Interested in purchasing investment houses in the 50242 zip code in Searsboro, IA?
The zip code 50242 is in Poweshiek county with a latitude of -92.693990000000 and longitude of 41.562410000000, is in the state of Iowa. The average asking price of houses and condos is $152,750.00 and the average sale price was $166,494.00. this regions is classified as the Des Moines - Ames metro area and is in the 641 area code. The location in degrees is 41° 33' 44.676" N, 92° 41' 38.364" W. The county F.I.P.S. is 19157. The total land area is 41.2 square miles and the water area is 0.1 square miles. The elevation in this area is 833 - 912 feet. The zip code is on central standard time and observes daylight savings time.
The zip 50242 is in county number 157 and is L. Sector 04, L. Segment 51, H. Sector 34, and H. Segment 34. The population was 601 in 2019 and 439 in 2010. This further breaks down to 301 males (50.1%) and 300 females (49.9%). The median age of residents is 33.6 years. The population density (people per square mile) is 15. This zip code has a combined total of 239 houses and condos. There are 46 rented appartments. 20% of residents rent versus the 20% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $52,541 and the average salary is $37,547. The median household income of individuals is $45,918.00 and the average is $52,280.00. This zip code has a mean commute time to work of 27.5 minutes. The unemployment rate is 0.5%. Income earners by percent breakdown as 54.10% (Under $50,000), 35.10% ($50,000-$100,000), and 10.80% earn over $100,000. 5.7% of residents live below poverty line versus the 11.2% in the state that are below this line. The cost of living index is 82.4. The educational breakdown is 97.8% have a high school education or higher, 20.6% have a bachelor's degree or higher, and 0.8% have some kind of profesional degree.
This area has 182 households and the average size is 2.6 people. Individuals who are single and have never been married are 21.9%, 55.6% are now married, 0.7% are separated, 5.8% are widowed, and 16.0% are divorced. The average yearly contribution amount given by people to charity was $3,600 versus the state average of $4,044. The percent of residents who gave to charity was 17.6%.
The estimated median value of houses and condos is $157,569. The median monthly owner costs of mortgage holders was $1,213, where as the costs for those who don't have a mortgage are $514. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $1,392. In comparision, the average real estate tax percent rate in the state is 1.5% which equated to an average real estate tax amount payment in the state of $2,430. The median housing property tax percent for residents with mortgages was 1.6% which amounted to an average tax amount of $1,362. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.9% which amounted to an average tax amount of $1,459. Reported taxable interest for persons was $1,100, dividends $850, capital gains +$3,233, and itemized deductions $17,100. The average earned income tax credit is $2,450. The percent of individuals that use a tax preparer is 82.4%. The total average income taxes paid by individuals was $4,725. Businesses reported an average profit of $2,433.
Lynnville's Smokin' J's BBQ
203 1st St, Searsboro, IA 50242
Jo's Bar & Grill
315 2nd St, Searsboro, IA 50242
Prime Country BBQ, Catering & B&B
202 East St, Lynnville, IA 50153 (4.6 miles away)
Scooters Pub & Grub
108 E Maple St, New Sharon, IA 50207 (7.1 miles away)
HomeTown Buffet
Sully, IA 50251 (7.6 miles away)
Jumpin' Jimmy's
199 Marina Dr, Montezuma, IA 50171 (9 miles away)
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