50108 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Decatur County
Centroid: Latitude 40.809, Longitude -93.959
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 50108 has segments in 2 Counties (Clarke, Decatur).

Businesses Addresses: 5
PO Box Addresses: 22
Residential Addresses: 190

Multi-Family Addresses: 0
Single Family Addresses: 190

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.

Grand River, IA 50108 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	450 (100%)
Population in Households	450 (100.0%)
Population in Families	378 (84.0%)
Population in Group Quarters¹	0
Population Density	6
Diversity Index²	8


INCOME
Median Household Income	$46,521
Average Household Income	$65,580
% of Income for Mortgage⁴	8%
Per Capita Income	$28,418
Wealth Index⁵	66

HOUSING
Total HU (Housing Units)	265 (100%)
Owner Occupied HU	153 (57.7%)
Renter Occupied HU	42 (15.8%)
Vacant Housing Units	70 (26.4%)
Median Home Value	$83,108
Average Home Value	$131,536
Housing Affordability Index³	346

HOUSEHOLDS
Total Households	195
Average Household Size	2.31
Family Households	135
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Grand River, IA 50108 - Peer Comparisons by Rank and Percentile

The table below compares 50108 to the other 957 ZIP Codes in Iowa by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.67%	-0.68%
Households	-0.63%	-0.73%
Families	-0.76%	-0.91%
Median Household Income		2.18%
Per Capita Income		2.27%
Owner Occupied HU		-0.53%

Variable Description	Rank	Percentile
Total Population	# 716	25th
Population Density	# 929	3rd
Median Household Income	# 898	6th
Housing Affordability Index	# 783	82nd
Per Capita Income	# 704	27th
Diversity Index	# 725	23rd

Grand River, IA 50108 ZIP Code Profile

ZIP Code 50108: Basic Data & USPS Preferred City Name

Grand River, IA 50108 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Grand River, IA 50108 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 50108

Use HTL Address Research for a Iowa Address and get...

Quick & Easy Ways to...

Iowa Census Data Comparison Tool

More Tools and Resources:

COVID-19 Statistics and Data

Decatur County

Grand River Jobs