| ZIP Code | 51047 |
|---|---|
| City | Peterson |
| State | Iowa (IA) |
| County | Clay County |
| Area Code | 712 |
| Elevation | 1,363 ft |
| Latitude | 42.942362 |
|---|---|
| Longitude | -95.36954 |
| Timezone | Chicago (DST) |
| FIPS | 19041 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.5 yrs ↑ 9% since 2019 |
|---|---|
| Avg Household Size | 2.27 |
| Below Poverty | 4.3% ▼ 57% below avg |
| College Grads | 50.3% ▲ 30% above avg |
| Unemployment | 0.0% ▼ 100% below avg |
| No HS Diploma | 3 (0.6%) |
| HS Graduate | 144 (27.9%) |
| Some College | 45 (8.7%) |
| Associates | 65 (12.6%) |
| Bachelors | 129 (25%) |
| Graduate Degree | 131 (25.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $93,125 ▲ 22% above avg ↑ 43% since 2019 |
|---|---|
| Median Home Value | $130,500 ▼ 53% below avg ↑ 54% since 2019 |
| Home/Income Ratio | 1.4x (nat avg ~3.5x) |
| Median Rent | $800/mo ↑ 19% since 2019 |
| Total Units | 398 |
| Vacant Units | 79 |
| Avg HH Size | 2.27 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 398 |
|---|---|
| Vacant | 79 |
| Owner Occupied | 90.0% |
| Renter Occupied | 10.0% |
| Avg HH Size | 2.27 |
ZIP code 51047 is located in Peterson, Iowa, within Clay County. With a population of 739, this is a sparsely populated ZIP code with a mature community — the median age is 47.5 years. Economically, 51047 is a middle-income ZIP code: the median household income of $93,125 is above the national average.
Real estate in ZIP code 51047 represents one of the more affordable housing markets in the country. The median home value of $130,500 is well below the national average. Renters can expect to pay around $800 per month in median rent. Homeownership is strong here — 90.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 54% since 2019.
The population of 51047 is primarily White (94.18%). Residents are well-educated — 50.3% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 4.3%. Household income has grown by 43% since 2019.
About 21% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 71%.
Overall, ZIP code 51047 in Peterson, IA is characterized as middle-income, well-educated, a mature community, and predominantly owner-occupied. With 739 residents, a median household income of $93,125, and a median home value of $130,500, it offers a clear picture of life in this part of Iowa.