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ZipNumbers

Montgomery County · Iowa

ZIP code 50864

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 50864 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,627

ZCTA residents

Median income
$63,657

Household, past 12 months

Median home
$98,600

Owner-occupied value

Sales tax
6%

Iowa state rate

Quick answer

ZIP 50864 sits in Montgomery County, Iowa and is home to 1,627 people. Median household income is $63,657, the median home is worth $98,600 and median gross rent is $737. 78.2% of households own their home, and purchases are taxed at 6% (Iowa state rate).

County
Montgomery County

FIPS 19137

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 50864

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

Population
1,627ZIP 50864 residents
Median household income
$63,657Past 12 months, inflation adjusted
Median home value
$98,600Owner-occupied units
Median gross rent
$737Rent plus utilities, monthly
Median age
53.6 yrsAll residents
Homeownership rate
78.2%Owner-occupied households

Sales tax in 50864

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
14%Median rent ÷ median income
Price-to-income
1.5×Home value ÷ household income
Est. mortgage
$512/mo20% down, 30-yr at 6.75%
Poverty rate
9.5%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 50864 compares

ZIP 50864 against the median ZIP in Montgomery County and across Iowa.

MeasureZIP 50864County medianState medianvs state
Median household income$63,657$63,704$71,182-11%
Median home value$98,600$105,800$151,550-35%
Median gross rent$737$800$808-9%
Population1,627949935+74%

Medians are computed across the 6 ZIP areas in Montgomery County and the 970 ZIP areas in Iowa.

Statewide rank

Where this ZIP places among all 970 Iowa ZIP areas.

Income

richer than 30% of 937 state ZIPs

#657
Home value

above 15% of 922 state ZIPs

#787
Population

larger than 66% of 970 state ZIPs

#330

Comparable ZIP codes

Iowa ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
50554Pocahontas County$63,618$85,600$738
50031Boone County$63,750$58,800
50123Wayne County$63,750$106,800$546
50137Jasper County$63,750$164,600
50562Palo Alto County$63,750$75,500$1,146
50604Butler County$63,750$150,800$628

Nearby ZIP codes

Other ZIP codes filed under Montgomery County.

ZIP 50864 questions

Common questions about this ZIP code.

Where is ZIP code 50864?
ZIP 50864 lies mostly in Montgomery 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 50864?
Iowa charges 6% statewide, plus any county, city or district rate that applies locally.
Is 50864 expensive to live in?
Median rent runs $737 a month, about 14% of median household income, and the median home is worth $98,600-35% 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 50864, 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.