50005 Zip Code (Albion, IA) Detailed Profile

Estimated zip code population in 2022: 862
Zip code population in 2010: 730
Zip code population in 2000: 851

Houses and condos: 424
Renter-occupied apartments: 55
March 2022 cost of living index in zip code 50005: 82.5 (low, U.S. average is 100)

Land area: 26.8 sq. mi.
Water area: 0.1 sq. mi.

Population density: 32 people per square mile

(very low).

Real estate property taxes paid for housing units in 2022:
Median real estate property taxes paid for housing units with mortgages in 2022: $1,601 (1.4%)
Median real estate property taxes paid for housing units with no mortgage in 2022: $2,028 (1.4%)

For population 25 years and over in 50005:

• High school or higher: 93.7%
• Bachelor's degree or higher: 10.0%
• Graduate or professional degree: 0.8%
• Unemployed: 3.3%
• Mean travel time to work (commute): 24.3 minutes

For population 15 years and over in 50005:

• Never married: 14.5%
• Now married: 70.8%
• Separated: 0.3%
• Widowed: 2.0%
• Divorced: 12.4%

• 
• • 62372.4%White
  • 19823.0%Asian
  • 192.2%Hispanic or Latino
  • 161.9%Two or more races
  • 50.6%Black

100% rural population.

Averages for the 2020 tax year for zip code 50005, filed in 2021:

Average Adjusted Gross Income (AGI) in 2020: $50,406 (Individual Income Tax Returns)

Here:	$50,406
State:	$71,087

Salary/wage: $47,235 (reported on 78.8% of returns)

Here:	$47,235
State:	$57,361

(% of AGI for various income ranges: 1260.0% for AGIs below $25k, 4062.9% for AGIs $25k-50k, 7287.5% for AGIs $50k-75k, 11675.0% for AGIs $75k-100k, 17785.0% for AGIs $100k-200k)

Taxable interest for individuals: $733 (reported on 27.3% of returns)

This zip code:	$733
Iowa:	$1,633

(% of AGI for various income ranges: 55.7% for AGIs $25k-50k, 30.0% for AGIs $50k-75k, 75.0% for AGIs $75k-100k)

Ordinary dividends: $1,600 (reported on 12.1% of returns)

Here:	$1,600
State:	$5,432

(% of AGI for various income ranges: 64.0% for AGIs below $25k, 80.0% for AGIs $50k-75k)

Net capital gain/loss in AGI: +$567 (reported on 9.1% of returns)

Here:	+$567
State:	+$15,243

(% of AGI for various income ranges: 42.5% for AGIs $50k-75k)

Profit/loss from business: +$4,300 (reported on 12.1% of returns)

Here:	+$4,300
State:	+$11,763

(% of AGI for various income ranges: 430.0% for AGIs $50k-75k)

Taxable individual retirement arrangement distribution: $8,225 (reported on 12.1% of returns)

50005:	$8,225
Iowa:	$17,324

(% of AGI for various income ranges: 470.0% for AGIs $25k-50k)

Earned income credit: $2,300 (reported on 12.1% of returns)

Here:	$2,300
State:	$2,195

(% of AGI for various income ranges: 96.0% for AGIs below $25k, 62.9% for AGIs $25k-50k)

Percentage of individuals using paid preparers for their 2020 taxes: 97.0%

Here:	97%
State:	95%

(% for various income ranges: 88.9% for AGIs below $25k, 100.0% for AGIs $25k-50k, 100.0% for AGIs $50k-75k, 100.0% for AGIs $75k-100k, 100.0% for AGIs $100k-200k)

Averages for the 2012 tax year for zip code 50005, filed in 2013:

Average Adjusted Gross Income (AGI) in 2012: $40,752 (Individual Income Tax Returns)

Here:	$40,752
State:	$58,860

Salary/wage: $35,185 (reported on 81.8% of returns)

Here:	$35,185
State:	$46,659

(% of AGI for various income ranges: 68.7% for AGIs below $25k, 75.0% for AGIs $25k-50k, 80.8% for AGIs $50k-75k, 121.4% for AGIs $75k-100k)

