| ZIP Code | 51351 |
|---|---|
| City | Milford |
| State | Iowa (IA) |
| County | Dickinson County |
| Area Code | 712 |
| Elevation | 1,432 ft |
| Latitude | 43.315064 |
|---|---|
| Longitude | -95.183646 |
| Timezone | Chicago (DST) |
| FIPS | 19059 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.5 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.17 |
| Below Poverty | 4.3% ▼ 57% below avg |
| College Grads | 48.1% ▲ 24% above avg |
| Unemployment | 2.0% ▼ 58% below avg |
| No HS Diploma | 8 (0.2%) |
| HS Graduate | 820 (23.6%) |
| Some College | 372 (10.7%) |
| Associates | 600 (17.3%) |
| Bachelors | 600 (17.3%) |
| Graduate Degree | 1,069 (30.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,628 ▼ 11% below avg ↑ 13% since 2019 |
|---|---|
| Median Home Value | $256,100 ▼ 8% below avg ↑ 26% since 2019 |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $904/mo ↑ 20% since 2019 |
| Total Units | 3,104 |
| Vacant Units | 830 |
| Avg HH Size | 2.17 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,104 |
|---|---|
| Vacant | 830 |
| Owner Occupied | 74.8% |
| Renter Occupied | 25.2% |
| Avg HH Size | 2.17 |
ZIP code 51351 is located in Milford, Iowa, within Dickinson County. With a population of 4,990, this is a lightly populated ZIP code with a mature community — the median age is 46.5 years. Economically, 51351 is a solidly middle-class ZIP code: the median household income of $67,628 is near the national average.
Real estate in ZIP code 51351 represents a mid-range housing market. The median home value of $256,100 is near the national average. Renters can expect to pay around $904 per month in median rent. Homeownership is strong here — 74.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 26% since 2019.
The population of 51351 is primarily White (95.37%). Residents are well-educated — 48.1% 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 13% since 2019.
The unemployment rate in 51351 stands at 2.0%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 75%.
Overall, ZIP code 51351 in Milford, IA is characterized as solidly middle-class, well-educated, a mature community, and predominantly owner-occupied. With 4,990 residents, a median household income of $67,628, and a median home value of $256,100, it offers a clear picture of life in this part of Iowa.