| ZIP Code | 50702 |
|---|---|
| City | Waterloo |
| State | Iowa (IA) |
| County | Black Hawk County |
| Area Code | 319 |
| Elevation | 846 ft |
| Latitude | 42.461502 |
|---|---|
| Longitude | -92.313745 |
| Timezone | Chicago (DST) |
| FIPS | 19013 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.0 yrs ↓ 4% since 2019 |
|---|---|
| Avg Household Size | 2.33 |
| Below Poverty | 12.6% ▲ 26% above avg |
| College Grads | 32.9% ▼ 15% below avg |
| Unemployment | 5.2% ≈ Avg |
| No HS Diploma | 290 (2.3%) |
| HS Graduate | 4,494 (36%) |
| Some College | 1,460 (11.7%) |
| Associates | 2,138 (17.1%) |
| Bachelors | 1,289 (10.3%) |
| Graduate Degree | 2,822 (22.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $59,784 ▼ 22% below avg ↑ 21% since 2019 |
|---|---|
| Median Home Value | $145,800 ▼ 48% below avg ↑ 25% since 2019 |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $926/mo ↑ 23% since 2019 |
| Total Units | 9,722 |
| Vacant Units | 713 |
| Avg HH Size | 2.33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 9,722 |
|---|---|
| Vacant | 713 |
| Owner Occupied | 59.5% |
| Renter Occupied | 40.6% |
| Avg HH Size | 2.33 |
ZIP code 50702 is located in Waterloo, Iowa, within Black Hawk County. With a population of 21,197, this is a moderately populated ZIP code with a relatively young community — the median age is 36 years. Economically, 50702 is a solidly middle-class ZIP code: the median household income of $59,784 is below the national average.
Real estate in ZIP code 50702 represents one of the more affordable housing markets in the country. The median home value of $145,800 is below the national average. Renters can expect to pay around $926 per month in median rent. The area has a relatively balanced mix of owners (59.5%) and renters (40.6%). Median home values have increased by 25% since 2019.
The population of 50702 is majority White (67.81%). Residents are moderately educated — 32.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 12.6%. Household income has grown by 21% since 2019.
The unemployment rate in 50702 stands at 5.2%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 50702 in Waterloo, IA is characterized as solidly middle-class, moderately educated, and a relatively young community. With 21,197 residents, a median household income of $59,784, and a median home value of $145,800, it offers a clear picture of life in this part of Iowa.