| ZIP Code | 50440 |
|---|---|
| City | Grafton |
| State | Iowa (IA) |
| County | Worth County |
| Area Code | 641 |
| Elevation | 1,214 ft |
| Latitude | 43.332371 |
|---|---|
| Longitude | -93.068984 |
| Timezone | Chicago (DST) |
| FIPS | 19195 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.9 yrs ↑ 17% since 2019 |
|---|---|
| Avg Household Size | 1.91 |
| Below Poverty | 9.8% ≈ Avg |
| College Grads | 47.9% ▲ 24% above avg |
| Unemployment | 5.1% ≈ Avg |
| HS Graduate | 62 (32.6%) |
| Some College | 11 (5.8%) |
| Associates | 26 (13.7%) |
| Bachelors | 60 (31.6%) |
| Graduate Degree | 31 (16.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,750 ▼ 23% below avg ↓ 23% since 2019 |
|---|---|
| Median Home Value | $99,300 ▼ 64% below avg ↓ 3% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $655/mo ↑ 36% since 2019 |
| Total Units | 159 |
| Vacant Units | 15 |
| Avg HH Size | 1.91 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 159 |
|---|---|
| Vacant | 15 |
| Owner Occupied | 70.8% |
| Renter Occupied | 29.2% |
| Avg HH Size | 1.91 |
ZIP code 50440 is located in Grafton, Iowa, within Worth County. With a population of 275, this is a sparsely populated ZIP code with a mature community — the median age is 49.9 years. Economically, 50440 is a solidly middle-class ZIP code: the median household income of $58,750 is below the national average.
Real estate in ZIP code 50440 represents one of the more affordable housing markets in the country. The median home value of $99,300 is well below the national average. Renters can expect to pay around $655 per month in median rent. Homeownership is strong here — 70.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 3% since 2019.
The population of 50440 is primarily White (96.36%). Residents are well-educated — 47.9% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 9.8%. Household income has declined by 23% since 2019.
The unemployment rate in 50440 stands at 5.1%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 81%.
Overall, ZIP code 50440 in Grafton, IA is characterized as solidly middle-class, well-educated, a mature community, and predominantly owner-occupied. With 275 residents, a median household income of $58,750, and a median home value of $99,300, it offers a clear picture of life in this part of Iowa.