%
$25k–50k
15%
$50k–75k
20%
$75k–100k
13%
$100k–150k
27%
$150k–200k
7%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
84%
Public Transit
1%
Work From Home
15%

Commute Time

Under 15 min
12%
15–30 min
45%
30–45 min
27%
Over 45 min
15%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
8%
1960s–1970s
10%
1980s–1990s
14%
2000+
67%

Summary

Total Units522
Vacant24
Owner Occupied85.5%
Renter Occupied14.5%
Avg HH Size2.25
Frequently Asked Questions
ZIP code 50056 is in Colo, IA, in Story County.
ZIP code 50056 is located in Iowa (IA).
ZIP code 50056 is in Story County, IA.
ZIP 50056 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 50056 is 1,122 people (ACS 2023).
The median household income in ZIP code 50056 is $79,667 (ACS 2023).
The median home value in ZIP 50056 is $184,300 (ACS 2023).
About ZIP Code 50056

ZIP code 50056 is located in Colo, Iowa, within Story County. With a population of 1,122, this is a sparsely populated ZIP code with a middle-aged community — the median age is 40.8 years. Economically, 50056 is a middle-income ZIP code: the median household income of $79,667 is near the national average.

Real estate in ZIP code 50056 represents an affordable housing market. The median home value of $184,300 is below the national average. Renters can expect to pay around $1,054 per month in median rent. Homeownership is strong here — 85.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 38% since 2019.

The population of 50056 is primarily White (96.52%). Residents are well-educated — 46.8% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 3.9%. Household income has grown by 7% since 2019.

The unemployment rate in 50056 stands at 3.5%, which is below the national average. About 15% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 81%.

Overall, ZIP code 50056 in Colo, IA is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 1,122 residents, a median household income of $79,667, and a median home value of $184,300, it offers a clear picture of life in this part of Iowa.