50111 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Polk County
Centroid: Latitude 41.685, Longitude -93.782
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 50111 has segments in 2 Counties (Dallas, Polk).

Businesses Addresses: 516
PO Box Addresses: 389
Residential Addresses: 6,125

Multi-Family Addresses: 241
Single Family Addresses: 5,884

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

Grimes, IA 50111 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	14,030 (100%)
Population in Households	14,016 (99.9%)
Population in Families	12,030 (85.7%)
Population in Group Quarters¹	14 ( 0.1%)
Population Density	469
Diversity Index²	19


INCOME
Median Household Income	$95,695
Average Household Income	$110,462
% of Income for Mortgage⁴	10%
Per Capita Income	$41,328
Wealth Index⁵	121

HOUSING
Total HU (Housing Units)	5,509 (100%)
Owner Occupied HU	4,386 (79.6%)
Renter Occupied HU	863 (15.7%)
Vacant Housing Units	260 ( 4.7%)
Median Home Value	$232,563
Average Home Value	$285,306
Housing Affordability Index³	211

HOUSEHOLDS
Total Households	5,249
Average Household Size	2.67
Family Households	3,862
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.

Grimes, IA 50111 - Peer Comparisons by Rank and Percentile

The table below compares 50111 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	4.24%	3.04%
Households	4.29%	3.06%
Families	4.25%	3.0%
Median Household Income		1.31%
Per Capita Income		2.13%
Owner Occupied HU		3.15%

Variable Description	Rank	Percentile
Total Population	# 60	94th
Population Density	# 108	89th
Median Household Income	# 20	98th
Housing Affordability Index	# 221	23rd
Per Capita Income	# 61	94th
Diversity Index	# 209	78th

Grimes, IA 50111 ZIP Code Profile

ZIP Code 50111: Basic Data & USPS Preferred City Name

Grimes, IA 50111 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Grimes, IA 50111 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 50111

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