Taxable interest for individuals: $960 (reported on 30.3% of returns)

This zip code:	$960
Iowa:	$1,537

(% of AGI for various income ranges: 1.6% for AGIs below $25k, 2.0% for AGIs $25k-50k, 0.3% for AGIs $75k-100k)

Ordinary dividends: $1,040 (reported on 15.2% of returns)

Here:	$1,040
State:	$4,542

Net capital gain/loss in AGI: +$1,725 (reported on 12.1% of returns)

Here:	+$1,725
State:	+$11,802

Profit/loss from business: +$2,680 (reported on 15.2% of returns)

Here:	+$2,680
State:	+$10,509

Taxable individual retirement arrangement distribution: $6,275 (reported on 12.1% of returns)

50005:	$6,275
Iowa:	$11,773

Total itemized deductions: $13,729 (22% of AGI, reported on 21.2% of returns)

Here:	$13,729
State:	$21,278

Here:	22.1% of AGI
State:	18.9% of AGI

Charity contributions: $1,875 (reported on 12.1% of returns)

Here:	$1,875
State:	$4,044

Taxes paid: $4,457 (reported on 21.2% of returns)

50005:	$4,457
State:	$8,846

Earned income credit: $2,740 (reported on 15.2% of returns)

Here:	$2,740
State:	$2,098

(% of AGI for various income ranges: 7.7% for AGIs below $25k)

Percentage of individuals using paid preparers for their 2012 taxes: 69.7%

Here:	70%
State:	65%

(% for various income ranges: 64.3% for AGIs below $25k, 66.7% for AGIs $25k-50k, 80.0% for AGIs $50k-75k, 66.7% for AGIs $75k-100k, 100.0% for AGIs $100k-200k)

Averages for the 2004 tax year for zip code 50005, filed in 2005:

Average Adjusted Gross Income (AGI) in 2004: $32,466 (Individual Income Tax Returns)

Here:	$32,466
State:	$43,875

Salary/wage: $29,923 (reported on 83.8% of returns)

Here:	$29,923
State:	$38,265

(% of AGI for various income ranges: 65.4% for AGIs below $10k, 73.6% for AGIs $10k-25k, 78.9% for AGIs $25k-50k, 79.2% for AGIs $50k-75k, 75.6% for AGIs $75k-100k)

Taxable interest for individuals: $745 (reported on 46.1% of returns)

This zip code:	$745
Iowa:	$1,768

(% of AGI for various income ranges: 7.5% for AGIs below $10k, 2.2% for AGIs $10k-25k, 1.0% for AGIs $25k-50k, 0.4% for AGIs $50k-75k, 0.2% for AGIs $75k-100k)

Taxable dividends: $514 (reported on 20.1% of returns)

Here:	$514
State:	$2,510

(% of AGI for various income ranges: 1.0% for AGIs below $10k, 0.3% for AGIs $10k-25k, 0.5% for AGIs $25k-50k, 0.2% for AGIs $50k-75k)

Net capital gain/loss: +$982 (reported on 15.6% of returns)

Here:	+$982
State:	+$6,139

Profit/loss from business: +$2,419 (reported on 12.0% of returns)

Here:	+$2,419
State:	+$8,574

Profit/loss from farming: +$950 (reported on 5.6% of returns)

Here:	+$950
State:	-$74

Total itemized deductions: $13,242 (26% of AGI, reported on 17.3% of returns)

Here:	$13,242
State:	$16,976

Here:	26.5% of AGI
State:	20.8% of AGI

Charity contributions deductions: $2,478 (5% of AGI, reported on 12.8% of returns)

Here:	$2,478
State:	$3,089

Here:	4.6% of AGI
State:	3.6% of AGI

Total tax: $2,985 (reported on 74.6% of returns)

50005:	$2,985
State:	$6,177

(% of AGI for various income ranges: 3.4% for AGIs below $10k, 3.6% for AGIs $10k-25k, 6.0% for AGIs $25k-50k, 7.9% for AGIs $50k-75k, 10.6% for AGIs $75k-100k)

