| ZIP Code | 50847 |
|---|---|
| City | Grant |
| State | Iowa (IA) |
| County | Montgomery County |
| Area Code | 712 |
| Elevation | 1,165 ft |
| Latitude | 41.141664 |
|---|---|
| Longitude | -94.983877 |
| Timezone | Chicago (DST) |
| FIPS | 19137 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.4 yrs ↑ 30% since 2019 |
|---|---|
| Avg Household Size | 1.82 |
| Below Poverty | 22.5% ▲ 125% above avg |
| College Grads | 15.2% ▼ 61% below avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 14 (42.4%) |
| Some College | 9 (27.3%) |
| Associates | 5 (15.2%) |
| Bachelors | 1 (3%) |
| Graduate Degree | 4 (12.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $63,750 ▼ 16% below avg ↑ 76% since 2019 |
|---|---|
| Median Home Value | $57,500 ▼ 79% below avg ↑ 56% since 2019 |
| Home/Income Ratio | 0.9x (nat avg ~3.5x) |
| Total Units | 22 |
| Avg HH Size | 1.82 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 22 |
|---|---|
| Owner Occupied | 86.4% |
| Renter Occupied | 13.6% |
| Avg HH Size | 1.82 |
ZIP code 50847 is located in Grant, Iowa, within Montgomery County. With a population of 40, this is a sparsely populated ZIP code with a mature community — the median age is 52.4 years. Economically, 50847 is a solidly middle-class ZIP code: the median household income of $63,750 is below the national average.
Real estate in ZIP code 50847 represents one of the more affordable housing markets in the country. The median home value of $57,500 is well below the national average. Homeownership is strong here — 86.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 56% since 2019.
The population of 50847 is primarily White (97.50%). Residents are less-educated — 15.2% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 22.5%. Household income has grown by 76% since 2019.
Overall, ZIP code 50847 in Grant, IA is characterized as solidly middle-class, less-educated, a mature community, and predominantly owner-occupied. With 40 residents, a median household income of $63,750, and a median home value of $57,500, it offers a clear picture of life in this part of Iowa.