| ZIP Code | 50542 |
|---|---|
| City | Goldfield |
| State | Iowa (IA) |
| County | Wright County |
| Area Code | 515 |
| Elevation | 1,139 ft |
| Latitude | 42.782976 |
|---|---|
| Longitude | -93.942692 |
| Timezone | Chicago (DST) |
| FIPS | 19197 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.7 yrs ↑ 10% since 2019 |
|---|---|
| Avg Household Size | 2.29 |
| Below Poverty | 9.3% ≈ Avg |
| College Grads | 34.1% ▼ 12% below avg |
| Unemployment | 0.0% ▼ 100% below avg |
| No HS Diploma | 3 (0.5%) |
| HS Graduate | 229 (35.6%) |
| Some College | 117 (18.2%) |
| Associates | 75 (11.7%) |
| Bachelors | 76 (11.8%) |
| Graduate Degree | 143 (22.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,708 ▼ 11% below avg ↑ 7% since 2019 |
|---|---|
| Median Home Value | $118,200 ▼ 58% below avg ↑ 76% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $535/mo ↓ 15% since 2019 |
| Total Units | 434 |
| Vacant Units | 53 |
| Avg HH Size | 2.29 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 434 |
|---|---|
| Vacant | 53 |
| Owner Occupied | 84.5% |
| Renter Occupied | 15.5% |
| Avg HH Size | 2.29 |
ZIP code 50542 is located in Goldfield, Iowa, within Wright County. With a population of 873, this is a sparsely populated ZIP code with a mature community — the median age is 47.7 years. Economically, 50542 is a solidly middle-class ZIP code: the median household income of $67,708 is near the national average.
Real estate in ZIP code 50542 represents one of the more affordable housing markets in the country. The median home value of $118,200 is well below the national average. Renters can expect to pay around $535 per month in median rent. Homeownership is strong here — 84.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 76% since 2019.
The population of 50542 is primarily White (90.49%). Residents are moderately educated — 34.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 9.3%. Household income has grown by 7% since 2019.
About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 82%.
Overall, ZIP code 50542 in Goldfield, IA is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 873 residents, a median household income of $67,708, and a median home value of $118,200, it offers a clear picture of life in this part of Iowa.