Earned income credit: $1,552 (reported on 16.2% of returns)

Here:	$1,552
State:	$1,540

Percentage of individuals using paid preparers for their 2004 taxes: 77.9%

Here:	78%
State:	70%

(% for various income ranges: 66.7% for AGIs below $10k, 76.4% for AGIs $10k-25k, 83.8% for AGIs $25k-50k, 75.9% for AGIs $50k-75k, 95.0% for AGIs $75k-100k)

Nearest zip codes: 50148, 50258, 50051, 50158, 50621, 50239.
No gay or lesbian households reported

Household received Food Stamps/SNAP in the past 12 months: 7
Household did not receive Food Stamps/SNAP in the past 12 months: 364

Women who did not have a birth in the past 12 months: 240 (164 now married, 75 unmarried)

Housing units in zip code 50005 with a mortgage: 122 (18 second mortgage, 19 both second mortgage and home equity loan)
Houses without a mortgage: 21

Median monthly owner costs for units with a mortgage: $993
Median monthly owner costs for units without a mortgage: $475

Residents with income below the poverty level in 2022:
Residents with income below 50% of the poverty level in 2022:

• Zip code 50005 household income distribution in 2022

• 2Less than $10,000
• 5$10,000 to $14,999
• 1$15,000 to $19,999
• 6$20,000 to $24,999
• 11$25,000 to $29,999
• 62$30,000 to $34,999
• 36$35,000 to $39,999
• 10$40,000 to $44,999
• 5$45,000 to $49,999
• 28$50,000 to $59,999
• 76$60,000 to $74,999
• 87$75,000 to $99,999
• 11$100,000 to $124,999
• 17$125,000 to $149,999
• 5$150,000 to $199,999

• Estimate of home value of owner-occupied houses/condos in 2022 in zip code 50005

• 1Less than $10,000
• 1$10,000 to $14,999
• 8$35,000 to $39,999
• 12$40,000 to $49,999
• 15$50,000 to $59,999
• 2$60,000 to $69,999
• 12$70,000 to $79,999
• 17$80,000 to $89,999
• 14$90,000 to $99,999
• 76$100,000 to $124,999
• 10$125,000 to $149,999
• 73$150,000 to $174,999
• 1$175,000 to $199,999
• 6$200,000 to $249,999
• 36$250,000 to $299,999
• 12$300,000 to $399,999

• Rent paid by renters in 2022 in zip code 50005

• 1$400 to $449
• 8$500 to $549
• 30$550 to $599
• 2$600 to $649
• 4$650 to $699
• 5No cash rent

Median gross rent in 2022: $833.

Estimated median house (or condo) value in 2022 for:

• White Non-Hispanic householders: $118,114
• Hispanic or Latino householders: $75,585

Estimated median house or condo value in 2022: $126,983 Lower value quartile - upper value quartile: $97,179 - $181,813

Mean price in 2022:

Detached houses: $143,446

Here:	$143,446
State:	$245,224

Housing units in structures:

• One, detached: 387
• One, attached: 2
• 5 to 9: 36

Unemployment: 3.3%

• Means of transportation to work in zip code 50005

• 84.9%370Drove a car alone
• 6.2%27Carpooled
• 0.2%1Motorcycle
• 0.9%4Bicycle
• 2.1%9Walked
• 3.4%15Worked at home

• Travel time to work (commute) in zip code 50005

• 22Less than 5 minutes
• 195 to 9 minutes
• 2410 to 14 minutes
• 4015 to 19 minutes
• 19020 to 24 minutes
• 3525 to 29 minutes
• 2230 to 34 minutes
• 540 to 44 minutes
• 3845 to 59 minutes
• 960 to 89 minutes
• 1090 or more minutes

Percentage of zip code residents living and working in this county: 60.9%

Household type by relationship:

Households: 862

• Male householders: 234 (64 living alone), Female householders: 136 (22 living alone)

• 317 spouses (317 opposite-sex spouses), 12 unmarried partners, (12 opposite-sex unmarried partners), 128 children (126 natural, 0 adopted, 2 stepchildren), 8 grandchildren, 0 brothers or sisters, 3 parents, 0 foster children, 8 other relatives, 22 non-relatives

Size of family households: 161 2-persons, 84 3-persons, 20 4-persons, 7 5-persons

Size of nonfamily households: 86 1-person, 5 2-persons, 4 3-persons

64 married couples with children.
40 single-parent households (16 men, 24 women).

