| ZIP Code | 50450 |
|---|---|
| City | Lake Mills |
| State | Iowa (IA) |
| County | Winnebago County |
| Area Code | 641 |
| Elevation | 1,267 ft |
| Latitude | 43.421201 |
|---|---|
| Longitude | -93.522214 |
| Timezone | Chicago (DST) |
| FIPS | 19189 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.5 yrs ↑ 10% since 2019 |
|---|---|
| Avg Household Size | 2.19 |
| Below Poverty | 10.6% ≈ Avg |
| College Grads | 37.7% ≈ Avg |
| Unemployment | 2.0% ▼ 59% below avg |
| No HS Diploma | 8 (0.4%) |
| HS Graduate | 699 (32.5%) |
| Some College | 300 (13.9%) |
| Associates | 333 (15.5%) |
| Bachelors | 413 (19.2%) |
| Graduate Degree | 399 (18.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $76,522 ≈ Avg ↑ 48% since 2019 |
|---|---|
| Median Home Value | $157,500 ▼ 44% below avg ↑ 52% since 2019 |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $640/mo ↑ 4% since 2019 |
| Total Units | 1,489 |
| Vacant Units | 144 |
| Avg HH Size | 2.19 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,489 |
|---|---|
| Vacant | 144 |
| Owner Occupied | 74.1% |
| Renter Occupied | 26.0% |
| Avg HH Size | 2.19 |
ZIP code 50450 is located in Lake Mills, Iowa, within Winnebago County. With a population of 3,001, this is a sparsely populated ZIP code with a mature community — the median age is 45.5 years. Economically, 50450 is a middle-income ZIP code: the median household income of $76,522 is near the national average.
Real estate in ZIP code 50450 represents an affordable housing market. The median home value of $157,500 is below the national average. Renters can expect to pay around $640 per month in median rent. Homeownership is strong here — 74.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 52% since 2019.
The population of 50450 is primarily White (92.80%). Residents are moderately educated — 37.7% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 10.6%. Household income has grown by 48% since 2019.
The unemployment rate in 50450 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 82%.
Overall, ZIP code 50450 in Lake Mills, IA is characterized as middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 3,001 residents, a median household income of $76,522, and a median home value of $157,500, it offers a clear picture of life in this part of Iowa.