| ZIP Code | 50703 |
|---|---|
| City | Waterloo |
| State | Iowa (IA) |
| County | Black Hawk County |
| Area Code | 319 |
| Elevation | 944 ft |
| Latitude | 42.548059 |
|---|---|
| Longitude | -92.286431 |
| Timezone | Chicago (DST) |
| FIPS | 19013 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.3 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.37 |
| Below Poverty | 18.3% ▲ 83% above avg |
| College Grads | 25.1% ▼ 35% below avg |
| Unemployment | 11.7% ▲ 138% above avg |
| No HS Diploma | 215 (2%) |
| HS Graduate | 4,048 (37.4%) |
| Some College | 1,914 (17.7%) |
| Associates | 1,935 (17.9%) |
| Bachelors | 1,246 (11.5%) |
| Graduate Degree | 1,466 (13.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $49,412 ▼ 35% below avg ↑ 42% since 2019 |
|---|---|
| Median Home Value | $92,500 ▼ 67% below avg ↑ 20% since 2019 |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $926/mo ↑ 19% since 2019 |
| Total Units | 8,705 |
| Vacant Units | 1,199 |
| Avg HH Size | 2.37 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,705 |
|---|---|
| Vacant | 1,199 |
| Owner Occupied | 57.7% |
| Renter Occupied | 42.3% |
| Avg HH Size | 2.37 |
ZIP code 50703 is located in Waterloo, Iowa, within Black Hawk County. With a population of 18,397, this is a moderately populated ZIP code with a relatively young community — the median age is 37.3 years. Economically, 50703 is a working-class ZIP code: the median household income of $49,412 is below the national average.
Real estate in ZIP code 50703 represents one of the more affordable housing markets in the country. The median home value of $92,500 is well 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 (57.7%) and renters (42.3%). Median home values have increased by 20% since 2019.
The population of 50703 is majority White (55.16%). Residents are moderately educated — 25.1% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 18.3%. Household income has grown by 42% since 2019.
The unemployment rate in 50703 stands at 11.7%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 50703 in Waterloo, IA is characterized as working-class, moderately educated, and a relatively young community. With 18,397 residents, a median household income of $49,412, and a median home value of $92,500, it offers a clear picture of life in this part of Iowa.