City

Alexander, IA

1 ZIP code  ·  Franklin County  ·  Iowa

👥404Population
💰$76,169Median HH Income≈ Avg
🎂45.3Median Age
🏠$77,500Median Home Value▼ 72% below avg
🎓38.1%College Grads≈ Avg
📊1.6%Unemployment▼ 67% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 58.2% Female 41.8% ♀

Race & Ethnicity

White: 84.7%Hispanic: 15.4%Race
White84.7%
Hispanic15.4%

Age Breakdown

Under 5
10%
5–17
15%
18–24
6%
25–44
19%
45–64
32%
65+
14%

Key Indicators

Median Age45.3 yrs
Avg HH Size2.42
Below Poverty17.3% ▲ 73% above avg
College Grads38.1% ≈ Avg
Unemployment1.6% ▼ 67% below avg
No HS Diploma31 (13%)
HS Graduate58 (24.3%)
Some College35 (14.6%)
Associates24 (10%)
Bachelors21 (8.8%)
Graduate Degree70 (29.3%)

Education

No HS: 13%HS Grad: 24.3%Some College: 14.6%Associates: 10%Bachelors: 8.8%Graduate: 29.3%Edu
No HS13.0%
HS Grad24.3%
Some College14.6%
Associates10.0%
Bachelors8.8%
Graduate29.3%
Housing & Income

Housing Tenure

Owner: 68.9%Renter: 31.1%Tenure
Owner68.9%
Renter31.1%

Home Value Distribution

Under $50k
23%
$50k–$100k
33%
$100k–$150k
10%
$150k–$200k
5%
$200k–$300k
23%
$300k–$500k
3%
Over $500k
1%

Financials

Median HH Income$76,169 ≈ Avg
Median Home Value$77,500 ▼ 72% below avg
Home/Income Ratio1.0x (nat avg ~3.5x)
Median Rent$394/mo
Total Housing Units188
Vacant Units21

Income Distribution

Under $25k
4%
$25k–$50k
19%
$50k–$75k
16%
$75k–$100k
44%
$100k–$150k
4%
$150k–$200k
13%
Employment & Commute

How People Get to Work

Drove Alone
74%
Walked
2%
Work From Home
25%

Commute Time

Under 15 min
34%
15–30 min
37%
30–45 min
24%
Over 45 min
5%
Housing Stock

Year Built

Before 1940
8%
1940s–1950s
18%
1960s–1970s
5%
1980s–1990s
7%
2000+
61%
About Alexander, IA

Alexander is a city in Iowa, located in Franklin County. The city spans 1 ZIP code and is home to approximately 404 residents. It is a mature city, with a median age of 45.3 years.

Economically, Alexander is a middle-income community. The median household income of $76,169 is near the national average. Approximately 17.3% of residents live below the poverty line. The unemployment rate is 1.6%, well below the national average.

The real estate market in Alexander is one of the more affordable housing markets in the country. Median home values stand at $77,500, which is well below the national average. Renters typically pay around $394 per month. Homeownership is high at 68.9%, typical of suburban and family-oriented communities.

The population of Alexander is moderately educated. 38.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (84.65%).

Alexander, IA offers residents a cost-conscious lifestyle within Iowa.

ZIP Codes in Alexander
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
50420 404 $76,169 $77,500 $394 1.6% 38.1% 68.9%