| ZIP Code | 51240 |
|---|---|
| City | Inwood |
| State | Iowa (IA) |
| County | Lyon County |
| Area Code | 712 |
| Elevation | 1,437 ft |
| Latitude | 43.309361 |
|---|---|
| Longitude | -96.458419 |
| Timezone | Chicago (DST) |
| FIPS | 19119 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 34.5 yrs ↑ 10% since 2019 |
|---|---|
| Avg Household Size | 2.81 |
| Below Poverty | 3.3% ▼ 67% below avg |
| College Grads | 33.7% ▼ 13% below avg |
| Unemployment | 2.8% ▼ 43% below avg |
| No HS Diploma | 6 (0.6%) |
| HS Graduate | 362 (34.4%) |
| Some College | 161 (15.3%) |
| Associates | 169 (16.1%) |
| Bachelors | 158 (15%) |
| Graduate Degree | 196 (18.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $80,948 ≈ Avg ↑ 18% since 2019 |
|---|---|
| Median Home Value | $193,600 ▼ 31% below avg ↑ 28% since 2019 |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,167/mo ↑ 24% since 2019 |
| Total Units | 685 |
| Vacant Units | 43 |
| Avg HH Size | 2.81 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 685 |
|---|---|
| Vacant | 43 |
| Owner Occupied | 86.6% |
| Renter Occupied | 13.4% |
| Avg HH Size | 2.81 |
ZIP code 51240 is located in Inwood, Iowa, within Lyon County. With a population of 1,842, this is a sparsely populated ZIP code with a relatively young community — the median age is 34.5 years. Economically, 51240 is a middle-income ZIP code: the median household income of $80,948 is near the national average.
Real estate in ZIP code 51240 represents an affordable housing market. The median home value of $193,600 is below the national average. Renters can expect to pay around $1,167 per month in median rent. Homeownership is strong here — 86.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 28% since 2019.
The population of 51240 is primarily White (93.54%). Residents are moderately educated — 33.7% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 3.3%. Household income has grown by 18% since 2019.
The unemployment rate in 51240 stands at 2.8%, which is below the national average. About 17% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 75%.
Overall, ZIP code 51240 in Inwood, IA is characterized as middle-income, moderately educated, a relatively young community, and predominantly owner-occupied. With 1,842 residents, a median household income of $80,948, and a median home value of $193,600, it offers a clear picture of life in this part of Iowa.