Interested in purchasing investment houses in the 50662 zip code in Oelwein, IA?
The zip code 50662 is in both Fayette and Buchanan counties with a latitude of -91.934800000000 and longitude of 42.690410000000, is in the state of Iowa. The average asking price of houses and condos is $79,857.00 and the average sale price was $119,215.00. 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° 41' 25.476" N, 91° 56' 5.28" W. The county F.I.P.S. is 19065. The total land area is 67.9 square miles and the water area is 0.1 square miles. The elevation in this area is 1043 - 1158 feet. The zip code is on central standard time and observes daylight savings time.
The zip 50662 is in county number 019 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 6,741 in 2019 and 7,238 in 2010. Of this, the break down in 2019 was 5,725 urban and 1,015 rural. This further breaks down to 3,239 males (48.0%) and 3,502 females (52.0%). The median age of residents is 45.9 years. The population density (people per square mile) is 99. This zip code has a combined total of 3,519 houses and condos. There are 830 rented appartments. 28% of residents rent versus the 28% 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 $43,391 and the average salary is $35,019. The median household income of individuals is $37,373.00 and the average is $49,310.00. This zip code has a mean commute time to work of 16.7 minutes. The unemployment rate is 2.0%. Income earners by percent breakdown as 63.30% (Under $50,000), 31.00% ($50,000-$100,000), and 5.70% earn over $100,000. 10.0% of residents live below poverty line versus the 11.2% in the state that are below this line. The cost of living index is 76.0. The educational breakdown is 90.5% have a high school education or higher, 16.7% have a bachelor's degree or higher, and 6.9% have some kind of profesional degree.
This area has 3,093 households and the average size is 2.2 people. Individuals who are single and have never been married are 26.2%, 49.0% are now married, 1.6% are separated, 8.4% are widowed, and 14.8% are divorced. The average yearly contribution amount given by people to charity was $2,867 versus the state average of $4,044. The percent of residents who gave to charity was 14.1%.
The estimated median value of houses and condos is $103,277. The median monthly owner costs of mortgage holders was $971, where as the costs for those who don't have a mortgage are $457. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 4.8.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $1,515. 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 1.5% which amounted to an average tax amount of $1,465. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $1,597. Reported taxable interest for persons was $1,439, dividends $2,532, capital gains +$9,265, and itemized deductions $18,407. The average earned income tax credit is $2,236. The percent of individuals that use a tax preparer is 66.4%. The total average income taxes paid by individuals was $6,585. Businesses reported an average profit of $10,890.
Leo's Italian Restaurant and Generations Lounge
29 S Frederick Ave, Oelwein, IA 50662
Luigi's
916 1st St NE, Oelwein, IA 50662
Luigi's
1020 S Frederick Ave, Oelwein, IA 50662
Ma & Pa's Diner
114 S Frederick Ave, Oelwein, IA 50662
Dq
212 7th St SE, Oelwein, IA 50662
Country Cottage Cafe
2301 S Frederick Ave, Oelwein, IA 50662
Valone's Family Restaurant
2 S Frederick Ave, Oelwein, IA 50662
Hacienda Del Rio
102 S Frederick Ave, Oelwein, IA 50662
Clete & Connie's
12 1st St SW, Oelwein, IA 50662
First Garden
21 S Frederick Ave, Oelwein, IA 50662
Jenny's Country Parlor
14602 35th St, Oelwein, IA 50662
Oelwein Cafe
114 S Frederick Ave, Oelwein, IA 50662
J & K Corner Cafe
2 S Frederick Ave, Oelwein, IA 50662
Taco John's
841 S Frederick Ave, Oelwein, IA 50662
Rach's Kitchen
1547 Benson Ave, Fairbank, IA 50629 (7.6 miles away)
Oran Tap & Cafe
5062 Main St, Oran, IA 50664 (8.4 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
