US ZIP Code
50588

Storm Lake, IA

Buena Vista County  ·  Iowa

● Active
👥 13,346 Population ↑ 6% since 2019
💰 $65,475 Median HH Income
▼ 14% below avg ↑ 18% since 2019
🎂 32.0 Median Age
🏠 $178,800 Median Home Value
▼ 36% below avg ↑ 34% since 2019
🎓 37.6% College Grads
≈ Avg
📊 3.3% Unemployment
▼ 33% below avg ↓ 53% since 2019
ZIP Code Details
ZIP Code50588
CityStorm Lake
StateIowa (IA)
CountyBuena Vista County
Area Code712
Elevation1,408 ft
Latitude42.654596
Longitude-95.161555
TimezoneChicago (DST)
FIPS19021
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 50.6% (6,752) Female 49.4% (6,594) ♀

Race & Ethnicity

White: 41.5%Hispanic: 37%Black: 3.2%Asian: 12.5%Other: 1.8%Race
White41.5%
Hispanic37.0%
Black3.2%
Asian12.5%
Other1.8%

Age Breakdown

Under 5
7%
5–17
20%
18–24
13%
25–44
26%
45–64
19%
65+
7%

Key Indicators

Median Age32.0 yrs
Avg Household Size2.66
Below Poverty8.0% ▼ 20% below avg
College Grads37.6% ≈ Avg
Unemployment3.3% ▼ 33% below avg
No HS Diploma567 (8.7%)
HS Graduate2,430 (37.1%)
Some College558 (8.5%)
Associates530 (8.1%)
Bachelors734 (11.2%)
Graduate Degree1,727 (26.4%)

Education

No HS: 8.7%HS Grad: 37.1%Some College: 8.5%Associates: 8.1%Bachelors: 11.2%Graduate: 26.4%Edu
No HS8.7%
HS Grad37.1%
Some College8.5%
Associates8.1%
Bachelors11.2%
Graduate26.4%
Housing & Income

Housing Tenure

Owner: 67%Renter: 33%Tenure
Owner67.0%
Renter33.0%

Home Value Distribution

Under $50k
1%
$50k–100k
12%
$100k–150k
29%
$150k–200k
16%
$200k–300k
22%
$300k–500k
15%
Over $500k
6%

Financials

Median HH Income$65,475 ▼ 14% below avg ↑ 18% since 2019
Median Home Value$178,800 ▼ 36% below avg ↑ 34% since 2019
Home/Income Ratio2.7x (nat avg ~3.5x)
Median Rent$836/mo ↑ 20% since 2019
Total Units5,040
Vacant Units347
Avg HH Size2.66

Income Distribution

Under $25k
13%
$25k–50k
20%
$50k–75k
21%
$75k–100k
13%
$100k–150k
19%
$150k–200k
9%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
82%
Walked
10%
Work From Home
8%

Commute Time

Under 15 min
80%
15–30 min
12%
30–45 min
4%
Over 45 min
4%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
20%
1960s–1970s
13%
1980s–1990s
4%
2000+
62%

Summary

Total Units5,040
Vacant347
Owner Occupied67.0%
Renter Occupied33.0%
Avg HH Size2.66
Frequently Asked Questions
ZIP code 50588 is in Storm Lake, IA, in Buena Vista County.
ZIP code 50588 is located in Iowa (IA).
ZIP code 50588 is in Buena Vista County, IA.
ZIP 50588 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 50588 is 13,346 people (ACS 2023).
The median household income in ZIP code 50588 is $65,475 (ACS 2023).
The median home value in ZIP 50588 is $178,800 (ACS 2023).
About ZIP Code 50588

ZIP code 50588 is located in Storm Lake, Iowa, within Buena Vista County. With a population of 13,346, this is a lightly populated ZIP code with a relatively young community — the median age is 32 years. Economically, 50588 is a solidly middle-class ZIP code: the median household income of $65,475 is near the national average.

Real estate in ZIP code 50588 represents an affordable housing market. The median home value of $178,800 is below the national average. Renters can expect to pay around $836 per month in median rent. Homeownership is strong here — 67.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 34% since 2019.

The population of 50588 is racially diverse, with White as the largest group at 41.5%. Residents are moderately educated — 37.6% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 8.0%. Household income has grown by 18% since 2019.

The unemployment rate in 50588 stands at 3.3%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 64%.

Overall, ZIP code 50588 in Storm Lake, IA is characterized as solidly middle-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 13,346 residents, a median household income of $65,475, and a median home value of $178,800, it offers a clear picture of life in this part of Iowa.