| ZIP Code | 50861 |
|---|---|
| City | Shannon City |
| State | Iowa (IA) |
| County | Union County |
| Area Code | 641 |
| Elevation | 1,189 ft |
| Latitude | 40.908431 |
|---|---|
| Longitude | -94.255922 |
| Timezone | Chicago (DST) |
| FIPS | 19175 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.2 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.22 |
| Below Poverty | 2.7% ▼ 73% below avg |
| College Grads | 51.0% ▲ 32% above avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 44 (22.9%) |
| Some College | 32 (16.7%) |
| Associates | 18 (9.4%) |
| Bachelors | 53 (27.6%) |
| Graduate Degree | 45 (23.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $90,139 ▲ 18% above avg ↑ 27% since 2019 |
|---|---|
| Median Home Value | $90,000 ▼ 68% below avg ↓ 16% since 2019 |
| Home/Income Ratio | 1.0x (nat avg ~3.5x) |
| Median Rent | $1,068/mo ↑ 41% since 2019 |
| Total Units | 128 |
| Vacant Units | 11 |
| Avg HH Size | 2.22 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 128 |
|---|---|
| Vacant | 11 |
| Owner Occupied | 82.1% |
| Renter Occupied | 18.0% |
| Avg HH Size | 2.22 |
ZIP code 50861 is located in Shannon City, Iowa, within Union County. With a population of 260, this is a sparsely populated ZIP code with a mature community — the median age is 54.2 years. Economically, 50861 is a middle-income ZIP code: the median household income of $90,139 is above the national average.
Real estate in ZIP code 50861 represents one of the more affordable housing markets in the country. The median home value of $90,000 is well below the national average. Renters can expect to pay around $1,068 per month in median rent. Homeownership is strong here — 82.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 16% since 2019.
The population of 50861 is primarily White (86.92%). Residents are well-educated — 51.0% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 2.7%. Household income has grown by 27% since 2019.
As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 50861 in Shannon City, IA is characterized as middle-income, well-educated, a mature community, and predominantly owner-occupied. With 260 residents, a median household income of $90,139, and a median home value of $90,000, it offers a clear picture of life in this part of Iowa.