50568 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Buena Vista County
Centroid: Latitude 42.605, Longitude -95.005
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 50568 has segments in 2 Counties (Buena Vista, Sac).

Businesses Addresses: 36
PO Box Addresses: 141
Residential Addresses: 428

Multi-Family Addresses: 0
Single Family Addresses: 428

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

Newell, IA 50568 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	1,373 (100%)
Population in Households	1,339 (97.5%)
Population in Families	1,112 (81.0%)
Population in Group Quarters¹	34 ( 2.5%)
Population Density	17
Diversity Index²	23


INCOME
Median Household Income	$60,536
Average Household Income	$74,202
% of Income for Mortgage⁴	7%
Per Capita Income	$30,669
Wealth Index⁵	75

HOUSING
Total HU (Housing Units)	618 (100%)
Owner Occupied HU	453 (73.3%)
Renter Occupied HU	114 (18.4%)
Vacant Housing Units	51 ( 8.3%)
Median Home Value	$105,990
Average Home Value	$150,497
Housing Affordability Index³	335

HOUSEHOLDS
Total Households	567
Average Household Size	2.36
Family Households	382
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.

Newell, IA 50568 - Peer Comparisons by Rank and Percentile

The table below compares 50568 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	-0.04%	-0.94%
Households	0.09%	-0.79%
Families	-0.05%	-0.85%
Median Household Income		1.26%
Per Capita Income		1.99%
Owner Occupied HU		-0.81%

Variable Description	Rank	Percentile
Total Population	# 390	59th
Population Density	# 588	39th
Median Household Income	# 450	53rd
Housing Affordability Index	# 752	79th
Per Capita Income	# 527	45th
Diversity Index	# 162	83rd

Newell, IA 50568 ZIP Code Profile

ZIP Code 50568: Basic Data & USPS Preferred City Name

Newell, IA 50568 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Newell, IA 50568 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 50568

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