Interested in purchasing investment houses in the 50861 zip code in Shannon City, IA?
The zip code 50861 is in Union county with a latitude of -94.256440000000 and longitude of 40.911590000000, is in the state of Iowa. The average asking price of houses and condos is $103,296.00 and the average sale price was $120,496.00. this regions is classified as the Des Moines - Ames metro area and is in the 641 area code. The location in degrees is 40° 54' 41.724" N, 94° 15' 23.184" W. The county F.I.P.S. is 19175. This zip code contains two cities including Shannon City, IA (0.94%), and Arispe, IA (0.16%) The total land area is 43.6 square miles and the water area is 0.2 square miles. The elevation in this area is 1198 - 1273 feet. The zip code is on central standard time and observes daylight savings time.
The zip 50861 is in county number 159 and is L. Sector 96, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 241 in 2019 and 274 in 2010. This further breaks down to 141 males (58.6%) and 100 females (41.4%). The median age of residents is 53.7 years. The population density (people per square mile) is 6. This zip code has a combined total of 131 houses and condos. There are 7 rented appartments. 7% of residents rent versus the 7% 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 $41,227 and the average salary is $35,938. The median household income of individuals is $30,731.00 and the average is $45,280.00. This zip code has a mean commute time to work of 22.4 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 71.10% (Under $50,000), 24.00% ($50,000-$100,000), and 5.00% earn over $100,000. 1.9% of residents live below poverty line versus the 11.2% in the state that are below this line. The cost of living index is 82.5. The educational breakdown is 96.1% have a high school education or higher, 19.4% have a bachelor's degree or higher, and 2.8% have some kind of profesional degree.
This area has 117 households and the average size is 2.3 people. Individuals who are single and have never been married are 7.7%, 76.5% are now married, 0.5% are separated, 10.3% are widowed, and 4.9% are divorced.
The estimated median value of houses and condos is $118,426. The median monthly owner costs of mortgage holders was $1,866, where as the costs for those who don't have a mortgage are $745. The median number of rooms in houses and condos are 7.5 versus apartments which had a median number of 10.0.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,550. 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 1.3% which amounted to an average tax amount of $1,449. Reported taxable interest for persons was $740 and dividends $900. The average earned income tax credit is $3,100. The percent of individuals that use a tax preparer is 90.9%. Businesses reported an average profit of $3,938.
Eagles Nest
3076 130th St, Tingley, IA 50863 (6.6 miles away)
Tj's
241 N Webster St, Afton, IA 50830 (7.7 miles away)
That Bar
213 N Pine St, Creston, IA 50801 (9.3 miles away)
Mickey D's
221 Broadway St, Diagonal, IA 50845 (9.6 miles away)
The Clubhouse
3186 Big Bend Rd, Ellston, IA 50074 (10.5 miles away)
Rumors Bar & Grill
306 W South St, Mount Ayr, IA 50854 (15.4 miles away)
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