US ZIP Code
50701

Waterloo, IA

Black Hawk County  ·  Iowa

● Active
👥 29,745 Population ↓ 3% since 2019
💰 $62,857 Median HH Income
▼ 18% below avg ↑ 11% since 2019
🎂 37.8 Median Age ↓ 2% since 2019
🏠 $183,400 Median Home Value
▼ 34% below avg ↑ 21% since 2019
🎓 43.2% College Grads
▲ 11% above avg
📊 3.7% Unemployment
▼ 25% below avg ↓ 13% since 2019
ZIP Code Details
ZIP Code50701
CityWaterloo
StateIowa (IA)
CountyBlack Hawk County
Area Code319
Elevation891 ft
Latitude42.417552
Longitude-92.344572
TimezoneChicago (DST)
FIPS19013
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 49.2% (14,643) Female 50.8% (15,102) ♀

Race & Ethnicity

White: 78.5%Hispanic: 3.1%Black: 10.9%Asian: 2.6%Other: 4.2%Race
White78.5%
Hispanic3.1%
Black10.9%
Asian2.6%
Other4.2%

Age Breakdown

Under 5
7%
5–17
16%
18–24
8%
25–44
27%
45–64
23%
65+
9%

Key Indicators

Median Age37.8 yrs ↓ 2% since 2019
Avg Household Size2.23
Below Poverty15.7% ▲ 57% above avg
College Grads43.2% ▲ 11% above avg
Unemployment3.7% ▼ 25% below avg
No HS Diploma274 (1.4%)
HS Graduate5,920 (30.2%)
Some College2,141 (10.9%)
Associates2,821 (14.4%)
Bachelors2,583 (13.2%)
Graduate Degree5,892 (30%)

Education

No HS: 1.4%HS Grad: 30.2%Some College: 10.9%Associates: 14.4%Bachelors: 13.2%Graduate: 30%Edu
No HS1.4%
HS Grad30.2%
Some College10.9%
Associates14.4%
Bachelors13.2%
Graduate30.0%
Housing & Income

Housing Tenure

Owner: 67.1%Renter: 32.9%Tenure
Owner67.1%
Renter32.9%

Home Value Distribution

Under $50k
6%
$50k–100k
7%
$100k–150k
21%
$150k–200k
24%
$200k–300k
28%
$300k–500k
11%
Over $500k
4%

Financials

Median HH Income$62,857 ▼ 18% below avg ↑ 11% since 2019
Median Home Value$183,400 ▼ 34% below avg ↑ 21% since 2019
Home/Income Ratio2.9x (nat avg ~3.5x)
Median Rent$846/mo ↑ 11% since 2019
Total Units14,530
Vacant Units1,317
Avg HH Size2.23

Income Distribution

Under $25k
18%
$25k–50k
20%
$50k–75k
19%
$75k–100k
13%
$100k–150k
16%
$150k–200k
8%
Over $200k
7%
Employment & Commute

How People Get to Work

Drove Alone
88%
Public Transit
0%
Walked
2%
Work From Home
9%

Commute Time

Under 15 min
53%
15–30 min
39%
30–45 min
5%
Over 45 min
3%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
19%
1960s–1970s
15%
1980s–1990s
6%
2000+
56%

Summary

Total Units14,530
Vacant1,317
Owner Occupied67.1%
Renter Occupied32.9%
Avg HH Size2.23
Frequently Asked Questions
ZIP code 50701 is in Waterloo, IA, in Black Hawk County.
ZIP code 50701 is located in Iowa (IA).
ZIP code 50701 is in Black Hawk County, IA.
ZIP 50701 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 50701 is 29,745 people (ACS 2023).
The median household income in ZIP code 50701 is $62,857 (ACS 2023).
The median home value in ZIP 50701 is $183,400 (ACS 2023).
About ZIP Code 50701

ZIP code 50701 is located in Waterloo, Iowa, within Black Hawk County. With a population of 29,745, this is a moderately populated ZIP code with a relatively young community — the median age is 37.8 years. Economically, 50701 is a solidly middle-class ZIP code: the median household income of $62,857 is below the national average.

Real estate in ZIP code 50701 represents an affordable housing market. The median home value of $183,400 is below the national average. Renters can expect to pay around $846 per month in median rent. Homeownership is strong here — 67.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 21% since 2019.

The population of 50701 is primarily White (78.48%). Residents are well-educated — 43.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 15.7%. Household income has grown by 11% since 2019.

The unemployment rate in 50701 stands at 3.7%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.

Overall, ZIP code 50701 in Waterloo, IA is characterized as solidly middle-class, well-educated, a relatively young community, and predominantly owner-occupied. With 29,745 residents, a median household income of $62,857, and a median home value of $183,400, it offers a clear picture of life in this part of Iowa.