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ZipNumbers

Boone County · Iowa

ZIP code 50040

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 50040 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
172

ZCTA residents

Median income
$50,313

Household, past 12 months

Median home
$72,700

Owner-occupied value

Sales tax
6%

Iowa state rate

Quick answer

ZIP 50040 sits in Boone County, Iowa and is home to 172 people. Median household income is $50,313, the median home is worth $72,700 and median gross rent is $533. 80.5% of households own their home, and purchases are taxed at 6% (Iowa state rate).

County
Boone County

FIPS 19015

State
Iowa (IA)

970 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 50040

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
172ZIP 50040 residents
Median household income
$50,313Past 12 months, inflation adjusted
Median home value
$72,700Owner-occupied units
Median gross rent
$533Rent plus utilities, monthly
Median age
38.1 yrsAll residents
Homeownership rate
80.5%Owner-occupied households

Sales tax in 50040

What a purchase inside this ZIP costs at checkout.

Rate applied
6%State base rate only
Tax on $100
$6Rounded to the dollar
Tax on $1,000
$60Before any exemptions

Iowa levies 6% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
13%Median rent ÷ median income
Price-to-income
1.4×Home value ÷ household income
Est. mortgage
$377/mo20% down, 30-yr at 6.75%
Poverty rate
19.8%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 50040 compares

ZIP 50040 against the median ZIP in Boone County and across Iowa.

MeasureZIP 50040County medianState medianvs state
Median household income$50,313$74,486$71,182-29%
Median home value$72,700$176,200$151,550-52%
Median gross rent$533$662$808-34%
Population1721,314935-82%

Medians are computed across the 8 ZIP areas in Boone County and the 970 ZIP areas in Iowa.

Statewide rank

Where this ZIP places among all 970 Iowa ZIP areas.

Income

richer than 7% of 937 state ZIPs

#871
Home value

above 4% of 922 state ZIPs

#883
Population

larger than 11% of 970 state ZIPs

#865

Comparable ZIP codes

Iowa ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
50128Guthrie County$50,179$106,300$536
50042Audubon County$50,500$117,000$765
52659Henry County$49,907$108,600$604
51004Woodbury County$49,821$100,700$1,014
50119Marion County$50,833$98,900$938
52802Scott County$50,850$84,400$978

Nearby ZIP codes

Other ZIP codes filed under Boone County.

ZIP 50040 questions

Common questions about this ZIP code.

Where is ZIP code 50040?
ZIP 50040 lies mostly in Boone County, Iowa. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 50040?
Iowa charges 6% statewide, plus any county, city or district rate that applies locally.
Is 50040 expensive to live in?
Median rent runs $533 a month, about 13% of median household income, and the median home is worth $72,700-52% against the typical Iowa ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 50040, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.