Interested in purchasing investment houses in the 50629 zip code in Fairbank, IA?
The zip code 50629 is in both Buchanan and Fayette counties with a latitude of -92.080660000000 and longitude of 42.642380000000, is in the state of Iowa. The average asking price of houses and condos is $157,200.00 and the average sale price was $111,475.00. this regions is classified as the Cedar Rapids - Iowa City - Dubuque metro area and is in the 319 area code. The location in degrees is 42° 38' 32.568" N, 92° 4' 50.376" W. The county F.I.P.S. is 19019. The total land area is 79.0 square miles and the water area is 0.3 square miles. The elevation in this area is 968 - 1063 feet. The zip code is on central standard time and observes daylight savings time.
The zip 50629 is in county number 019 and is L. Sector 00, L. Segment 01, H. Sector 88, and H. Segment 88. The population was 2,633 in 2019 and 2,418 in 2010. This further breaks down to 1,360 males (51.7%) and 1,273 females (48.3%). The median age of residents is 39.3 years. The population density (people per square mile) is 33. This zip code has a combined total of 1,045 houses and condos. There are 158 rented appartments. 17% of residents rent versus the 17% 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 $54,902 and the average salary is $46,717. The median household income of individuals is $42,016.00 and the average is $60,330.00. This zip code has a mean commute time to work of 24.2 minutes. The unemployment rate is 1.3%. Income earners by percent breakdown as 59.80% (Under $50,000), 31.90% ($50,000-$100,000), and 8.20% earn over $100,000. 10.4% of residents live below poverty line versus the 11.2% in the state that are below this line. The cost of living index is 82.6. The educational breakdown is 93.5% have a high school education or higher, 20.3% have a bachelor's degree or higher, and 8.5% have some kind of profesional degree.
This area has 901 households and the average size is 2.8 people. Individuals who are single and have never been married are 24.4%, 66.0% are now married, 1.0% are separated, 3.1% are widowed, and 5.7% are divorced. The average yearly contribution amount given by people to charity was $2,295 versus the state average of $4,044. The percent of residents who gave to charity was 20.8%.
The estimated median value of houses and condos is $163,651. The median monthly owner costs of mortgage holders was $1,210, where as the costs for those who don't have a mortgage are $482. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $1,866. 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 1.1% which amounted to an average tax amount of $1,978. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $1,604. Reported taxable interest for persons was $1,333, dividends $2,608, capital gains +$6,368, and itemized deductions $18,704. The average earned income tax credit is $1,750. The percent of individuals that use a tax preparer is 76.2%. The total average income taxes paid by individuals was $7,085. Businesses reported an average profit of $13,762.
Rach's Kitchen
1547 Benson Ave, Fairbank, IA 50629
Oran Tap & Cafe
5062 Main St, Oran, IA 50664 (6.3 miles away)
Chucky's Tollgate Rest & Lounge
Dunkerton, IA 50626 (6.9 miles away)
Leo's Italian Restaurant and Generations Lounge
29 S Frederick Ave, Oelwein, IA 50662 (7.6 miles away)
Dairy-Kone
911 South St, Jesup, IA 50648 (9.3 miles away)
Center Inn Banquet Facilities
209 Main St, Readlyn, IA 50668 (10.7 miles away)
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