78.0% of residents of 50005 zip code speak English at home.
1.7% of residents speak Spanish at home (100% very well).
16.0% of residents speak Asian or Pacific Island language at home (100% well).

Facilities with environmental interests located in this zip code:

• DONCO AIR PRODUCTS (300 W JOHNSON ST in ALBION, IA)

  AIR MINOR (AIRS/AFS)
  Small Quantity Generators, between 100 kg and 1000 kg of hazardous waste/month (Resource Conservation and Recovery Act (tracking hazardous waste)) - notification
  Business SIC classification: FABRICATED METAL PRODUCTS
  Organizations: LARRY RAYMON (CONTACT/OWNER)
  

• ALBION CITY OF STP (CITY HALL in ALBION, IA)

  National Pollutant Discharge Elimination System NON-MAJOR (Tracking pollutant discharge elimination systems) - permit
  Business SIC classification: SEWERAGE SYSTEMS
  Organizations: CITY OF ALBION (CONTACT/OWNER)
  

• NEW CENTURY FS - ALBION (1605 MEYER AVENUE in ALBION, IA)

  (Resource Conservation and Recovery Act (tracking hazardous waste))
  Organizations: IOWA RIVER FS INC (CONTACT/OWNER)
  Alternative names: IOWA RIVER FARM SERVICE INC

Housing units lacking complete plumbing facilities: 1.8%
Housing units lacking complete kitchen facilities: 1.2%

Population in 1990: 773. Population change in the 1990s: +78 (+10.1%).

Place of birth for U.S.-born residents:

• This state: 623
• Midwest: 29
• South: 4
• West: 26

64% of the 50005 zip code residents lived in the same house 5 years ago.
   Out of people who lived in different houses, 47% lived in this county.
   Out of people who lived in different counties, 50% lived in Iowa.

98% of the 50005 zip code residents lived in the same house 1 year ago.
   Out of people who lived in different houses, 39% moved from this county.
   Out of people who lived in different houses, 78% moved from different county within same state.

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school):
Students in private schools in grades 9 to 12 (high school): 2 Students in private undergraduate colleges:

Top industries in this zip code by the number of employees in 2005:

• Wholesale Trade: Farm Supplies Merchant Wholesalers (5-9 employees: 1 establishment)
• Construction: Painting and Wall Covering Contractors (5-9: 1)
• Accommodation and Food Services: Full-Service Restaurants (1-4: 1)
• Other Services (except Public Administration): Religious Organizations (1-4: 1)
• Finance and Insurance: Direct Property and Casualty Insurance Carriers (1-4: 1)
• Wholesale Trade: Grain and Field Bean Merchant Wholesalers (1-4: 1)

Most common first names in zip code 50005 among deceased individuals
Name	Count	Lived (average)
Harold	6	73.8 years
Grace	5	78.6 years
John	4	83.5 years
Clarence	3	79.4 years
Dale	3	66.6 years
Carl	3	78.3 years
Helen	3	78.6 years
Goldie	3	80.7 years
Earl	3	71.3 years
Charles	3	88.3 years

Most common last names in zip code 50005 among deceased individuals
Last name	Count	Lived (average)
Eurom	6	80.8 years
Collins	5	86.8 years
Davis	5	78.0 years
Keeler	5	75.2 years
Wooten	4	78.5 years
Edwards	3	81.3 years
Hall	3	78.0 years
Isenhower	3	75.4 years
Borton	3	82.0 years
Hauser	3	88.4 years