Interested in purchasing investment houses in the 50837 zip code in Bridgewater, IA?
The zip code 50837 is in both Adair and Adams counties with a latitude of -94.681090000000 and longitude of 41.228980000000, is in the state of Iowa. The average asking price of houses and condos is $89,420.00 and the average sale price was $83,856.00. this regions is classified as the Des Moines - Ames metro area and is in the 641 area code. The location in degrees is 41° 13' 44.328" N, 94° 40' 51.924" W. The county F.I.P.S. is 19001. The total land area is 50.4 square miles and the water area is 0.1 square miles. The elevation in this area is 1158 - 1322 feet. The zip code is on central standard time and observes daylight savings time.
The zip 50837 is in county number 003 and is L. Sector 95, L. Segment 03, H. Sector 03, and H. Segment 03. The population was 344 in 2019 and 376 in 2010. This further breaks down to 156 males (45.4%) and 188 females (54.6%). The median age of residents is 51.3 years. The population density (people per square mile) is 7. This zip code has a combined total of 195 houses and condos. There are 25 rented appartments. 16% of residents rent versus the 16% 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 $39,747 and the average salary is $36,750. The median household income of individuals is $38,583.00 and the average is $46,170.00. This zip code has a mean commute time to work of 29.3 minutes. The unemployment rate is 8.6%. Income earners by percent breakdown as 66.30% (Under $50,000), 28.30% ($50,000-$100,000), and 5.40% earn over $100,000. 24.8% of residents live below poverty line versus the 11.2% in the state that are below this line. The cost of living index is 84.3. The educational breakdown is 92.9% have a high school education or higher, 14.5% have a bachelor's degree or higher, and 0.4% have some kind of profesional degree.
This area has 176 households and the average size is 2.2 people. Individuals who are single and have never been married are 14.7%, 71.3% are now married, 1.7% are separated, 5.0% are widowed, and 7.3% are divorced.
The estimated median value of houses and condos is $111,017. The median monthly owner costs of mortgage holders was $870, where as the costs for those who don't have a mortgage are $447. The median number of rooms in houses and condos are 7.5 versus apartments which had a median number of 5.9.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $874. 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 0.7% which amounted to an average tax amount of $777. Reported taxable interest for persons was $557, dividends $800, and capital gains +$3,333. The average earned income tax credit is $2,300. The percent of individuals that use a tax preparer is 82.4%. Businesses reported an average profit of $2,967.
Bridgewater Cafe
102 S Main St, Bridgewater, IA 50837
Wreckers or Checkers
412 N Main St, Bridgewater, IA 50837
S & J Restaurant
418 Maple St, Fontanelle, IA 50846 (6.8 miles away)
Middle of Nowhere
112 Main St, Cumberland, IA 50843 (10.6 miles away)
Olive Branch
108 E Iowa St, Greenfield, IA 50849 (12.3 miles away)
Wiota Steakhouse & Lounge
302 Center St, Wiota, IA 50274 (12.5 miles away)