Interested in purchasing investment houses in the 50848 zip code in Gravity, IA?
The zip code 50848 is in Taylor county with a latitude of -94.765230000000 and longitude of 40.783710000000, is in the state of Iowa. The average asking price of houses and condos is $125,646.00 and the average sale price was $94,321.00. this regions is classified as the Des Moines - Ames metro area and is in the 712 area code. The location in degrees is 40° 47' 1.356" N, 94° 45' 54.828" W. The county F.I.P.S. is 19173. The total land area is 45.3 square miles and the water area is 0.2 square miles. The elevation in this area is 1168 - 1266 feet. The zip code is on central standard time and observes daylight savings time.
The zip 50848 is in county number 173 and is L. Sector 00, L. Segment 01, H. Sector 17, and H. Segment 17. The population was 294 in 2019 and 378 in 2010. This further breaks down to 147 males (50.2%) and 146 females (49.8%). The median age of residents is 58.4 years. The population density (people per square mile) is 6. This zip code has a combined total of 171 houses and condos. There are 17 rented appartments. 12% of residents rent versus the 12% 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 $41,350 and the average salary is $34,391. The median household income of individuals is $37,866.00 and the average is $45,470.00. This zip code has a mean commute time to work of 23.9 minutes. The unemployment rate is 1.5%. Income earners by percent breakdown as 62.40% (Under $50,000), 33.60% ($50,000-$100,000), and 4.00% earn over $100,000. 6.3% of residents live below poverty line versus the 11.2% in the state that are below this line. The cost of living index is 82.3. The educational breakdown is 94.8% have a high school education or higher, 13.5% have a bachelor's degree or higher, and 1.7% have some kind of profesional degree.
This area has 170 households and the average size is 2.0 people. Individuals who are single and have never been married are 18.6%, 68.7% are now married, 0.0% are separated, 2.6% are widowed, and 10.2% are divorced.
The estimated median value of houses and condos is $75,325. The median monthly owner costs of mortgage holders was $1,166, where as the costs for those who don't have a mortgage are $339. The median number of rooms in houses and condos are 7.2 versus apartments which had a median number of 6.0.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $861. 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 2.4% which amounted to an average tax amount of $1,434. Conversely, the median housing property tax percent for residents who don't have mortgages was 3.0% which amounted to an average tax amount of $791. Reported taxable interest for persons was $400 and itemized deductions $10,294. The average earned income tax credit is $2,250. The percent of individuals that use a tax preparer is 71.4%. Businesses reported an average profit of $2,633.
Caseys Carry Out Pizza
606 Jefferson St, Gravity, IA 50848
Sawmill
401 Main St, New Market, IA 51646 (8.1 miles away)
Loco Carlos Mexican
413 Main St, Bedford, IA 50833 (8.5 miles away)
The Office
122 N Main St, Lenox, IA 50851 (11.8 miles away)
Clearfield Cafe
304 Broadway St, Clearfield, IA 50840 (13.4 miles away)
Primrose Restaurant
619 Davis Ave, Corning, IA 50841 (13.6 miles away)
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