| ZIP Code | 50602 |
|---|---|
| City | Allison |
| State | Iowa (IA) |
| County | Butler County |
| Area Code | 319 |
| Elevation | 1,025 ft |
| Latitude | 42.741575 |
|---|---|
| Longitude | -92.805699 |
| Timezone | Chicago (DST) |
| FIPS | 19023 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.1 yrs ↑ 8% since 2019 |
|---|---|
| Avg Household Size | 2.16 |
| Below Poverty | 7.7% ▼ 24% below avg |
| College Grads | 29.3% ▼ 24% below avg |
| Unemployment | 3.1% ▼ 36% below avg |
| No HS Diploma | 12 (1.3%) |
| HS Graduate | 369 (38.7%) |
| Some College | 181 (19%) |
| Associates | 112 (11.8%) |
| Bachelors | 115 (12.1%) |
| Graduate Degree | 164 (17.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $64,722 ▼ 15% below avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $103,600 ▼ 63% below avg |
| Home/Income Ratio | 1.6x (nat avg ~3.5x) |
| Median Rent | $615/mo ↑ 19% since 2019 |
| Total Units | 675 |
| Vacant Units | 59 |
| Avg HH Size | 2.16 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 675 |
|---|---|
| Vacant | 59 |
| Owner Occupied | 75.0% |
| Renter Occupied | 25.0% |
| Avg HH Size | 2.16 |
ZIP code 50602 is located in Allison, Iowa, within Butler County. With a population of 1,372, this is a sparsely populated ZIP code with a mature community — the median age is 47.1 years. Economically, 50602 is a solidly middle-class ZIP code: the median household income of $64,722 is below the national average.
Real estate in ZIP code 50602 represents one of the more affordable housing markets in the country. The median home value of $103,600 is well below the national average. Renters can expect to pay around $615 per month in median rent. Homeownership is strong here — 75.0% of occupied units are owner-occupied, suggesting an established, stable residential community.
The population of 50602 is primarily White (96.87%). Residents are moderately educated — 29.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 7.7%. Household income has grown by 16% since 2019.
The unemployment rate in 50602 stands at 3.1%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 81%.
Overall, ZIP code 50602 in Allison, IA is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 1,372 residents, a median household income of $64,722, and a median home value of $103,600, it offers a clear picture of life in this part of Iowa.