| ZIP Code | 51301 |
|---|---|
| City | Spencer |
| State | Iowa (IA) |
| County | Clay County |
| Area Code | 712 |
| Elevation | 1,303 ft |
| Latitude | 43.153092 |
|---|---|
| Longitude | -95.149793 |
| Timezone | Chicago (DST) |
| FIPS | 19041 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.5 yrs ↓ 5% since 2019 |
|---|---|
| Avg Household Size | 2.17 |
| Below Poverty | 12.7% ▲ 27% above avg |
| College Grads | 41.2% ≈ Avg |
| Unemployment | 4.7% ≈ Avg |
| No HS Diploma | 60 (0.7%) |
| HS Graduate | 2,703 (32.1%) |
| Some College | 1,192 (14.2%) |
| Associates | 1,000 (11.9%) |
| Bachelors | 1,093 (13%) |
| Graduate Degree | 2,374 (28.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,175 ▼ 20% below avg ↑ 29% since 2019 |
|---|---|
| Median Home Value | $180,400 ▼ 35% below avg ↑ 37% since 2019 |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $796/mo ↑ 15% since 2019 |
| Total Units | 6,096 |
| Vacant Units | 540 |
| Avg HH Size | 2.17 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 6,096 |
|---|---|
| Vacant | 540 |
| Owner Occupied | 69.5% |
| Renter Occupied | 30.5% |
| Avg HH Size | 2.17 |
ZIP code 51301 is located in Spencer, Iowa, within Clay County. With a population of 12,402, this is a lightly populated ZIP code with a middle-aged community — the median age is 41.5 years. Economically, 51301 is a solidly middle-class ZIP code: the median household income of $61,175 is below the national average.
Real estate in ZIP code 51301 represents an affordable housing market. The median home value of $180,400 is below the national average. Renters can expect to pay around $796 per month in median rent. Homeownership is strong here — 69.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 37% since 2019.
The population of 51301 is primarily White (90.74%). Residents are well-educated — 41.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 12.7%. Household income has grown by 29% since 2019.
The unemployment rate in 51301 stands at 4.7%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 51301 in Spencer, IA is characterized as solidly middle-class, well-educated, a middle-aged community, and predominantly owner-occupied. With 12,402 residents, a median household income of $61,175, and a median home value of $180,400, it offers a clear picture of life in this part of Iowa.